The FASE (Employee Solidarity Assistance Fund) program is part of the Government’s recently announced financial aid package. As part of this program, the Government has agreed to cover up to RD$8,500 per employee in companies who have had difficulties to maintain their operations. Businesses interested in applying for the FASE financial aid to cover part of their payroll obligations must follow the following steps starting April 2nd :

1) Fill the company’s contact information on the Ministry of Treasury’s website with the following information:

• Company’s tax ID and name.
• Name, ID, telephone number and position of the company’s contact person.

2) Complete the application form that could be downloaded from the Treasury’s website with the following information:

• Company’s tax ID, name and number of employees.
• ID, name and payroll account number of the employees who will benefit from FASE (must be under their names) and routing number of the banks, if the accounts are not in Banco de Reservas. Also, specify the bank where the payroll is located and the bank account’s type.
• Send the completed application form to the Ministry of Treasury’s FASE email address.