Dominican Republic corporate restructuring law | KPMG | GLOBAL

Dominican Republic: New law allows for corporate restructuring, liquidation

Corporate restructuring in Dominican Republic

The legislature passed a law that concerns the restructuring and liquidation of entities and merchants, and is scheduled to be effective 7 February 2017. The intention behind this new law is to revise the corporate rules in the Dominican Republic—rules that previously did not allow for corporate restructurings without putting an immediate end to business operations.


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Accordingly, the new law allows a debtor to restructure its business and continue with its operations. The law also provides a legal framework for cross-border restructuring and insolvency proceedings.


Read a January 2016 report (English) [PDF 445 KB] and (Spanish) [PDF 225 KB] prepared by the KPMG member firm in the Dominican Republic: Fiscal Flash

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