cost of corporation

W

wayne

Member
Dec 25, 2003
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I need to know the cost of a corporation in the DR. Any help will be appreciated. Thanks
 
E

Escott

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Jan 14, 2002
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WOW they really saw you coming. My one experience with the highest priced attorney on the North Coast I paid 1200 for a corp. Before and after it cost only 1000 US.

Try emailing this person for a quote and I will bet it will be less than 1k US. A friend just went to her for permanent residency and it only cost 600US which I thought was cheap! She is a attorney with a Doctorate from France which surprised me.

dollycabrera@hotmail.com

Speaks wonderful English and is a very pleasant woman.

Escott
 
J

Jimmydr

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Apr 17, 2003
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Escott said:
WOW they really saw you coming. My one experience with the highest priced attorney on the North Coast I paid 1200 for a corp. Before and after it cost only 1000 US.

Try emailing this person for a quote and I will bet it will be less than 1k US. A friend just went to her for permanent residency and it only cost 600US which I thought was cheap! She is a attorney with a Doctorate from France which surprised me.

dollycabrera@hotmail.com

Speaks wonderful English and is a very pleasant woman.

Escott
Click to expand...

For both a corp and permanet residency?
 
E

Escott

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Jan 14, 2002
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Jimmydr said:
For both a corp and permanet residency?
Click to expand...
She charged 600 for the residency Jimmy but I would bet that since that is 60% of what I paid and I thought I got a decent deal at the time that she would be less on a corp. That is why I said to email her.

Regards,
Scott
 
J

Jimmydr

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Apr 17, 2003
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Escott said:
She charged 600 for the residency Jimmy but I would bet that since that is 60% of what I paid and I thought I got a decent deal at the time that she would be less on a corp. That is why I said to email her.

Regards,
Scott
Click to expand...


I will contact her in May when I return.

Thanks
 
F

Fabio J. Guzman

DR1 Expert
Jan 1, 2002
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Incorporation costs vary according to capitalization.

A corporation capitalized at RD$100,000 pesos (approx. $3400 US) is usually quoted in the $1000 to $1500 range by large law firms.

A corporation capitalized at RD$10,000,000 pesos (approx. $340,000 US) is usually quoted in the $10,000 to $12,000 range, of which more than $7000 are expenses.

Before deciding on the amount of capitalization, the client should consult with his tax attorney and/or CPA.

Finally, the incorporation process is much more complicated in the DR than in the US.
 
R

Riu

New member
Jun 11, 2004
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Fabio J. Guzman said:
Incorporation costs vary according to capitalization.

A corporation capitalized at RD$100,000 pesos (approx. $3400 US) is usually quoted in the $1000 to $1500 range by large law firms.

A corporation capitalized at RD$10,000,000 pesos (approx. $340,000 US) is usually quoted in the $10,000 to $12,000 range, of which more than $7000 are expenses.

Before deciding on the amount of capitalization, the client should consult with his tax attorney and/or CPA.

Finally, the incorporation process is much more complicated in the DR than in the US.
Click to expand...

Even for the $100.000 capitalization, isn't that a little too expensive still? 2 to 3 times more expensive than U.S.
 
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