As in most countries, the Dominican government requires a Surety of some sort, either a Cash Bond or am Insurance policy in he amount of the bond, to be placed before a final authorization to do business is approved.
Can anyone tell me if the Dominican government accepts an insurance policy in place of the required Cash??
I have asked my attorney, but he is young and hasn't been around the business world that much. All the applications, paperwork, etc. has been a learning experience for him. My frustration has been mitigated by that fact and he has done a reasonably good job. Just a little slow is all. He has had to learn and so have I.
Thanks
Texas Bill
Can anyone tell me if the Dominican government accepts an insurance policy in place of the required Cash??
I have asked my attorney, but he is young and hasn't been around the business world that much. All the applications, paperwork, etc. has been a learning experience for him. My frustration has been mitigated by that fact and he has done a reasonably good job. Just a little slow is all. He has had to learn and so have I.
Thanks
Texas Bill