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 administrators or managers are in charge of managing the corporate business and they will represent the entity, except when the law or the company by laws establish the representation powers to any of them or through any other method of representation for acting before third parties.

The designation and ceasing of duties of the administrators, managers or representatives of a business entity will only be binding to third parties, after the corporate minutes that approved the decision is duly registered in the Business Register within the thirty (30) days that follow the adoption of the decision.


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