Dominican Republic

IFLR1000 Reviews


Solicitors governing body: Dominican Bar

Competition authority: Procompetencia

Financial regulator: Superintendencia de Bancos

IFLR1000 ranking categories in this jurisdiction: 

Financial and corporate, Project development

Jurisdiction overview

The Dominican Republic is a civil law system.

Non-Dominican lawyers who wish to work in the Dominican Republic have the option of either becoming foreign lawyers or providing foreign legal consulting. Foreign lawyers can provide any legal services other than appearing in court (which only Dominican nationals can do), but they must be members of the Dominican Bar.

To become members, foreign lawyers must either complete a Dominican Law Degree, revalidate their degree, or be licensed to practice in a jurisdiction which has an agreement with the Dominican Republic where lawyers from each jurisdiction can be licensed to practice in the other. Those who don’t want to join a Bar can be foreign legal consultants, meaning they can only advise on international law.

The market is dominated by local firms, though global firm Squire Patton Boggs is an active player. Regional firm Central Law is also active in the market.

Financial and corporate
Headrick Rizik Alvarez & Fernández

Headrick Rizik Alvarez & Fernández saw some notable work advising the banks on financings in the energy and infrastructure sectors in the research period.

The M&A team advised a mix of buyers and sellers on deals in a range of sectors including healthcare, telecommunications and gaming.

Recent Deal Data highlights

•                      Blackstone acquisition of Cirsa Gaming Corporation

•                      Montecristi 57MW photovoltaic power plant

•                      Phoenix Tower International $483 million financing

Client feedback

“Very professional and worked to protect the bank’s interest.” – Banking

“Excellent in every way including the people, process and delivery of results.” – Banking

“Professional and responsible service.” – Banking

“The firm understands our business, and provides concise and on-point legal advice.”  – Financial services regulatory

“Dedicated support. Quick turn around and concise and on-point advice.” – Financial service regulatory  

“Excellent work. Mary Fernandez and Carolina Silié have been great in advising the company, prompt in their response and have demonstrated an outstanding level of commitment towards the case.” – Financial services regulatory

Mary Fernandez

“Outstanding service. Excellent English and knowledge of the legislation and industry.”

Eileen Jimenez

“Nothing short of excellent! The firm and staff fully meet our expectations as a client.”

Jaime Senior


“One of the most professional lawyers that I have work with. Knows the business very well. Excellent human relations” 

Marisol Vicens


“Marisol is a very professional and responsible attorney. She always delivers the requested services on time. She has in-depth knowledge of and experience with the current Dominican Republic laws and jurisprudence, so you are confident while negotiating and closing a deal in DR relying on her legal advice.”



OMG is a leading transactional firm in the market. Recent work includes lender and borrower side financings, buy and sell side roles on acquisitions and financial investments.

 Recent Deal Data highlights

•                      Brisas del Caribe low income residential housing

•                      IDB Invest $204 million local currency bond programme

•                      Phoenix Tower International $170 million acquisition of Teletorres del Caribe

Client feedback

 “Great scope of work, not only transaction but strategic. They were able to assemble a multifunctional team with tax, corporate and real estate in order to cover all the sides.” – M&A, real estate

“OMG has a diverse team with strong regional network and deep expertise in all stages of a Private Equity transaction. On those areas they are far ahead of any local and many regional firms.”  - Private equity

“Very capable, efficient, trustable.” – Project development 

Juan Alcalde 

“Juan is the partner that heads the international transactions part of the firm. Given that our pipeline is heavily weighted internationally, his team is the one I most work with. They have an excellent regional network that allows us deep coverage with local law firms which together with his profound end-to-end knowledge of the pipeline funnel guarantees a great final product.”


Laura Troncoso

“Comprehensive real estate knowledge. Able to be point person within firm to lead multidisciplinary team on legal end. Responsible and reliable.”

“Very capable, kind, and responsive.”

Pellerano & Herrera

Pellerano & Herrera is a leading transactional firm in the local market. Telecommunications is an active sector and the firm has recent experience working for buyers on acquisitions and on financings (both borrower and lender work) in this sector.  The research period also saw the firm advise lenders on financing tourism and energy projects.

Recent Deal Data highlights

•                      BHD Leon $50 million financing

•                      Monte Plata 64MW photovoltaic power plant

•                      Tofane acquisition of Altice voice carrier business

Client feedback

“Excellent work, quick to respond, very good support.” – Financial services regulatory

Joanna Bonnelly

“Joanna is an excellent lawyer with deep knowledge of the law and DR's system. She is always available. She’s a good negotiator.”

Cáceres Torres

Cáceres Torres is an active transactional firm. Recent work includes lender-side advice on financings in the life science, insurance and automotive sectors. 

Client feedback 

“Strengths include the very personalised service, the quick response and the fact that the firm is very professional and ethical.” – Real estate  

DMK Lawyers

DMK Abogados is known for its work in the real estate and tourism sectors and counts hotels among its clients. It has worked on the buy and sellside of M&A deals over the research period.   

Recent Deal Data highlights

•                      Punta Cana water and sewer system PPP


In the research period ECIJA has advised clients on converting loans from parent companies into equity, and advised borrowers and lenders on loan transactions. The firm also saw some work on the buy-side in the M&A space.

Recent Deal Data highlights

•                      Inversiones Zahen $450 million loan conversion

•                      KKR £6 billion acquisition of Unilever's spreads business

Jiménez Cruz Peña

Jiménez Cruz Peña has been advising lenders and borrowers in the financing of energy projects this research period. Other deals included advising lenders on acquisition finance and working for buyers and joint venture parties on acquisitions or combinations in the hotel space. Most acquisitions reported this research period involved advice to buyers.

Recent Deal Data highlights

•                      Guanillo 50MW wind farm

•                      I Squared Capital $1.2 billion acquisition of IC Power's Latin American and Caribbean businesses

•                      Monte Plata 64MW photovoltaic power plant

Squire Patton Boggs Peña Prieto Gamundi

Squire Patton Boggs Peña Prieto Gamundi reports significant work in the banking and finance space this research period.

The firm advised lenders and borrowers on deals in the energy, technology and manufacturing sectors. The firm also saw significant buy and sell-side M&A work but the details are confidential.