OrbitaxOrbitax

Dominican Republic Eliminates Minimum Capital Requirement for LLCs

|Approved Changes|Dominican Rep
Dominican Rep

On 29 March 2019, the Dominican Republic announced that President Danilo Medina has promulgated (enacted) Law 68-19, which amends Article 91 of the General Law of Commercial Companies and Individual Limited Liability Companies. The amendment eliminates the minimum capital requirement for the incorporation of limited liability companies, which was DOP 100,000.

Continue reading with a Pro Subscription

Unlock full Orbitax Tax News content, including a historical database of tax news, alerts, and analysis from our network of tax experts, all tailored to your company footprint. Now includes Orbitax XatBot AI Tax Assistant.

Free trial available. Cancel anytime. Free Orbitax account required.

Already a Pro or Pro+ subscriber? Sign in to Orbitax to continue reading.