[Fabio J. Guzman]

You should never do this yourself unless you have some idea of how a Dominican company works and get the proper template for the bylaws. Even reputable law firms neglect to fit the bylaws to the needs of company owners.

For example, it makes no sense to have a board of directors or a "Consejo de Administración" if just one person controls the corporation. You should have in that case a President-Administrator able to do whatever needs to be done (sell, open bank accounts, etc.) without a board meeting and unnecessary signatures. Another example, if you have two 50-50 partners, you should draft the bylaws so that they deal will a possible deadlock.

You should also make sure, among other things, to fill out the stock certificates correctly and know how to transfer shares and such.