Archives: Dominican Republic

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Dominican Republic’s Law No. 57-07 and it’s Incentives for the Development of Renewable Sources of Energy

Since the enactment of Law No. 57-07 on incentives for the development of renewable sources of energy on May 2007 (“Law No. 57-07”), the Dominican Republic has experienced a significant surge of investments in the renewable energy sector. For example, from 2011 to 2016, the country’s National Interconnected Electric System (“SENI”) added1,018 megawatts (“MW”) of … Continue Reading

The Concept of Salary under Dominican Law

The salary under Dominican law is not limited to the financial compensation regularly paid to employees for their services. Instead, under Dominican law, the salary also includes all fixed benefits that employees recurrently receive from their employer (e.g. cost of living, diet, telephone, gas and others). Moreover, under Dominican law, upon termination of a labor … Continue Reading

The Dominican Republic’s New Anti-Money Laundering and Terrorist Financing Act

In an effort to bring the Dominican legal framework up to date with new international standards, on June 1, 2017, the Executive Power of the Dominican Republic promulgated the new Anti-money Laundering and Terrorist Financing Act 155-17 (“New Law”). The New Law overhauls the Anti-money Laundering Act 72-02 of June 7, 2002, to allow for … Continue Reading

Entry into force of Law No. 42-08 on Defense of Competition in the Dominican Republic: Immediate Practical Consequences

On January 16th, 2008, the Dominican Republic enacted Law No. 42-08 for the Defense of Competition (“Law No. 42-08”), which is of public policy nature and seeks to promote free competition and sanction unfair practices in the Dominican market. The entry into force of Law No. 42-08, however, was conditioned on the appointment of the … Continue Reading

The Court Rulings That Changed Agency and Distributorship Law in the Dominican Republic

In the last decade, Dominican Judges have adopted a new interpretation of certain provisions of the Dominican Agency Law 173 of 1966, a law which is considered of public policy and very protective of local agents and distributors. Particularly, the courts’ have changed their interpretation of the law on exclusivity of distribution agreements and competent … Continue Reading

Dominican Republic: Two Decades of Legal Change in Favor of Foreign Investment

For approximately 16 years now, the Dominican Republic has been implementing a continued legal reform to adjust its legal framework to international standards, specifically aiming to attract foreign investors. The legal reform includes enactment of new laws and treaties, amendments to existing laws and treaties and the issuance of updated interpretations of local statutes by … Continue Reading
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