Dominican Republic Lawyer
If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.

Go Back   DR1 Dominican Republic Forums > Forums > Legal
Register Blogs FAQ Search Today's Posts Mark Forums Read Chat Room [2]

Reply
 
LinkBack Thread Tools Search this Thread
  #1  
Old 03-17-2009, 04:08 PM
Bronze
 
Join Date: Feb 2008
Posts: 38
mambodog Level 1 (12)
Default Asociaciones Sin Fines de Lucro

Can anyone please advise me about the practical regular obligations of non-profit companies (Asociaciones Sin Fin De Lucro) - for example the need to submit annual reports and accounts to Government and the form they should take, the dates of the accounting year for which such reports and accounts should be made etc etc?

I have a copy of the relevant laws (in Spanish) but this is long - 73 pages I think - and long-winded. It is difficult to isolate the relevant information or know whether this provides sufficient practical information.

I am asking this question on behalf of a small charity which supports the education of poor local children and which is currently registering as an Asociacion Sin Fin de Lucro.

It needs to devote all the money it raises to its primary purpose of helping poor children and avoid as far as possible expensive recurrent annual professional fees to lawyers and accountants.

How much of the formal reporting obligations can members of the charity (who include someone with an accountancy background in another country) expect to be able to provide without expensive professional help?

Any information, advice, or offers of help, will be gratefully received.
Reply With Quote
  #2  
Old 03-17-2009, 05:49 PM
Bronze
 
Join Date: Feb 2008
Posts: 38
mambodog Level 1 (12)
Default Asociaciones Sin Fines De Lucro

Sorry, in my initial email I should have said that, if anyone has a copy of the relevant laws in English, this would be very helpful. It will help the charity identify the practicalities it needs to address.
Reply With Quote
Reply

Bookmarks

Tags
non-profit companies , sin fines de lucro

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


The contents of this webpage are copyright © 1996-2008.  DR1. All Rights Reserved.

Powered by vBulletin® Version 3.8.3
Copyright ©2000 - 2009, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO