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Business Guide of
the Dominican Republic
The legal guide of businesses of the Dominican Republic is a document created by the Federation of European Cameras of Commerce of the Dominican Republic and the office of Lawyers Pellerano & Herrera, same this to disposition of all company or person interested in establishing commercial relations with the Dominican Republic.
Information
This information is in Portable Document File (PDF) format, to view it you need Acrobat Reader. To download a free version please visit their web site.
Economic Information
Latin America and the Caribbean:
Gross Domestic Product
(Average Percentage Rate) Source: ECLAC The Dominican Republic has been the leader in growth in Latin America. During the period 1994-2003, GDP grew at an average rate of 5.3%. ___________________________________
Trade Statistics
Source: U.S. Census Bureau The Dominican Republic is the United States fifth trading partner in Latin America. Total trade accounted US$8.4 billion in 2002. ___________________________________
US Exports to Dominican Republic
via major selected states 2001
(in millions of
US dollars)
By state, Florida is the 1st trading partner of the Dominican Republic in the United States. Most of the flow of goods and services is via Florida, followed by Puerto Rico. Louisiana, and North Carolina. ___________________________________
Foreign
Exchange Revenues
As of June
2002
The Dominican Republic has a diversified and dynamic foreign exchange revenues base which include tourism, remittances, maquila exports, traditional and non-traditional exports and growing FDI. ___________________________________ Tourism by
Country of Origin
Total visitors 2002= 3,179,869 The Dominican Republic is currently the major tourist attraction in the Caribbean with ideal and diverse destinations throughout the country. The tourist industry in the Dominican Republic offers more than 54,000 hotel rooms. Tourist arrivals from the United States accounted 27.8%, Canada 12.0%, France 8.3%, Spain 5.9%, among the most important. The Dominican community living abroad represented 31.3% in 2002.
Judicial System
The Dominican judicial system is based mainly on the French regime. The same one is exerted by the following courts:
• The Supreme Court of Justice composed by sixteen judges, is the supreme court of the country. It can modify the sentences pronounced by other courts, but only in which it relates to the legality of them.
The Courts of Appeal, The Court of First Instance and The Courts of Peace.
The members of the Supreme Court of Justice are appointed by the National Council of the Magistrature, where the rest of the judges are selected by the Supreme Court of Justice.
For further information on the Dominican Judicial System please visit:
Supreme Court of Justice : www.suprema.gov.do Office of the Attorney General : www.procuraduria.gov.do
Governmental Websites
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©Copyright 2005-2007 Consulate-General of the Dominican Republic Bangkok Thailand |