DR Foreign Branch Registration

Dominican Branch registration may be possible for foreign companies interested in doing business in the Dominican Republic (DR). To begin the process, qualified legal counsel is required for evaluating the company incorporation documents, drafting, preparing and filing the required corporate documents for branch registration and requesting, responding, following up and obtaining a Taxpayer Identification Number […]

Dominican Joint Ventures

Dominican Republic joint ventures are recognized by Law as business entities which are contractual in nature and called “joint participation” entities. They are considered as business entities as long as their purpose and scope of activities are commercial in nature. These entities are incorporated through a contract by which two or more persons who have […]

DR Individual Limited Company

The Dominican Individual Limited Liability Company or EIRL belongs to an individual and is an entity provided with its own legal personality, with capacity to be owner of rights and obligations, which form an independent and separate patrimony from all the other assets of the individual owner of such enterprise. It may conduct all types […]

Dominican Company Incorporation

Dominican Company Incorporation main steps are the following: Search before the Dominican Trademark Office, draft and file the request of registration to obtain a company trade name. Draft by-laws, minutes of the incorporation meeting and related incorporation documents. These may be drafted as private documents or as a notary public act for signing by the […]

DR Insolvency & Restructuring

On January 3th of 2017, The Judicial Branch Council (CPJ acronym in Spanish) of the Dominican Republic issued an Act which establishes the halls for the liquidation and restructuring courts for companies and individuals traders. The First Hall of the Civil and Commercial Chamber of First Instances of the National District and second Hall of […]

Dominican Branch Registration

Dominican Branch may be registered by foreign companies interested in doing business in the Dominican Republic (DR). Under Dominican law, a registered foreign company branch office can enter into contracts and execute and settle transactions in its own name, and can sue and be sued at its place of business. In order to successfully complete […]

Corporate Maintenance Services

Dominican corporate maintenance services to meet legal requirements is essential for every registered company in Dominican Republic. Companies must file for their business register within the following month after their incorporation, and the same should be renewed every two years. On the other hand, changes of domicile or other which may give rise to a […]

Corporate Law Overview

Business entities performing commercial activities in the Dominican Republic are governed by Dominican Law 479-08 of Commercial Entities and Individual Limited Liability Enterprises, enacted on December of 2008 as well as by inter party agreements, commercial practices and common law. The Law will consider that there is a commercial entity whenever two or more individuals […]

DR Company Mergers and Spin Offs

Under Dominican Republic Law 479-08 of Commercial Entities and Individual Limited Liability Enterprises provides that one or more business entities may by way of merger transfer their assets to an existing entity or to a newly incorporated entity. In relation to Dominican Republic company spin offs, Dominican Law No. 479-08 states that business entities may […]

DR Limited Liability Company

The Dominican Limited Liability Company or Sociedad de Responsabilidad Limitada (S.R.L.)┬áis the most common and efficient form of organizing a company in the Dominican Republic. The main characteristics of the Dominican Limited Liability Company are: The company must have at least two (2) partners. Each partner must have at least one share or quota. The […]