incorporation and liability

mikey007

Bronze
Aug 19, 2005
531
12
0
if u form a corporation or association in dr does this limit your liability like the LLc in the states. also if u fatherd a child with a dominican national can they sue u thru a real estate holding and it was incorporated
 

Fabio J. Guzman

DR1 Expert
Jan 1, 2002
2,359
252
83
www.drlawyer.com
A dominican corporation does limit your liability like a LLC in the US. However, if the corporation was formed with the intention to defraud a creditor, there are ways to pierce the corporate veil.