The law that regulates the foreign investment in this country is the Law 16-95. The promulgation of this law has allowed the Dominican Republic to have notable advantages over other legislations that compete with our country. There exists numerous and diverse definitions of what is foreign investment.

In effect, the country recognizes that foreign investment and the transference of technology contributes to the economic growth and social development of the country, favoring generation of currency and employment, which contributes with efficient methods of production, trade and administration.

The Law No. 16-95 provides a detailed scheme of the attributions of the Center of Export and Investment of the Dominican Republic, as far as its functions, aims of this law and the procedure used to register the investment.

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