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Why is TICO making a distinction between head offices and branch offices for new applications for registration?

April 26, 2017applications branch Head Offices registration tico

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Why is TICO making a distinction between head offices and branch offices for new applications for registration?

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TICO is making a new branch office registration less expensive as TICO has already done some of the administrative work when registering the head office. The new application for registration fee for a retail or wholesale branch office is $750 compared to $2,750 for a head office.