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Dominican Republic Eliminates Minimum Capital Requirement for LLCs

09 April 2019

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Approved Changes

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Dominican Rep

On 29 March 2019, the Dominican Republic announced that President Danilo Medina has promulgated (enacted) Law 68-19, which amends Article 91 of the General Law of Commercial Companies and Individual Limited Liability Companies. The amendment eliminates the minimum capital requirement for the incorporation of limited liability companies, which was DOP 100,000.