A:
1 Answer
rank
1
|
Yes. A permit from the Government of Cuba is property in which the Government of Cuba has an interest. Therefore, a license from OFAC is necessary prior to obtaining the permit, even if no funds are changing hands at this point in the process. Many U.S. companies provide permitting and payment services on behalf of their clients. If such a facilitator holds an OFAC license to obtain the permits and make the payments to the Government of Cuba, there is no need for each individual client to obtain a separate OFAC authorization.
more
|
Related Videos
Add your answer...
Top Answerers
1.
2.
3.
Top Askers
1.
2.
3.
Top Supporters
1.
2.
3.
Is a license required to enter into an over flight permit agreement with the Cuban Civil Air Authority, even if there is no cost?
Related Questions
- Yes, unless local supplier qualifies for a Local Council Product Sourcing Agreement. If the incentives ...
- A no cost loan is created by using lender rebates to offset all non-recurring closing costs. To obtain the ...
- The intranet is a TCP/IP network inside of a company (or household), that links internal information together ...
- No. While we encourage you to participate in the electronic filing program (or use 2-D bar codes), volunteer ...
- Currently we do not offer any co-advertising opportunities. Our business model is designed such that the ...