The Dominican Republic Senate (upper house of Congress) approved the Law for the Promotion of the Placement and Commercialization of Public Offering Securities in the Stock Market of the Dominican Republic on 15 July 2021, following the law's approval in the Chamber of Deputies (lower house). The law provides several incentives in relation to the promotion of listing securities on the Dominican Republic stock market, including: An exemption from the 1% tax on capital increases for companies issuing shares or other equity-like instruments for a period of 3 years; An exemption from the 1% withholding tax on the purchase and...