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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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