- Tax Free Zones

With 64 industrial parks and some 600 companies located there, the Dominican Republic has become one the largest manufacturers and exporters of consumer goods and services in the region. The team of JCP is uniquely positioned to assist investors with the entire range of tax free zones services because of its long standing working relationship with the National Free Zones Counsel (CNZFE), the agency in charge of regulation and oversight of tax free zones, as well as because of its vast experience in that field.

The JCP services include installation and management of industrial parks, as well as both regular and special tax free zones companies (i.e. enjoying tax free status but located outside industrial parks). JCP consistently obtains positive results with permit approvals, agreements between industrial parks and companies, set-up of operations, as well as winding down of companies. While offering competitive rates for the above services, JCP provides services in the most efficient and expedited manner.

Chambers & Partners Global 2014 distinguishes José Cruz Campillo as a “key member of the team” who “handles a range of corporate and foreign investment matters, and is widely praised for his free zone expertise.”

Services

• Installation of Industrial Parks
  • Application and follow up for permits for installation, land use, construction, environmental, energy auto-generation, etc.
  • Registration of rights of way, mortgages, liens, etc.
  • Negotiation of concessions with the government;
  • Negotiation and entering into agreements with companies to be located within an industrial park
  • Purchase or lease of land
  • Negotiation and entering into agreements with service providers and utilities
  • Support of all industrial park operations
• Regular Tax Free Companies Located within Industrial Parks
  • Obtain classification from the CNZFE
  • Negotiation and entering into agreements with industrial parks
  • Set-up of a corporate entity
  • Obtain tax exempt status from the General Agency of Internal Revenue
  • Representation before the CNZFE (authorization to import products tax free, etc.)
  • Transfer benefits to another company, winding down of operations
• Special Tax Free Companies Located outside Industrial Parks
  • Obtain classification from the CNZFE
  • Purchase or lease of land
  • Registration of rights of way, mortgages, liens, etc.
  • Set-up of a corporate entity
  • Obtain tax exempt status from the General Agency of Internal Revenue
  • Representation before the CNZFE (authorization to import products tax free, etc.)
  • Transfer benefits to another company, winding down of operations
• Industries
  • Manufacturing of consumer goods
  • Agriculture
  • Telecommunications
  • Services
  • Marketing and Distribution
  • Logistics

Key Representations

• Representation of one of the largest international clothes manufacturer in connection with setting up and supporting operations of an industrial park and the only company to be located within that park
• Restructuring of an existing tax free subsidiary of one of the largest medical supply manufactures, which involved a spin-off a subsidiary and rebranding the parent and obtaining all relevant authorizations and permits