Hello.
I have just read the new Commercial societies law, Ley 479-08, and according to it, all Sociedades Anonimas, must have a minimum of 30 million pesos of authorized capital. Considering that the majority of the Dominican companies do not meet this rule, and the law says that everyone has to comply the law in 180days, what are the possible changes for an S.A. comply with the law? I understand that increasing the capital to 30 millions is an option, however I think that a great number of companies will not be capable of doing it.
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