cost of corporation

[wayne]

I need to know the cost of a corporation in the DR. Any help will be appreciated. Thanks

[Island Treats]

Originally Posted by wayne

I need to know the cost of a corporation in the DR. Any help will be appreciated. Thanks

Buying an existing corporation ran in the neighborhood of $2500 USD.

[Jimmydr]

Originally Posted by Island Treats

Buying an existing corporation ran in the neighborhood of $2500 USD.

What about starting up a new one.

[Escott]

WOW they really saw you coming. My one experience with the highest priced attorney on the North Coast I paid 1200 for a corp. Before and after it cost only 1000 US.

Try emailing this person for a quote and I will bet it will be less than 1k US. A friend just went to her for permanent residency and it only cost 600US which I thought was cheap! She is a attorney with a Doctorate from France which surprised me.

dollycabrera@hotmail.com

Speaks wonderful English and is a very pleasant woman.

Escott

[Jimmydr]

Originally Posted by Escott

WOW they really saw you coming. My one experience with the highest priced attorney on the North Coast I paid 1200 for a corp. Before and after it cost only 1000 US.

Try emailing this person for a quote and I will bet it will be less than 1k US. A friend just went to her for permanent residency and it only cost 600US which I thought was cheap! She is a attorney with a Doctorate from France which surprised me.

dollycabrera@hotmail.com

Speaks wonderful English and is a very pleasant woman.

Escott

For both a corp and permanet residency?

[Escott]

Originally Posted by Jimmydr

For both a corp and permanet residency?

She charged 600 for the residency Jimmy but I would bet that since that is 60% of what I paid and I thought I got a decent deal at the time that she would be less on a corp. That is why I said to email her.

Regards,
Scott

[Jimmydr]

Originally Posted by Escott

She charged 600 for the residency Jimmy but I would bet that since that is 60% of what I paid and I thought I got a decent deal at the time that she would be less on a corp. That is why I said to email her.

Regards,
Scott

I will contact her in May when I return.

Thanks

[Escott]

Originally Posted by Jimmydr

I will contact her in May when I return.

Thanks

Why wait, you can get your answer via email now.

That will cost you -0-

[Jimmydr]

Originally Posted by Escott

Why wait, you can get your answer via email now.

That will cost you -0-

Because I have no acess to one now.

[Fabio J. Guzman]

Incorporation costs vary according to capitalization.

A corporation capitalized at RD$100,000 pesos (approx. $3400 US) is usually quoted in the $1000 to $1500 range by large law firms.

A corporation capitalized at RD$10,000,000 pesos (approx. $340,000 US) is usually quoted in the $10,000 to $12,000 range, of which more than $7000 are expenses.

Before deciding on the amount of capitalization, the client should consult with his tax attorney and/or CPA.

Finally, the incorporation process is much more complicated in the DR than in the US.