Small Business Reading Room

Thursday, October 01, 2009

OFAC Amends the Cuban Assets Control Regulations

Say what?! How is this info related to business?

In a nutshell- it's opportunity.

Here's why...

The Department of the Treasury's Office of Foreign Assets Control (OFAC) has amended the Cuban Assets Control Regulations to implement President Obama's initiative of April 13, 2009 to ease the rules/restrictions in several major areas: family visits, family remittances, telecommunications, agricultural and medical devices.

These changes will authorize transactions that are necessary for establishing facilities to provide telecommunications services linking the United States and Cuba, including fiber-optic cable and satellite facilities. Travel transactions for the commercial export of telecommunications-related items and participation in telecommunications-related professional meetings are also authorized.

The changes will also ease the rules on travel-related transactions that are directly incident to the commercial marketing, sales negotiation, accompanied delivery or servicing in Cuba of agricultural commodities, medicine, or medical devices that appear consistent with the Department of Commerce's export or reexport licensing policy.

After decades of U.S. travel and trade restrictions against Cuba, this sure seems like an opportunity to me. The penalties for non-compliance with OFAC sanctions are pretty stiff, so make sure you read the TG-273 Fact Sheet on this topic before you make your business plan!


30 Minute Service is now offered by Delaware Division of Corporations

The customer service oriented Division of Corporations is one of the things that makes doing business in Delaware so great...

Effective October 1, 2009, the Division of Corporations will begin to offer a new service. A processing time frame of only 30 minutes is now available for most filings. If you are interested in this service, you must contact an online registered agent to submit the filing. Other terms and conditions also apply.

We'll be happy to assist you with this, or any other of your Delaware filing needs. Contact Delaware Intercorp, Inc. if you'd like further information!


Monday, September 28, 2009

Delaware Intercorp, Inc. Company BBQ

Delaware Intercorp, Inc. held its company BBQ on September 19th. This year, our own President, Larry D. Sullivan, opened up his lovely yard and fired up the smoker while the rest of the staff provided a combination of potluck sides and desserts.

The employees, their friends, and their families had the opportunity to mix and mingle while enjoying the outdoor activities, plenty of food, and some music in the background. Did I mention it was a truly beautiful day to be outside?

Bottom line, all of the guests had a wonderful time. We have a great group of employees here and it was nice to get out of the office for a day to relax together.

Thanks to Susan, our newest team member, for her planning and organization!

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Delaware Intercorp, Inc.
113 Barksdale Professional center
Newark, DE 19711-3258

"For all the best reasons to incorporate,the best place
is Delaware and the best incorporator is
Delaware Intercorp!"

Call Monday - Friday 09:00 (am) - 17:00 (pm) Eastern Time (GMT-05:00)

Toll Free - USA only - 888.324.1817
International: (1) 302.266.9367
FAX: 302.266.9940