The Plenary of the Coordination Council of the Special Border Development Zone (CCDF) yesterday announced the opening for the reception of investment projects with an interest in being developed on the border with enjoyment of the fiscal incentives established in the Law 12-21.
A note says that it released the calendar for companies to submit their proposals, that companies covered by Law 28-01 with expired operating licenses will have a period of six months to apply for the new norm 12-21 and during this period, they will be able to enjoy the tax incentives granted by Law 28-01.
Indicates in the text that companies covered by Law 28-01 with current operating licenses They must submit their projects six months before their due date.
Can read: President Abinader advocates progress on the border
“We are very happy and motivated because we have already opened the door for investors to present their projects in order to settle in the border area. The development of this area is a wish of President Luis Abinader,” he said. Erodis Diazsecretary.
It states that to download the application form and obtain more information they can access www.ccdf.gob.do.
About CCDF
Last May, President Luis Abinader installed the plenary session of the Coordination Council of the Special Border Development Zone (CCDF), with a view to knowing, examining and approving investment projects that are submitted to that body to enjoy the tax incentives granted by Law 12-21 when settling in the border area.
This legislation, created 30 years ago, was finally enacted on February 22, 2021 and outlined a special border zone that encompasses the provinces of Montecristi, Dajabón, Santiago Rodríguez, Pedernales, Elías Piña, Independencia and Bahoruco to increase jobs, improve quality of life and reduce poverty on the Dominican border.
