04/07/2009

General law on business associations

In an effort to reform the corporate law in the Dominican Republic, a new law was enacted on 11 December 2008, the General Law on Business Associations and Limited Liability Proprietorships, number 479-08 (“Law 479-08” or the “Law”), as an urgent need for driving Dominican corporate practices within a global economy ever more open and competitive.

JCP has created a document outlining the most salient features of this new law. Download PDF

You may also be interested in the document Code of Commerce vs. Law 479-08 - Notes for Corporate Adjustment or Transformation into L.L.C. (pdf)

You may also be interested in the document Salient features of business associations and limited liability proprietorships - summary table (pdf)

Highlights

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