JD Supra (Blogs)
- JD Supra Dominican Republic JD Supra, 2019
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Impact of COVID-19 Pandemic on Patent Offices and Federal Courts -- March 19 UPDATE
Last week, World Health Organization Director-General Tedros Adhanom declared that the COVID-19 outbreak "can be characterized as a pandemic," cautioning that the WHO has "rung the alarm bell loud and clear." At the time of the announcement, the WHO noted that there were 118,000 cases reported globally in 114 countries. In its latest situation report, the WHO indicates that as of March 19,...
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Dominican Republic to Require Venezuelan Nationals to Apply for a Visa to Enter the Country
The Dominican Republic’s Ministry of Foreign Affairs announced that as of December 16, 2019, Venezuelan nationals wishing to enter the Dominican Republic will be required to obtain a visa to travel to the Dominican Republic. The new measure establishing a tourist visa requirement for Venezuelan nationals is contained in Resolution 006-2019, signed by Foreign Minister Miguel Vargas.
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LATIN AMERICA & THE CARIBBEAN A Legal Guide for Business Investment and Expansion - Dominican Republic
1 .What role does the government of the Dominican Republic play in approving and regulating foreign direct investment? The Dominican Republic offers outstanding advantages to foreign and national investors. The significant incentives and facilities offered by the Dominican State complement the many inherent factors that make this Caribbean country an attractive target for investments. The
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DOMINICAN REPUBLIC—Update: Conditions for CDEEE-Related PPAs for Renewables
In our August 1, 2017 Cross Border Transactions Newsletter we informed about the announcement made by the Corporación Dominicana de Empresas Eléctricas Estatales (CDEEE) regarding several new conditions included in the Power Purchase Agreements (PPAs) for wind and solar photovoltaic projects that the CDEEE had recently signed. Because the CDEEE’s announcement is not clear as to whether such new...
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Cross Border Transactions - DOMINICAN REPUBLIC—Moratorium on Provisional Concessions for Certain Renewables
Despite the high interest in the country’s energy sector by local and international developers of renewable projects and the government’s commitments and ongoing efforts to diversify the country’s energy matrix, particularly by increasing the available capacity from renewable energy sources, the National Energy Commission (CNE) has yet to lift the moratorium on the processing, and therefore...
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Cross Border Transactions - DOMINICAN REPUBLIC—Potential New Conditions for CDEEE-Related PPAs for Renewables
Last May, the Corporación Dominicana de Empresas Eléctricas Estatales (CDEEE), the governmental entity required by law (Law No. 57-07 of Renewable Energy Incentives and Special Regimes and related Regulations) to enter into power purchase agreements (PPAs) with developers of renewable energy projects, announced that several new conditions were included in the eight PPAs for wind and solar...
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DOMINICAN REPUBLIC – The Dominican Electricity Industry Association Issues Proposals for the National Accord for the Reform of the Electricity Sector
As announced in our January 14, 2015 newsletter, on January 19, 2015, the Dominican government gave formal start to the discussions regarding the “National Accord for the Reform of the Electricity Sector,” which President Medina had previously called for by means of Decree 389-14, dated October 13, 2014, pursuant to the mandate contained in Law No. 1-12 (Organic Law of the National Strategy for...
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DOMINICAN REPUBLIC – Government Sets Date to Start Discussions About the National Accord for the Electricity Sector Reform and Presents Proposals
The Dominican government has announced that formal discussions about the so-called “National Accord for the Reform of the Electricity Sector,” which President Medina formally called for by means of Decree 389-14, dated October 13, 2014, pursuant to the mandate contained in Law No. 1-12 (Organic Law of the National Strategy for Development of the Dominican Republic), will commence on January 19, 20
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DOMINICAN REPUBLIC—Executive Branch Submits to Senate Bill Aimed at Amending Article 5 of the Renewable Energy Incentive and Special Regimes Law (Law No. 57-07)
The Executive Branch has submitted to the Senate a bill (Bill) introducing amendments to Article 5 of the Renewable Energy Incentive and Special Regimes Law, promulgated on May 7, 2007 (Law 57-07). The main purposes of such amendments are to broaden the type of biomass projects eligible for the benefits contemplated by Law 57-07, and include energy production using Urban Solid Waste (USW) and...
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DOMINICAN REPUBLIC – Law that Authorizes the Dominican State, through the Corporación Dominicana de Empresas Eléctricas Estatales (CDEEE), to Participate in Power Generation
On March 12, 2014, we advised that the Executive Power had introduced an important bill to the Senate (“Bill”) seeking primarily to (a) authorize the Dominican State, through the Corporación Dominicana de Empresas Eléctricas Estatales (“CDEEE”), to participate, on a temporary basis, in the development of power generation projects aimed at changing the national energy matrix and increasing the...
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DOMINICAN REPUBLIC—2010-2030 Energy Forecast for the Dominican Republic
Last month the National Energy Commission (“CNE”) published a study updating the Dominican Republic’s energy forecast for the 2010-2030 period. The study was prepared by the Argentinean Fundación Bariloche, which performed the same study for the country in their 2003 and 2008 editions, with technical-economic support from the Inter-American Development Bank (IDB). This forecast plays an essential
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Doing Business in Latin America and The Caribbean: Dominican Republic
The Dominican Republic offers outstanding advantages to foreign and national investors. The significant incentives and facilities offered by the Dominican State complement the many inherent factors that make this Caribbean country an attractive target for investments. The Dominican Republic is: • A country with a long and consolidated democratic free enterprise tradition in the...
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DOMINICAN REPUBLIC—Recent Events in the Dominican Power Sector Open the Door for the Development of Power Generation Projects, Particularly in Renewable Energy
Recent announcements of key projects in the Dominican power sector and actions taken by the government signal that this sector is finally taking meaningful steps aimed at resolving the structural problems that affect it, including the lack of an adequate diversification of its power generation matrix. Such projects and actions open the door for the development of new power generation projects,...
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DOMINICAN REPUBLIC - Dominican Government Seeking to Take a More Active Role in Power-Generating Activities
President Danilo Medina has introduced a bill to Congress seeking to grant the Corporación Dominicana de Empresas Eléctricas Estatales (CDEEE), the Dominican Republic’s state power holding company, the right to participate in power-generating activities, namely, the promotion and ownership, either directly or in partnership with the private sector, of projects whose purpose is to (i) modify the...