Banco Sabadell information session
Free zones have been the most efficient tool for the Dominican Republic to promote exports and a source of competitiveness for companies that invest there.
Banco Sabadell has held an information session about opportunities to access the American market, through the implementation or establishment of its production or logistics centers in the Dominican Free Zones. Currently, dozens of companies develop manufacturing operations in the Dominican Free Zones, taking advantage of the country's attractive advantages, in terms of geographic location, logistics infrastructure, as well as a set of tax benefits and economic incentives that are the most outstanding in the Western Hemisphere.
During the day, the global positioning of Dominican Republic as the world's leading exporter of cigarettes, third largest exporter of footwear Latin America or fourth supplier of medical instruments USA.
Luisa Fernández, Executive Director of the National Council of Free Zones has highlighted that the Spanish companies that manufacture in Dominican free zones would generate millions of dollars in savings. The investors They have highly efficient, agile and committed institutional support. The advice of export free zones offers personalized attention and expeditious processes for the installation of new companies, obtaining as a result international recognition for excellence in service.
The free zones have been for Dominican Republic the most efficient tool to promote exports and a source of competitiveness for companies that invest there.
One of the main advantages that the Latin country offers to start a business there is that with the new logistics warehouse regime, operators can consolidate, store, label or distribute, among other operations, in designated logistics centers without paying any type of import taxes until that the product has not been nationalized.
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