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Santo Domingo, Dominican Republic – Chambers and Partners Global once again recognizes the firm Ulises Cabrera in the practice areas of Corporate/Commercial and Intellectual Property. It also mentions partners José Cruz Campillo, Mónica Villafaña, Magdalena Almonte, and Jeanny Aristy. These achievements reflect the firm’s commitment to excellence. The firm’s Business and Intellectual Property departments have been...

Download and share the content here Open Banking involves opening banking data and infrastructures to third-party financial service providers using application programming interfaces (APIs). This allows individuals to access a wider range of personalized and competitive financial products and services from a single platform or application. Consequently, Open Banking fosters innovation, competition, and financial inclusion....

Download the article: Free Trade Service Zones Since their establishment in 1968, the free trade zones in the Dominican Republic have been a key engine for the country’s economic growth. These areas, where companies can operate with special fiscal and customs benefits, have attracted foreign investments, spurred job creation, and fostered the export of manufactured...

Download: The Nonexistent Consumer Arbitration in the Dominican Republic. Legal mandates that exist only in the text. Consumer Rights have been recognized by the Dominican Constitution as a fundamental right owed to every person in our country. In order to protect this right, the State has granted an administrative function of monitoring the market and...

Download and share the content by clicking on the link: The Dominican Republic finally has a public stock offering Given the recent announcements of share issues in the stock market of the Dominican Republic, with one of them already available and the next one in process, the question arises as to why it has taken...

Download and share the content by clicking on the link: Fintech Within the popularity of business we are seeing companies that are gaining space in the corporate market through technological financial services. These are called Fintechs, companies that through their technologies offer innovative business models that work hand in hand with the financial sector. These...

With the purpose of improving the management of public procurement processes, on January 24, 2023, the General Direction of Public Procurement (Dirección General de Contrataciones Públicas in Spanish or DGCP) issued Resolution no. PNP-02-2023 that approves the General Manuals for ordinary selection procedures and public procurement exceptions, the standard specifications for competitive selection exception procedures...

Download and share The National Wages Committee held a session the past Tuesday April 11, 2023, and set forth a 20% increase in the minimum wages of the workers for industrial free zones, divided in two stages: (1) A first stage with immediate application as of May 2023, equivalent to 15%, for a minimum wage...