It is the system that allows you to register the individuals or legal entities that perform acts of commerce, modify and renew the books, acts and documents related to the industrial, commercial and service activities performed by them; there is a Commercial Registry for each Chamber of Commerce and Production that is located in a province.
This instrument avoids seven (7) transfers, three (3) forms, four (4) payments in different offices, visits to four (4) different administrative units and at least twenty (20) working days to obtain the final answer.
After this, you must verify your chosen trade name (subject to review by the National Office of Intellectual Property -ONAPI-) www.onapi.gov.do which must be in the name selection page in the chamber’s system.
It means that your file contains an observation by the Commercial Registry, which must be corrected within 90 days from the day the payment of the corresponding service was made; after corrected it must be deposited again, having the delivery term corresponding to the type of service requested.
The custodian has to provide to the financial institution in writing that the bearer shares will not be released or the beneficial owner will not be changed without prior consent of the financial institution.
and this custodian has to provide to the financial institution in writing that the bearer shares will not be released or the beneficial owner will not be changed without prior consent of the financial institution.
shall be subject to the terms of this Agreement and the specific terms and disclosures set forth in the Rate and Fee Schedule for each Account which is hereby incorporated by reference.
The General Assembly of Shareholders is the highest governing body of the entity and is composed of the shareholders registered in the Shareholders’ Registry Book, gathered in accordance with the provisions of the Bylaws and the Law.
The Bank will only recognize as owner whoever appears registered in the aforementioned book, under the terms and conditions indicated therein. Our shares are currently dematerialized and deposited in the Colombian Central Securities Depository Deceval S.A. for their administration and custody. Learn here the rights and obligations of the Shareholders.
*The equity records of the dividend with an increase in the nominal value of the share decreed at the General Shareholders’ Meeting, will be made on April 22, 2021. This type of dividend does not generate cash payments to the investor.
In the case of an increase in subscribed and paid-in capital by regulations for the issuance and placement of shares, the statutory auditor’s certificate must be submitted within the month following the expiration of the term for subscribing the shares.
For increases of subscribed capital, the taxable base is the value of the increase of the subscribed capital, that is, the difference between the subscribed capital that is registered in the chamber of commerce, and the new value reported in the document, at a rate of 0.3%.