2017News

Overseas deputies call for Christmas gift limit to be increased

Deputies representing Dominicans living overseas have complained about the decision of the Customs Agency (DGA) to reduce the tax exemption limit on items which Dominicans living abroad bring into the country during the Christmas period from US$3,000 to US$1500. They have written to President Danilo Medina asking him to restore the exemption to the RD$3,000 …
2017News

Rafael Paz of CNC: Removing the deposit requirement to form a company

Rafael Paz, executive director of the National Competitiveness Council, announced two measures to be promoted by the government to improve national competitive ranking. The announcement came after the first meeting of the National Competitiveness Council’s advisory board recently appointed by the Medina administration. The measures that are being given priority include eliminating the minimum capital …