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03-17-2009, 01:19 PM
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Gold
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Join Date: Jul 2004
Posts: 4,493
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Quote:
Originally Posted by Fabio J. Guzman
Finally, any DR1 member wishing to receive our legal news alerts on a regular basis may send an e-mail with News Alert in the Subject and their first and last names in the body of the message to info@drlawyer.com |
I strongly recomment these alerts.
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03-19-2009, 10:14 AM
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Silver
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Join Date: Nov 2002
Posts: 308
(69)
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If I want to set up a new SLR, should I wait for the June changes, or start now and do the conversation later?
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03-19-2009, 10:50 AM
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Silver
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Join Date: Apr 2006
Posts: 117
(54)
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Quote:
Originally Posted by socuban
If I want to set up a new SLR, should I wait for the June changes, or start now and do the conversation later?
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You cannot incorporate new SRL's until June 19th, which is when the new law enters into force.
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03-22-2009, 01:54 PM
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Silver
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Join Date: Nov 2002
Posts: 308
(69)
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Quote:
Originally Posted by Alfredo Guzman
You cannot incorporate new SRL's until June 19th, which is when the new law enters into force.
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If I want to set up a new company, should I wait for the June changes, or start now and do the conversation later?
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03-22-2009, 02:18 PM
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Gold
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Join Date: Feb 2007
Posts: 2,225
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Good question.
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03-25-2009, 08:11 PM
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Silver
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Join Date: Jul 2004
Posts: 106
(30)
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Directly for Mr. Guzman
So what is involved to convert the S.A. to a S.R.L.
Does the S.R.L. afford the same benifits to own property.
The S.A. that owns the house that I live in was formed only for that purpose, as per advice gleaned from Mr. Guzman.
It states that the S.R.L. must poses RD$100,000.00, well the S.A. that owns this house either expends nor create income, thusly does not have a bank account.
Is there any way to not have the bank account?
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03-27-2009, 10:21 AM
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DR1 Expert
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Join Date: Jan 2002
Posts: 1,574
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So what is involved to convert the S.A. to a S.R.L.?
A four-step procedure that I will be detailing later on this board.
Does the S.R.L. afford the same benefits to own property?
Yes
It states that the S.R.L. must poses RD$100,000.00, well the S.A. that owns this house neither expends nor create income, thusly does not have a bank account.
It must have RD$100,000 in capital, not necessarily in cash in a bank. If the capital of the S.A. that is to be converted into a S.R.L. is RD$100,000 or more, there is no need to provide funds for the conversion.
Is there any way to not have the bank account?
See answer above.
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03-27-2009, 11:43 AM
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Silver
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Join Date: Jul 2004
Posts: 106
(30)
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Thank You
So this statement in the first post is incorrect?
• RD$100,000 minimum capital (full amount must be paid up and deposited in a bank in order to be able to record company at Business Registry).
We await your detailing this later, but hopefully sooner.
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03-27-2009, 11:07 PM
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Bronze
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Join Date: Jun 2008
Posts: 5
(10)
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The deposit in a bank is request for create the company, no for transformation.
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03-28-2009, 12:45 AM
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Gold
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Join Date: Feb 2006
Posts: 3,188
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careful buddies,
that's the difference.
if you set it up new(of course after june 19th) you need 100.000.-, doesn't need to be a cash on the bank, just as capital.
for the transformation of a existing S.A. which been done for 100.000.- or more no additional capital/cash aso is needed.
Mike
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