New business

Jan · #1 02-12-2003, 11:49 AM

Where do I go to get a tax number and the things needed to open a business? American Chamber of Commerence maybe? Anyone know any good accountant in Colonial Zone area that can speak English? Just looking into what I willl need so I'll be ready if all works out for the bar...bed and breakfast thing.

Pib · #2 02-12-2003, 12:01 PM

Easy: GET A LAWYER.

I never thought I'd say that

hansbert · #3 02-12-2003, 12:06 PM

The best thing for you to do is to form a stocks company in which you maybe the major shareholder. Your personal unlimited liability in such a case will not exist. Your company will be registered with the tax authorities and given a tax registration number. Just choose a trustworthy lawyer (e.g. one of the associates of Mr. Guzman) to have the company incorporated.

Jan · #4 02-12-2003, 12:54 PM

Do you off hand is it expensive to get all the paperwork done? Mas o menos...Ball park figure to incorporate. Buut when you incorporate you need 7 shareholders, correct?

Chris · #5 02-12-2003, 01:03 PM

Jan - just went through this process. I echo Pip - get a lawyer. I'll send you a pm or e-mail to tell you how much it cost us..

Jan · #6 02-12-2003, 01:12 PM

Thanks Chris. All info is helpful. Just trying to find whats all involved.

Escott · #7 02-12-2003, 01:49 PM

Just get into business and figure out the BS after. I wouldnt worry about all these things until you are operational. Just get insurance first.

How was your weekend in POP my little love bunny?

Jan · #8 02-12-2003, 01:56 PM

Just want to know what may be involved. Have to be prepared.
And Jazz...you didn't get a report on the visit yet? Had a good relaxing time. Our mutual friend is a very nice human. Thanks

Robert · #9 02-12-2003, 02:04 PM

Go see a lawyer, yes it will cost, but that's the investment you have to make if you want to run a real business. I hear a tax id (RNC) is taking about 60-90 to be processed. Without this you cannot "legally" do business etc etc. The government needs money, the tax department are getting very aggressive at collecting

The days of flouting the system are fast slipping away...

chrisxy · #10 03-06-2003, 10:54 PM

If you get a real lawyer and know how to ask him right he will happily provide you with an already established company, with tax id, just from the shelf. You pay a little more but wait less. The name of the company mostly doesn't matter, so just grab one almarioxy123, S.A. and go ahead, do your asemblea extraordinaria, transfer the shares, pay taxes, and there you go, established company, tax ID, everything set and redy to go ahead.

Drop me a pm if you like, and i should be surprised if Sr. Fabio hasen't got any "unused" companies somewhere in his bookshelf, lots of people are getting they'r company done and afterwards they do not use it at all and are more than happy to give it away at cost

I hope i didn't step on anybodys toes

have fun all of you

Christian
(i figured there is an other chris around here....)