Identity Devices for Operation in Expanded Markets

thumbprintIn order for extralegal citizens and enterprises to operate beyond the confines of the family and neighborhood circles and incorporate themselves into the national and then the global economy, it is imperative that property rights and business organizations are structured in such a way that said citizens are provided with the mechanisms required to obtain identity in the expanded market, allowing them to:

  • Generate a complete database through registration of their enterprises, real property, other assets and contracts;
  • Present financial statements under official accounting standards;
  • Obtain credit from the financial system;
  • Be responsible for their obligations through the clear establishment of their rights to the enterprise assets;
  • Demand –and be demanded to have– rights and obligations that might be executed through the courts and other legally recognized conflict resolution system;
  • Be subject to clear and predictable labor, tax and social benefits and obligations;
  • Protect their trading names and the trademarks of their products and services;
  • Import and export;
  • Advertise without fear of detection;
  • Contract insurance to cover operational risks;
  • Issue and trade freely bonds, shares and other capital market instruments.


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