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Tag: Dominican Republic

Viva Wyndham Resorts Miches Begins Construction with a Symbolic Ceremony

Playa Esmeralda, Miches, Dominican Republic, July 1, 2021. – Today we celebrate with the Viva Wyndham Resorts team and the president of the Dominican Republic, Luis Abinader, the beginning of construction of what will become the 750 rooms hotel Viva Wyndham Resorts Miches, a project that represents an investment of RD$3,500 million and that will create 2,000 jobs in the region.

At Guzmán Ariza we are grateful for the trust placed on us by the Viva Wyndham management team, especially don Papo Blanco and Ettore Colussi, to manage all the permits for this project, as well as the CONFOTUR classification of the new hotel.

This project is a tangible example of PROMICHES’ compliance with the development plan signed in April 2021 with the Dominican Government within the framework of a public private partnership for the development of the Miches region. It is expected that in the coming weeks the government will begin the infrastructure work agreed upon, as a complement to these new investments.

In attendance to the ceremony were Nils Stolz-Lechner, development director for the Caribbean region of Wyndham Hotels & Resorts; the minister of tourism, David Collado; Rafael Blanco Tejera, president of the National Association of Hotels and Tourism (Asonahores); Gustavo Román, executive director of the Association of Hotels and Tourism of El Seibo and Miches – PROMICHES, along with members of the board of directors.

Guzmán Ariza is Featured in Latin Lawyer National 2020 as a Recommended Firm in the Dominican Republic 

Guzmán Ariza is honored to be featured by Latin Lawyer in their National 2020 directory as a recommended firm in the Dominican Republic.

Featured practice areas include real estate & tourism, corporate and M&A, and banking & finance, as well as and key partners, Fabio Guzmán-Ariza, Fabio Guzmán-Saladín and Alfredo Guzmán-Saladín.

In their analysis they go on to say that “Guzmán Ariza is one of the oldest law firms in this chapter, headquartered in Santo Domingo and present in key business and tourism centers in the Dominican Republic, it has a full service offering with a focus on corporate and finance work for international companies.”

Guzmán Ariza is Ranked as a Top Tier firm in Dominican Republic in The Legal 500 Latin America 2021 Edition

We are delighted to announce that we have been named one of the top law firms in the Dominican Republic in The Legal 500’s Latin America 2021 edition, earning a Tier 1 ranking for our Real Estate and Tourism and Labour and Employment practice. The firm was also recognized as a Leading Firm in Corporate and Finance and Dispute Resolution.

Our managing partner, Fabio Guzmán Ariza, was honored with the elite Leading Individual ranking in Real Estate and Tourism. Mr. Guzman Ariza is also a recommended lawyer in Labour and Employment, Corporate and Finance and Dispute Resolution.

Partners Fabio Guzmán Saladín and Alfredo Guzmán Saladín were both ranked as Next Generation Partners in Corporate and Finance and Real Estate and Tourism, respectively. Fabio Guzmán Saladín is also a recommended lawyer in Real Estate and Tourism, whilst Alfredo Guzmán Saladín is recommended in Corporate and Finance and Labour and Employment.

Additionally, ten of our lawyers were recognized as Recommended Attorneys in this edition, including Rubén García in Real Estate and Tourism and Labour and Employment; Rhadaisis Espinal in Dispute Resolution and Labour and Employment; Julio Brea Guzmán in Real Estate and Tourism and Labour and Employment; Alberto Reyes in Corporate and Finance and Dispute Resolution; Marianne Olivares in Dispute Resolution; and Pamela Benzán in Corporate and Finance.

In their editorial, the publication highlights our team and practice areas, and goes on to say that: “Guzmán Ariza’s real estate practice is ‘a market leader in the Dominican Republic in this area‘. The department is well known for its strong capabilities in handling condominium and hotel mandates, and is very experienced in real estate permits and project finance matters. In the Santo Domingo office, Fabio Guzmán Ariza is a highly regarded practitioner in the real estate sector, with notable expertise in condominium projects, while Fabio Guzmán Saladín is a key contact for project finance. La Romana-based Alfredo Guzmán assists multinational companies with transactions in the hospitality and tourism sectors; Julio Brea Guzmán, based in Puerto Plata, counts real estate litigation as a core area of strength; and Rubén García is a key contact in the Samaná office.”

President Danilo Medina Declares a National State of Emergency and Establishes a Curfew Applicable to the Entire Dominican Territory

President Danilo Medina decreed on July 20th, 2020 a national state of emergency for a period of 45 days effective Monday, July 20th and the daily curfew has been set for a period of 20 days, as follows:

  • Daily curfew has been set from Monday through Friday, from 7:00 p. m. to 5:00 a. m., and Saturdays and Sundays from 5:00 p. m. to 5:00 a. m. in the following provinces:
  1. Santo Domingo.
  2. Distrito Nacional.
  3. Santiago.
  4. San Cristóbal.
  5. La Vega.
  6. Puerto Plata.
  7. Duarte.
  8. San Pedro de Macorís.
  9. La Romana.
  10. San Juan de la Maguana.
  11. La Altagracia.
  12. Azua.
  13. Monseñor Nouel.
  14. Sánchez Ramírez.
  15. María Trinidad Sánchez.
  • Daily curfew has been set from Monday through Sunday, from 8:00 p. m. to 5:00 a. m. in the following provinces:
  1. Espaillat.
  2. Peravia.
  3. Barahona.
  4. Monte Plata.
  5. Valverde.
  6. Hermanas Mirabal.
  7. Monte Cristi.
  8. Samaná.
  9. Bahoruco.
  10. Hato Mayor.
  11. El Seibo.
  12. Dajabón.
  13. Santiago Rodríguez.
  14. San José de Ocoa.
  15. Elías Piña.
  16. Independencia.
  17. Pedernales.

Tax Office Extends Relief Measures for the Filing and Payment of Income Tax (ISR) and the Simplified Taxation Regime (RST)

1. Deadlines for submission and payment of the following tax obligations are extended until 7/29/2020:

  • Corporate Entities Income Tax (IR-2).
  • Corporate Asset Tax’s first installment with a closing date of December 31.
  • Related-Party Transfer Pricing Affidavit (DIOR) with a closing date of December 31.
  • Individual Persons and Undivided Estate Income Tax (IR-1).
  • Income Tax Affidavit for natural persons with sole proprietorships.
  • 1st installment on assets tax for natural persons with sole proprietorships.
  • Information affidavit for nonprofit institutions with a closing date of December 31.
  • Affidavit and payment of the 1st installment for taxpayers under the Simplified Taxation Regime (RST), in all of its forms.

2. Taxpayers, including corporate entities or individuals with sole proprietorships, are exempt from payment of Income Tax advances for the June 2020 fiscal period, with due date 7/15/2020. This provision does not apply for large taxpayers who remain operating.

3. Taxpayers with December tax year closings who have not yet filed the IR-2 affidavit will be required to pay the previous month’s advance, regardless of any partial reductions that may have been authorized.

President Danilo Medina Issues Decree Amending the FASE Program

Decree 184-20 modifies the FASE program:

1. Starting June 1st, employers will be allowed to have a part of their workforce benefit from FASE 1 (furloughed workers) and another part of their workers under FASE 2 (those kept on payroll), which was prohibited under the initial decree. A worker may only benefit from one of these two FASE categories at any given time.

2. Workers from colleges who continue to operate with the authorization of the Ministry of Labor may benefit from the FASE program.

3. Workers from the following sectors will now be allowed to benefit from the FASE program:

  • Dental centers.
  • Psychological centers.
  • Ice cream shops.
  • Restaurants.
  • Private clinical laboratories.
  • Dermatologist centers.
  • Plastic surgery centers.
  • Media.
  • Hair transplant centers.
  • Private security companies.
  • Non-profit organizations that already receive transfers from the central government.
  • Veterinaries.

4. Starting June 1st, FASE will be in force for a maximum period of 30 days and will be reviewed at the end of this period.

President Danilo Medina Extends State of Emergency and Curfew

By decree 188-20 President Danilo Medina, decreed on June 1st, 2020 the extension of the national State of Emergency for an additional 12 days applicable to the entire Dominican territory, effective from today June 2nd until June 13th. All social distancing measures in force during the past State of Emergency period will remain in force and the daily curfew has been set from Monday through Saturday, from 7:00 p. m. to 5:00 a. m., and Sundays from 5:00 p. m. to 5:00 a. m.