There is a legal requirement for Dominican corporations to hold an annual general shareholder meeting within 120 days of the end of the fiscal year.
Among the items of business to be addressed at the annual shareholder meeting are votes for approval of the annual accounts (including income or loss) reported for the previous fiscal year; decisions regarding management of the administrative body (board of directors); and the distributions of dividends.
Read a 2018 report [PDF 129 KB] prepared by the KPMG member firm in the Dominican Republic
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