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Dominican Republic Extends Special Border Development Free Zone Including Tax Incentives

|Approved Changes|Dominican Rep
Dominican Rep

According to recent reports, the Dominican Republic enacted Law 12-21 on 22 February 2021, which establishes a new regulatory framework that updates and replaces Law 28-01 on tax incentives for the Special Border Development Free Zone with immediate effect. The zone covers provinces near the border with Haiti, including Pedernales, Bahoruco, Independencia, Elías Piña, Dajabón, Montecristi, and …

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