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Re: [atlarge-discuss] I PROPOSE TONGA



On Fri, 21 Feb 2003 17:14:42 +1300, Joop Teernstra
<terastra@terabytz.co.nz> wrote:

>At 03:16 p.m. 21/02/2003,  Joe Baptista  wrote:
>
>>so Joop is there a country you have in mind which meets the one-time fee
>>provision?
>
>Yes. The never colonized Kingdom of Tonga. The King has a preference for 
>Commonwealth-type laws.
>But if the fees are low enough and the requirements reasonable and simple, 
>I have no problems with Canada  either.
>
>For me the one-time fee makes it  worth considering, because we don't run 
>the risk that we are un-incorporated  when we go through another no-quorum 
>crisis and there is no-one in charge of paying the fees and going after the 
>paperwork.
>
>Five incorporators have to sign the document.

This is incorrect.  You need 15 natural persons.  You only need five
members if they are corporate members.

DPF
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E-mail: david@farrar.com
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