Export Free Zones are regulated by Law 8-90 of January 15, 1990, with the objective of promoting the establishment of new free zones and the development and growth of existing ones.
The free zone is defined as a geographical area of the country subject to special customs and fiscal controls, in which the installation of companies that allocate their production or services to the external market is allowed, by granting the necessary incentives to promote their developing.
The incentives are established in article 24 of Law 8-90. Free zone operators and the companies established within them are protected under the customs and tax regime and consequently receive 100% exemption on the following payments:
The procedure lasts approximately 30 days from the date the required documents are received. The operating permit is granted by the National Council of Export Free Zones, which is the entity that regulates and supervises the operations of free zones in the Dominican Republic.
The legal minimum wage is RD $ 10,000.00 (approximately US $ 210.00). However, the actual salary paid varies depending on the sector in which you are, the employee’s capacity, his technical preparation, among other factors.
Prior to Law 8-90, local financing was not available to foreign investors. Currently, Dominican individuals and institutions can give credit or financing to companies in free zones, subject to regulations of the monetary board.
Yes, any foreigner can work in the Dominican Republic regardless of their nationality; as long as you have a work permit in the country or Dominican residence according to the categories that we have established by law.