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Www.investinthedr.com. DR at a Glance La Gerencia de Dominicana Exporta cuenta con 3 Divisiones especializadas: New Business/ Desarrollo de Nuevos Negocios.

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Presentation on theme: "Www.investinthedr.com. DR at a Glance La Gerencia de Dominicana Exporta cuenta con 3 Divisiones especializadas: New Business/ Desarrollo de Nuevos Negocios."— Presentation transcript:

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2 DR at a Glance La Gerencia de Dominicana Exporta cuenta con 3 Divisiones especializadas: New Business/ Desarrollo de Nuevos Negocios After Care/ Desarrollo de la Oferta Exportable Market Intelligence/ Inteligencia de Mercado

3 DR at a Glance PRIORITARY EXPORT SECTORS Food and Beverages Processed Products Agriculture Products Organic Products Industry Leather Goods Furniture Construction Technology Medical Devices Contact/ Call Center Software/ Businness Process Outsourcing Auto Parts Electric Components Cultural Goods Crafts Audiovisuals Paintings and Sculptures

4 DR at a Glance DR Export Evolution

5 DR at a Glance Source: DR Central Bank and CEI-RD Main Export Products Iron-Nickel Sugar Cane derivates Raw Cocoa in grain Steel Bars Cigars Tobacco in Branch Green Coffee Bananas Stripped Tobacco Beers Sugar Cane Rum NATIONALFREE ZONES Blood Transfusion Devices Men’s Underwear Cigars Cotton Pants Upper Shoes Parts Leather Bags Brassieres Transformers Shirts for Men and Children Serum Infusion Equipments Electric Clocks (Alarms)

6 DR at a Glance Source: DR Central Bank and CEI-RD IMPORT: USA Puerto Rico Mexico Spain Japan Panama Germany EXPORT: USA South KoreaCorea Puerto Rico Haiti Holland United Kingdom Canada Belgium – Luxemburg Germany Japan DR - Main Trade Partners

7 DR at a Glance DR Organic Sector Main Countries Destinations 1)Belgium-Luxembourg 2)Germany 3)Holland 4)Italy 5)USA 6)Sweden 7)Puerto Rico 8)Canada 9)France 10)Spain Products: Fresh Bananas Raw Cocoa and cocoa derivates (butter, liqueur, powder) Coffee Coconut and derivates (dried, oil, etc.) Mango Puree (Pulp) Sour Lemons Nieem based products Ginger Aloe

8 DR at a Glance While our products are supplied to competitive prices, it is the quality, punctuality, optimum delivery and service what determines our capacity to bet and compete at international level. The regulations under which the national exporter rules themselves, demonstrates that our standards are on par with the strictest world- wide. 1 st. Organic Banana and Cocoa Exporter to EU 1 st. Worldwide exporter of Beer and sugarcane Rhum 5 th. Commercial Partner in L.A. of EE.UU. 8 th. Worlwide producer of Cocoa Commitment toward Excellence ICCO, 2006

9 DR at a Glance Nazario Rizek Cacao Agroindustria Ocoeña, S. A. Export Agri - Brands

10 DR at a Glance Law 8-90: Promotion of the Free Trade Zones of Exportation: Encourage the establishment of new free trade zones and the growth of the already existing ones, regulating their functioning and development; the benefits of the present law are: 1. Special regime of customs control. 2. Fiscal Exemptions of up to 100 %. Major policy Actions to Promote Industrial and Export Development

11 DR at a Glance Major policy Actions to Promote Industrial and Export Development Law No : Of Reactivation and Foment to the Exports: To establish new mechanisms and to modernize the existing ones in order to propitiate a reactivation and expansion supported of the exports of goods and services and, therefore, of the economic national growth. The incentives that have this law are: 1. Refund of the rights and customs charges 2. Compensation simplified of customs charges 3. Regime of temporary admission for the active development

12 DR at a Glance Law : Special Border Development Zone This law establish that all companies to be installed within any of the provinces listed in the Law, (Pedernales, Independencia, Elias Piña, Dajabón, Montecristi, Santiago Rodriguez and Bahoruco) will benefit from the following facilities and exemptions: 1.Exclusion of 100% of the net income tax –income. 2.Exemption of a 100% of the tax on IVA. 3.Exemption of import duties and taxes and other related charges. 4.Exemption of fifty percent (50%) in the payment of freedom of transit and use of ports and airports. In no case shall be allowed to import machinery, equipment, spare parts, accessories, fuels, semi-finished and finished products, packaging and other ingredients exempt of taxes when they are produced locally in sufficient quantity and in quality and competitive prices, except when the exemptions arise from international agreements or treaties. Major policy Actions to Promote Industrial and Export Development

13 DR at a Glance Major policy Actions to Promote Industrial and Export Development LAW : That declares of national priority the sectors belonging to the textile chain The import and/or purchases in the local market of raw materials, machineries, equipment and services established in this Law, and made by the companies of the sectors belonging to the textile chain, dressmaking and accessories; skin, footwear and leather manufactures, are exempt from the payment of the IVA and other taxes.

14 DR at a Glance Major policy Actions to Promote Industrial and Export Development LAW 57-07: Incentives for the Development of Renewable Sources of Energy and its Special Regiments The National Commission of Energy (CNE) will recommend the exemption of all kinds of taxes of import to the equipment, machineries and accessories imported by the companies or individual persons, necessary for the production of energy of renewable sources. The exemption will be 100 % of taxes. This incentive includes the import of transformation equipment, transmission and interconnection of electrical energy to the SENI. The equipment and materials are also exempt from the payment of the Tax on the Transfer of Industrialized Goods and Services (ITBIS) and from all the taxes to the final selling.

15 DR at a Glance Sugar Cane1 Cigars1 Cotton Pants for Men2 Raw Cocoa3 Brassieres4 Iron-Nickel5 Blood Transfusion Devices 5 Steel Bars7 Switches7 Electric Components7 Beer8 Bananas 10 Disposable Blankets11 Dominican Products Ranking in EE.UU.

16 DR at a Glance GENERALIZED SYSTEMS OF PREFERENCES (GSP) WITH: Japan, Canada, Russia, Australia, Switzerland, Bulgaria, Norway and New Zeeland (DR-CAFTA) CA+DR-USA (EPA’S) CARIFORUM – UE (CARICOM + DR + 27 countries EU) CENTRAL AMERICA PANAMA – Partial Agreement DR Commercial Agreements

17 DR at a Glance Preferential Market Access CARICOM Caribbean 30M DR-CAFTA North America 306M Millions of Consumers European Community Agreement Association 495.5M FTA with Central America 40M

18 DR at a Glance Thanks!


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