Unlocking Tax Incentives in the Dominican Republic: What Investors Need to Know

The Dominican Republic is a top destination for tourism-related investment, thanks to Law 158-01, which offers substantial tax incentives. This law was created to promote tourism development by reducing the financial burden on developers, making it easier and more profitable to build luxury resorts, eco-tourism projects, and mixed-use developments.

Key Tax Benefits for Developers

Law 158-01 provides:

• 100% Income Tax Exemption for up to 10 years.

• Exemption on Import Duties for construction materials, equipment, and furnishings.

• Municipal Tax Exemption, including property transfer and construction permits.

• Tax-Free Dividends for tourism-related companies.

These benefits can significantly reduce costs and boost profitability, giving developers a competitive edge in the Caribbean market.

Samaná: A Prime Example

Samaná is a hotspot for eco-tourism and real estate.With the Samaná Bayport Cruise Terminal, this will create a rising number in tourism. Projects like this will create strong returns for investors.

Law 158-01 makes the Dominican Republic one of the most favorable places for tourism development in the Caribbean, benefiting investors