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Old 01-20-2009, 12:44 AM
rubio_higuey rubio_higuey is offline
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Join Date: Feb 2007
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The new laws:

http://www.suprema.gov.do/pdf/leyes/2008/Ley_479-08.pdf

First, There is a new entity called SRL Sociedad de Responsabilidad Limitada. It has a minimal capital of RD$100,000

The money has to be deposited into a bank and blocked until the bank receives the information the company is entered into Registro Mercantil. Up to now, you could create a company with "virtual money"
Minimum two partners, maximum 50.

Second, SA Sociedad Anonima will have a minimal capital of 30,000,000 pesos (yes, THIRTY MILLION). Minimum two shareholders.
Much more complicated process to create the company. For example, Comisario has to be a certified public accountant.
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