Jimnez Cruz Peña provides wide ranging expertise of the highest standards in the area of general corporate and commercial matters in the Dominican Republic. Our attorneys have handled large-scale, sophisticated transactions like the consolidation of the largest company in the telecommunications sector and the consequential re-structuring of the other local companies in said sector.
Among some of our primary services in the area are the following: incorporation of commercial entities in the Dominican Republic; counseling in the acquisition of off-shore companies under the jurisdiction requested by the client; dissolution and liquidation of corporations; purchase and sale of shares and/or corporate assets; and local and cross-border mergers, acquisitions, and spin-offs.
The practice of mergers and acquisitions of businesses in the Dominican Republic is a relatively new trend, which was successfully introduced to the market by Jimñnez Cruz Peña. The firm has acted as local counsel for global organizations in the cross-border mergers, acquisitions, and spin-offs of businesses in various industries, such as that of hospitality, pharmaceutical, and manufacturing. In such a role, the attorneys at the firm have been required to participate in negotiations in foreign venues involving transactions relating to corporate branches/subsidiaries based in the Dominican Republic.
Attorneys at Jiménez Cruz Peña participated in one of the largest corporate transactions in Dominican history in which the Dominican State acquired a regulated company, a transaction valued at approximately US$360,000,000.
The firm also boasts a corporate maintenance service for its clients. It consists of ensuring that all of the firm's clients remain compliant with their duties and obligations under local commercial and tax laws as an organization legally doing business in the Dominican Republic. This requires assisting clients in maintaining as current all corresponding registrations.
Jiménez Cruz Peña has the ability to design simple and complex structures for the holding of shares and all forms of agreements among shareholders.
