This work focuses on the use of a gem-dithiolato-bridged rhodium(I) [Rh 2 (μ-S 2 CBn 2 )(cod) 2 ] complex (cod = 1,5-cyclooctadiene, Bn 2 CS 2 2 = 1,3-diphenyl-2,2-dithiolatopropane) dissolved in toluene in the presence of monodentate phosphite P-donor ligand (P(OPh) 3 ) under carbon monoxide/hydrogen (1:1, syngas) atmosphere as an effective catalyst for hydroformylation of some olefins (oxo-reactions). The capability of this system to catalyze the hydroformylation of hex-1-ene, cyclohexene, 2,3-dimethyl-but-1-ene and 2-methyl-pent-2-ene and their quaternary mixture (synthetic naphtha) has been demonstrated. This innovative method to perform the in situ hydroformylation of the olefins present in naphthas to oxygenated products would be a promissory work for a future industrial catalytic process applicable to gasoline improving based on oxo-reactions. An important observation is that variation of CO/H 2 pressure (6.8 34.0 atm), temperature (60 80 ºC), reaction time (2 10 h), rhodium concentration ((1.0 1.8)x10-3 mol/L) affect hydroformylation reaction rates. Optimal conversion to oxygenated products were achieved under [Rh] = 1.8 x10 -2 mol/L, P(CO/H 2 ) = 34 atm (CO/H 2 = 1:1) at 80 ºC for 10 h.