Dominican simplified corporation or SAS

The Dominican SAS or Simplified Corporation may be incorporated among two or more persons, who are only liable for the amount of their respective share contributions and which will have legal personality. To its corporate name the words “Sociedad Anónima Simplificada” or S.A.S. shall be included. The by-laws will establish the amount of the authorized […]

DR Company Management

Dominican Republic Companies may be represented by one or more representatives, whether compensated or not, who do not have to be partners. The representatives may delegate part or all of their duties, if the by-laws so allow, but are liable to the company for the actions of the persons to whom they delegate those. The […]

Dominican Corporation SA

The Dominican corporation or Sociedad Anonima- SA is a business entity that exists among two or more persons under a corporate name and is composed exclusively by shareholders whose responsibility for the losses is limited to their contributions. Its capital is represented by negotiable titles called shares, who must be entirely subscribed and paid prior […]

DR Entry International Classification (10th)

On August ninth (9th) of 2012 the National Office of Industrial Property (ONAPI) of the Dominican Republic issued the Resolution RD-116/2012 through which it informs the public of the Entering in Force of the Niza International Classification Tenth Edition. In this regard, Resolution RD-116/2012 establishes, among other items, the following: First: the mandatory use of […]

Dominican E- Commerce Law Customs Procedures

Resolution 025-11 of May 26th of 2011 approving the Norm for the Application of the Electronic Commerce Law 126-02 to Dominican Customs Procedures, establishes the following provisions: Scope. The Resolution 025-11 regulates the use of digital documents and data messages and the issuing in the customs procedures established un the Law in relation to the […]