DR Tourism Real State Tax Exemption
What is CONFOTUR?
On October 9, 2001, the National Congress approved Law No. 158-01 on promoting tourism development for areas with little development and new centers in provinces and localities with great potential, with the aim of accelerating a rationalized development process. of the tourism industry in all regions with potential and natural conditions for tourism exploitation throughout the Dominican territory. In the aforementioned law, the Tourism Promotion Council (CONFOTUR) was created, with the purpose of applying the guidelines of Law No. 158-01, as well as creating the conditions and facilities necessary so that innovative tourism projects can benefit from the incentives granted by law.
Through Decree No. 372-14, the Technical Directorate of CONFOTUR was created, in charge of handling all technical matters derived from the application of Law No. 158-01 and its modifications. Classification application files, to comply with the terms of Law 158-01 and its modifications, must be sent through the CONFOTUR website by completing the Application Form. The Technical Directorate will carry out the technical and legal evaluation of the projects and is responsible for recommending to the Council the exemptions specific to each request it evaluates. A Classification, whether Provisional or Definitive, is nothing more than the approval by the Tourism Development Council (CONFOTUR) of a given tourism project, as capable of benefiting from the benefits and incentives of the Law.
Likewise, with the approval of resolution 49-2014, a step is taken to tourism projects that may be included under Law 158-01 and its modifications, for the purposes of offering health services, and that have the capacity to generate important tourist flows, under medical tourism marketing channels, not common to vacation tourism. In short, all exemptions granted by CONFOTUR are established in Law 158-01 and its modifications.
Each project is evaluated by the Technical Directorate of CONFOTUR following the guidelines of the same law, its Implementation Regulations (Decree No. 372-14 dated October 9, 2014) and Resolution No. 109-15 of September 25 of 2015 that approves the Guide for the Presentation of Tourism Projects to access the Incentives and Benefits of Law No. 158-01.
The exemption period is 15 years from the completion of the construction work, 3 years are granted to begin sustained and uninterrupted operations of the approved project. It is excluded from Real Estate Property Tax (IPI)
