Page 21 - Escudo Nacional
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Las condiciones socio                          A COUNTRY WITH LEGAL &
                                         económicas de Repúbica                         SOCIOECONOMIC CERTAINTY
                                         Dominicana se combinan con su
                                         excelente ubicación geográfica                 With its sustained growth, qualified labor,
                                         para convertirla en una nación                 legal framework and incentive for invest-
                                         de mucho atractivo para hacer                  ments, Dominican Republic offers the most
                                         negocios e invertir.                           attractive opportunities to do business in the
                                                                                        Caribbean
(TLC) con Centroamérica (Nicara-                    Socio-economic conditions
gua, El Salvador, Guatemala, Costa                  in the Dominican Republic, com-     The Dominican Republic has a strategic geographic loca-
Rica y Honduras); Acuerdo de Libre                  bined with its excellent location,  tion, in the center of the Caribbean, with a population of
Comercio con Comunidad del Cari-                    make it a very attractive country   10.4 million inhabitants. This country has recorded favorable
be (CARICOM) y el Acuerdo de Al-                    for business and investments.       economic growth, with an annual average of around 5% in
cance Parcial con Panamá.                                                               the last decade. At the end of 2013, the GDP of Dominican
A la vez, la República Dominicana se     * Trato nacional a favor del Inversionis-      Republic reached US$60,636.2 million, which represents a
convierte en un destino de conecti-      ta Extranjero, garantizándoles la mis-         per capita income of US$5,822, according to official Central
vidad por excelencia, ya que ofrece      ma protección jurídica que se le con-          Bank statistics.The inflation rate has also been under control,
accesibilidad a otros mercados, facili-  fiere a los inversionistas nacionales.         to a point that the Consumer Price Index (CPI) hasn’t reached
dades de transporte y logística. Cuen-   * Libre cambios de divisas y repatria-         4% in the last two years. Last year, Dominican exports rea-
ta además con 12 puertos marítimos       ción de capitales.                             ched US$9,651 millions, while imports recorded a value of
para el transporte de mercancías, así    * Certificado de Registro de Inver-            US$16,651 millions. One of the main sources of foreign cu-
como 8 aeropuertos internacionales y     sión Extranjera y/o Transferencia              rrency in the Dominican Republic are tourism services, which
4 puertos de cruceros para turismo.      de Tecnología que avala la validez y           provided incomes last year of US$5,118.4 millions. Remittan-
                                         transparencia de su inversión, por             ces from Dominicans abroad is a close second, reaching a
MARCO LEGAL E INCENTIVOS                 parte del Gobierno Dominicano a                total of $3,333 millions last year. FDI is a key component of
                                         través del Centro de Exportación e             foreign currency attraction, achieving US$1,990 millions last
La República Dominicana cuenta con       Inversión de la República Dominica-            year and surpassing the US$5,000 millions between 2012-
un marco jurídico que no solo ofrece     na (CEI-RD).                                   2013.
seguridad a los inversionistas, sino     Otros incentivos y exenciones fiscales
además, un conjunto de incentivos y      se extienden sobre sectores de pro-            TRADE OPENNESS
exenciones fiscales que les garantizan   ducción de alto potencial, entre estos         The Dominican Republic enjoys wide access to international
mayor rentabilidad a sus inversiones,    cabe destacar: el fomento a las expor-         markets through trade agreements with various nations. It’s
al tiempo que generan empleos dig-       taciones, el Régimen de las Zonas              one of the few countries in the world that has free trade
nos, dinamizan la economía y pro-        Francas, la cadena textil, confección          agreements with the United States and Central America,
mueven el desarrollo del país.           y accesorio, el desarrollo turístico, las      through the DR-CAFTA, and with the European Union,
* Programa de Permiso de Residen-        zonas financieras internacionales,             though the Economic Partnership Agreement known as
cia a través de la Inversión, mediante   las energías renovables, la actividad          EPA. Other agreements signed by the Dominican Republic
acuerdo con la Dirección General de      cinematográfica, la competitividad e           are: FTA with Central America (Nicaragua, El Salvador, Gua-
Migración.                               innovación industrial, entre otros.            temala, Costa Rica & Honduras); FTA with the Caribbean
* Disponibilidad de personal especia-    Además, es preciso destacar que la Re-         Community (CARICOM) and partial scope agreement with
lizado en el manejo de las necesida-     pública Dominicana es miembro de la            Panama.
des de los inversionistas.               Organización Mundial del Comercio
                                         (OMC) y los inversionistas tienen la           LEGAL FRAMEWORK & INCENTIVES
                                         posibilidad de proteger su inversión           The Dominican Republic has a legal framework that not only
                                         mediante la Agencia Multilateral de            offers certainty to investors,but also a set of incentives and tax
                                         Garantías de Inversión del Banco               breaks that guarantee a greater profitability, as well as emplo-
                                         Mundial (MIGA) y del Overseas Pri-             yment generation, dynamization of the economy and promote
                                         vate Investment Corporation (OPIC).            the development of the country.
                                                                                        · Residence Permit Program for Investment, through the agree-
                                                                                        ment with the Immigration General Direction.
                                                                                        · Availability of specialized personnel trained in handling the
                                                                                        needs of investors.
                                                                                        · National Treatment for Foreign Investors, granting them the
                                                                                        same legal protection as domestic investors.
                                                                                        · Free convertibility of foreign currency and repatriation of capital.
                                                                                        · Certificate of Registration for Foreign Investment and / or Te-
                                                                                        chnology Transfer supports the validity and transparency of its
                                                                                        investment by the Government through the Center for Export
                                                                                        and Investment of the Dominican Republic (CEI-RD).
                                                                                        Other incentives and tax exemptions extend over areas of
                                                                                        high production potential, which include: the promotion of
                                                                                        exports, the FTZ regime, the textile chain, clothing and ac-
                                                                                        cessories, tourism development, international financial areas,
                                                                                        renewable energy, the film industry, innovation and industrial
                                                                                        competitiveness, among others. It should also be noted that
                                                                                        the Dominican Republic is a member of the World Trade Or-
                                                                                        ganization (WTO) and investors have the ability to protect their
                                                                                        investment through Multilateral Investment Guarantee Agency
                                                                                        of theWorld Bank (MIGA) and the Overseas Private Investment
                                                                                        Corporation (OPIC).

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