[SteveS]

As this law is only a week or so old I don't know how many people even have experience of this yet. Anyhow...


Went to visit our Lawyer this morning (who is constituting our latest company), and obviously due to the timing we waited to go down the SRL route.

However, our issue is, under the new law, we are required to deposit RD$x in the bank in favor of the company, but the bank won't let us deposit anything without the RNC.... which we don't get until the company is constituted...........which they won't do without the deposit........

Is someone wrong in this process, is the bank wrong about not taking the deposit without the RNC?

Has the lawyer missed a trick somewhere in something they should have done?

Or is this correct, and another fine example of great planning in the DR...!!!


Lawyer informed me today (after I'd provided further certified bank documents with the amounts deposited in personal names), that she's off to argue it further again with them, to try and talk some common sense into them about this issue.

Help!