Incorporating in DR

IPCInteractive

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May 20, 2004
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Hello, We have a corporate entity in the US and would like to setup a DR office. Do we need to worry about cedula or not ?
 

GringoCArlos

Retired Ussername
Jan 9, 2002
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A cedula is for an individual.

You need to get an "RNC" for a company - this is equivalent to a Tax I.D. # in the US. This is issued through the DGII, and they have a website (in Spanish). Also, you will need to use an atorney to do this the easy way, and they will do everyhting you need to operate legally in the DR.

Suerte.
 

Cyber Park

New member
Jan 2, 2002
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mywebpage.netscape.com
INcorporation

Legally you can work with your US corporation locally. but you will find it faster and better to incorporate locally.
The process for a RD$100,000 capital is easy, takes about 15-20 days to deliver, including by-laws, registration, taxes, tax payer- number (RNC).
you dont have to have a cedula.
but you must provide at least 7 shareholders (your corporation can hold 994/1000 shares and six other with one RD$100 share each.
prices very according to the law firm.

can help you in the process.

gabriel
ONE Marketing Team
809 4404100 g_h_yon@hotmail.com
 

Cyber Park

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Jan 2, 2002
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modesto

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May 18, 2004
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IPCInteractive said:
Hello, We have a corporate entity in the US and would like to setup a DR office. Do we need to worry about cedula or not ?

YO DONT NEED THE CEDULA ALL YOU NEED IS PROOF OF YOUR IDENTITY AND PROOF OF YOUR CORPORATE ENTITY HERE IN US. THATS ALL.