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Labor & Employment

Expected Changes To Dominican Republic’s Labor Law Likely To Rebalance Employer-Employee Relationship

In recent years, the Dominican Republic has enacted reforms affecting virtually every industry and every significant Dominican statute with one principal goal in mind: to enhance the rule of law for the benefit of Dominicans and investors – foreign and domestic alike. Thus, the Dominican...

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International Trade

Business Opportunities Abound Under Dominican-Central America-U.S. Free Trade Agreement

Almost exactly a decade ago, on August 5, 2004, the United States signed the Dominican Republic-Central America-United States Free Trade Agreement (“DR-CAFTA”) with the Dominican Republic and five Central American countries (Costa Rica, El Salvador, Guatemala, Honduras, and Nicaragua...

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International Trade

With A Wide Variety Of Incentives, The Dominican Republic Continues To Attract International Investors

Editor: Please tell our readers about the focus of your practice. Pellerano: I joined Pellerano & Herrera in 1979 and became a partner in 1986. My practice is concentrated in banking and finance, project finance, mergers, acquisitions, and joint ventures. I represent foreign companies and...

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International Trade

Broad Range Of Incentives For Businesses Are Available In The Dominican Republic

U.S. companies and investors seeking opportunities abroad often read articles about a specific law or regulation in a particular country that explain how that law or regulation can protect a corporation’s property or workers. That kind of information certainly can be crucial for a business...

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International Trade

Dominican Republic Broadens Nation’s Transfer Pricing Rules

The Dominican Republic recently enacted new rules that expand the country’s transfer pricing program so that it now applies to a much larger group of foreign companies doing business in the Dominican Republic than it did previously. Before these new rules took effect, the Dominican Republic...

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Finance

Securitizations Simplified In The Dominican Republic

Over the past decade or so, the Dominican Republic, a member of the International Organization of Securities Commissions (“IOSCO”) and one of the countries that subscribes to the Organization for Economic Cooperation and Development (“OECD”) Principles of Corporate...

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International Trade | Securities & Exchange Commission (SEC)

New Dominican Law Facilitates Development Of Country’s Mortgage Market

The Dominican Republic recently enacted a law that is helping the country’s mortgage market develop while providing significant opportunities for investors – and a boost to the country’s efforts to expand its housing stock. The new law contains a number of key definitions,...

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