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An Overview on Dominican Tax Law
Taxation in the Dominican Republic is governed by Law No. 11-92 of May 31, 1992, commonly known as the Tax Code (“Código Tributario”), its amendments and regulations (“Reglamentos”). This overview is a brief summary of the Tax Code’s most relevant provisions. All references in parentheses refer to articles in the Tax Code unless otherwise specified. Taxes are collected by the Bureau of Internal Revenue (“Dirección General de Impuestos Internos”or DGII), an autonomous government entity which may also issue its own regulations (“Normas”). Dominican income tax law is primarily territorial. All income derived from work or business activities in the Dominican Republic is taxable, no matter if the person is a Dominican, a resident foreigner or a nonresident foreigner (Articles 269 and 270).

Other legal entities Related Articles

6.2 Legal and regulatory constraints: Gender Entrepreneurship and Competitiveness in Africa 2007
Many African countries are characterized by the coexistence of dual or multiple legal systems, which lead to greater insecurity of women’s legal status, compared with men.
The Dominican Corporation
The most common business entity in the Dominican Republic is the corporation, locally called “Sociedad Anónima” (S.A.) or “Compañía por Acciones” (C. por A.). As corporations in other countries, Dominican corporations are legal persons which exist independently of its shareholders. Likewise, the liability of the shareholders is limited to the amount of their contribution to the corporation. The Dominican Commercial Code provides for the existence of other business entities such as partnerships (“sociedad en nombre colectivo”), limited partnerships(“sociedadesencomandita”)and joint ventures (“sociedades en participación”). These structures, however, are seldom used because they are subject to the same tax treatment as corporations while lacking its limited liability component.
What is a Franchise
A franchise is a simple method of expanding a business system using a legal document to secure the IP. However, there are more aspects to a franchise than just the legal rammifications. People develop franchises and people buy franchises - what it means to them is much more than the legal structure.
What business structure should I choose when starting my Company?
The article highlights the business owners choice in selecting a legal ' style ' of business for legal and accounting and personal goal basis .
Equipment Leasing as a Government and Municipal Financing Strategy in Canada
The article provides insight into why certain Canadian government entities utilize a lease financing strategy .
A LEGAL LANDMINE: PRIVACY ISSUES IN THE 21ST CENTURY
A brief overview of new legal policies surrounding social media. Between text messaging and cell phones, social media is playing host to all new legal issues for employers. This article will help break down some of the more common issues occurring and let employers know what they can and can't pursue within the legal limits.
Determining the Business Entity Best for Your New Business
One of the most important matters that a person needs to focus on in the early stages of starting a business is determining the type of business entity to operate the business. You need to address this issue with the advice of an experienced business attorney in coordination with a certified public accountant. Most individuals operate his or her business under one of the following entities: 1. Sole Proprietorship; 1. General Partnership; 2. Limited Partnership; 3. Joint Venture; 4. "C" Corporation; 5. "S" Corporation; or 6. Limited Liability Company. While most new businesses are either an S corporation or a limited liability company, you should analyze each type of business entity to determine which is best for your business from a liability, tax, investment, legal, formation, operati
Interesting facts about Legal process outsourcing
83% of businesses AM Measure 50 refused to say whether they had used LPO • By contrast, conservative Fronterion estimated that between 65-75% of AM 50 companies use varying degrees LPO • Reluctance to disclose LPOS work that could be linked to the ethical ambiguity. A new study by Fronterion has found that, although many law firms in the United States is using legal outsourcing providers for the first time, few are willing to admit in public, leading to a culture of secrecy surrounding development increasingly important within the legal services sector. Fronterion In a survey of 30 major U.S. companiesin the law I'm 50, 83 percent refused to say whether they had used the legal process outsourcing (LPO) providers, despite the fact that responses were confidential.

Legal Marketing: Protect your Facebook from unwanted intruders
Many legal marketers are beginning to use their Facebook page to post legal industry news and stay connected with co-workers and clients, but make sure your Facebook page is protected from spam and other unwanted issues.

RFx Legal Puts Clients’ Legal Work Through Competitive Bidding Process
With most companies still trying to find ways to cut costs, RFx Legal now provides a procurement platform that allows Fortune 500 companies to leverage their purchasing power for legal services.
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