1) CORPORATION The corporation (Sociedad Anónima) is an entity with a legal existence formed by two or more partners who only assume the risk of losses up to their capital contributions. Corporations may or may not seek funding from the securities markets as a form of financing and expansion of their operations. If they doContinue reading “Dominican Republic – BUSINESS ORGANIZATIONS”
Monthly Archives: August 2022
Dominican Republic – National Film Industry
The recent technical and tax law has stimulated the development, production, dissemination, and preservation of films on Dominican soil. Law No. 108-10 for the Promotion of Film Activity and its regulations create and organize a series of governmental structures responsible for overseeing the film industry and channeling incentives, such as the General Directorate of FilmContinue reading “Dominican Republic – National Film Industry”
Jurisdictions who will NOT Share Private Banking Information under CRS tricks
The Common Reporting Standard (CRS) is a project undertaken by the OECD to eliminate banking privacy rights worldwide. You may wish to bank in one of the countries which are not part of CRS. Non CRS countries are countries that have not signed up to CRS at all and nor were they required to doContinue reading “Jurisdictions who will NOT Share Private Banking Information under CRS tricks”
Automatic Exchange of Information (AEOI), Status of Commitments
JURISDICTIONS UNDERTAKING FIRST EXCHANGES BY 2017 As of 16 November 2021 Anguilla, Argentina, Belgium, Bermuda, British Virgin Islands, Bulgaria, Cayman Islands, Colombia, Croatia, Cyprus2, Czech Republic, Denmark, Estonia, Faroe Islands, Finland, France, Germany, Gibraltar, Greece, Guernsey, Hungary, Iceland, India, Ireland, Isle of Man, Italy, Jersey, Korea, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Mexico, Montserrat, Netherlands, Norway,Continue reading “Automatic Exchange of Information (AEOI), Status of Commitments”
Of the American Communist hierarchy & Waldorf Towers
Right after World War II, the U.S. Communist Party had difficulty getting instructions from Moscow on several vital matters requiring immediate attention. The American Communist hierarchy was told that at any time they had an emergency of this kind, they should contact any one of three designated person at the Waldorf Towers. Dr. Dodd notedContinue reading “Of the American Communist hierarchy & Waldorf Towers”
Dominican Republic, an Economic overview
Economic overview Over the last three decades the service sector has overtaken agriculture as the economy’s largest employer, due to growth in construction, tourism, and free trade zones. The mining sector has also played a greater role in the export market since late 2012 with the commencement of the extraction phase of the Pueblo ViejoContinue reading “Dominican Republic, an Economic overview”