Apr 02, 2013 6:48 AM

You do not HAVE an incorporated business. There is no joinder, because the CORPORATION is in fact a PERSON.

You can own CONTROLLING (voting) shares but you never own the corporation. It's up to the CORPORATION to protect the name, not you.

Ok, but if that corporation's shareholders are not interested in submitting tax forms and/or gst, does that corporation name need to be under a trust?

Or just not register the name?

The SHAREHOLDERS are just beneficiaries. Their taxes are their own business, and NOTHING to do with CORPORATE taxes.

So when they come down on you, you just hand them the business license and say, "Here's your guy"... and they shut your doors down and your out of a job-ish...?

If they come to YOU, YOU are just a SHAREHOLDER of the corporation. That corporation JUST HAPPENS to have liened the shit out of your NAME. THEREFORE "Beverly May Braaksma" is PROPERTY held IN TRUST.

:D gotcha!

Nothing alive can answer to them for anything...

Since the corporation (with the shareholder's consent) OWNS "Beverly May Braaksma", then you must maintain/give value to, that name, and the corporation looks after the "asset". You need never engage in commerce again.

So has Beverly May Braaksma found out how much BEVERLY MAY BRAAKSMA is worth...? ;)

Well if they can come in and apparently "auction" some PERSON's home if they haven't paid their property taxes, can they not take away the corporation's assets? Or they need someone to back that up as another PERSON?

Derek... I actually have my own business...

I would totally let you know if I'd figured that out...

Currently renovating some PERSON's house... and shit

"You need never engage in commerce again."- what does this mean exactly, Scott..Beverly would then go back to BARTERING ? :/

No, Beverly never engages in commerce again, the company does...

But yah, Scott, so you register (joinder) then engage in commerce with that PERSON... and they can't take it all away?

I don't really barter...

So, the $2 coffee i bought with legal tender today..i was engaging in commerce. If i had as someone has mentioned to me before a, 'dummy-corporation,' and i keep the reciept, then i didnt spend the $2 for that coffee..the dummy-corporation did? :/

Put it on a credit card and accept the payment offer... its a consumer expense anyways

Sorry Scott

*psssst* Beverly..somebody was telling me recently on how to fill-out a bill-'note-in-lieu-of-payment'-remittance properly recently, it includes getting a STAMP made for the back of it referencing the sections of the Bills of Exchange Act you want to convey to them in a message- and to the Bank of Canada, ta'boot! ;)

If I seem a little fearful, I am working on a deal with a Vancouver supplier and don't want to let them down in the next couple of years...

Ha, yah Derek, that would be an easier way to get the point across...

I accepted everything and suddenly... silence...

..this PERSON also pointed out to me that, the BANK OF CANADA is the only organization in Canada that is capable of creating MONEY, which, is exactly the definition of what a NEGOTIABLE INSTRUMENT is in the Financial Administration Act

Either Scott is actually sleeping..or you've just frustrated him that he hasnt got to bang you yet ;)

Gawd... Yah I know this about the Bank of Canada...

they are the foreign money importers...

Scott might be sleeping or making me figure it out on my own... (likely)... but I am concerned to conglomerate with this other company if I should somehow let them down...

Conglomerate legal definition: A corporation operating in several different and unrelated enterprises, such as the movie industry, baking, and oil refining.

A conglomerate merger is one that brings together two firms with totally different product lines, economic relationships, and functions. Such a merger may violate antitrust acts inasmuch as it may have an adverse effect on competition.

if one has an incorporated business, to protect that name, and a much needed BN number (for import purposes), : I THINK the best would be to establish ANOTHER corporation ..... ??...the ACTUAL corporation you have shares can be easely be put in the trust....but the NAME should be lien by ANOTHER corporation that will be held in the same trust.....I THINK....

Very nice info in here... https://www.youtube.com/watch?v=Mh_5exFDPHU&list=PLF-RakV5SlVGYkfYCZs4hiEBMZJz3dilO

So when one "applies" for a corporation, say to "BRITISH COLUMBIA" is the "applicant" now the "grantor" or "settlor". Is the grantor/settlor not liable to joinder now, say for filing, or for for appointing an Executor, or Trustees to File for the corp. This post is thru Cara by boy toy.

No. The GRANTOR'S job is FINISHED.

Your parents and the Government were the GRANTORS of the name on YOUR birth certificate. They are no longer parties with standing. A PERSON is responsible for their OWN debts.

..this happened when we reached the Age-of-Majority? :/

or as soon as I APPLY for a SIN....?

But I tought the PERSON is talking about is a CORPORATION.....so that has nothing to do

so i am the benificary ? are all corporate bodies trustees in this matter ?

Bobby De Sludds: Which matter are you referring to?

Scott - " Since the corporation (with the shareholder's consent) OWNS "Beverly May Braaksma", then you must maintain/give value to, that name, and the corporation looks after the "asset". You need never engage in commerce again."

How would one give value to the NAME once it's held in trust? Would that be determined by the TRUSTS t's & c's?

Like the government's determinations at present?

"The term corporation comes from the Latin corpus, which means body. A corporation is a body--it is a legal person in the eyes of the law. It can bring lawsuits, can buy and sell property, contract, be taxed, and even commit crimes. It's most notable feature: a corporation protects its owners from personal liability for corporate debts and obligations--within limits."

...and it takes 5 minutes to create one.

"Remember, aside from tax reasons, the most common motivation for incurring the cost of setting up a corporation is the recognition that the shareholder is not legally liable for the actions of the corporation. This is because the corporation has its own separate existence wholly apart from those who run it"

(May as well start from scratch with regards to what a corporation even is etc...)

Liening the NAME means the CORPORATION is presumed to have the value, not the name. The name OWES the corporation, so the name is responsible for the DEBT to the corporation, and nothing else. That's all the name DOES anymore...owe the corporation.

I don't think there's been a lien thread yet... Maybe a commercial liens for dummies post could be put up? :p

You may be onto something.

yes would LOVE a lien thread

pleeeeeeeeeeease

How does one create a corporation in 5 minutes? I'd also appreciate a lien thread. :)

So starting from scratch...

I apply to Incorporate a business. I and a friend, for instance, are the appointed shareholders. We outline that the business is one that supplies entertainment for events. "GOOD TIMES INC"

We appoint ourselves as directors and appoint a talented young chap as a performer and agent of the corporation...

We prepare our articles of incorporation and send them off. We then receive the certificate of incorporation.

The name "GOOD TIMES INC" is now a PERSON in law.

As possessor of the person EAMONN O BRIEN I then give it to "GOOD TIMES INC" for dispositioning/transferring ownership. "GOOD TIMES INC" then lien that PERSON and place it in a TRUST within the corporation...

Am I understanding it so far? :p

Lets say this SAME CORPORATION decide to invest in REAL ESTATE, and it happen to buy the NAME’S house, than, the NAME decide to LEND the $$ to the corporation to buy this HOUSE, can the NAME also lien the CORPORATION for that loan ???....of course all the accounting is done properly and the books match perfectly….and then the corporation RENT the house to the NAME….the way I see it, the HOUSE would now be IN TRUST —???? Now, the CORPORATION have a lien on the NAME, and the NAME have a lien on the corporation”

Definitely could do with a lien thread :P One with colour by number pictures and smiley faces...

if one has already applied for a corp but it was labelled a ltd. can one simply correct the label or would one have to apply for new corp correctly (inc.) then lien the ltd. corp?

No.

no to both. so then what?

pay to have corp dissolved?

Ltd and Inc are the same

i was told ltd means limited because it is limited.

The ONLY thing "limited" is liability to the shareholders.

They asked me "would you like to be Inc or Ltd?" They are the same.

http://www.corporationcentre.ca/docen/home.asp

As far as the Inc company is concerned, the stockholders, directors and officers are not questionable for the debts and other obligations of the company. Ltd companies do not have these same rules.

Read more: Difference Between Inc and Ltd | Difference Between | Inc vs Ltd http://www.differencebetween.net/business/difference-between-inc-and-ltd/#ixzz2QpsL7zQ2

yes that is what i was told so does that not mean the shareholders can be held liable?

i noticed your's is inc scott. I "assumed" that was not by accident

also "liars" LOVE to "help" people set up corporations but almost always make them "limited". I also thought that wasn't "by accident"

Registering a NAME just separates liability... so when your candy store fails and you haven't paid your suppliers, they cannot take the shareholder's homes... or BMW's

Took me 20 minutes last time I did established a Corporation with corporationcenter.ca , and as EVERYONE knows, I'm not THE brain of this place :D

o.k. but when dealing with other liabilities (taxes, fees, statute infractions or other gov't issues) do the same rules apply to the shareholders?

If a dumb ass french smart dude can do it....no one can do it :D

No is my understanding on that one Cara

well there has been a lot of "lying" on the "liars" part then

If you own shares in Micro$oft, are you liable for what Micro$oft does, Cara?

Sales taxes can be an issue with ADMINISTRATORS

You get decieved because you rely on BELIEF

no

Which is why all that should be handled by an ACCOUNTANT.

What living representative dictates what microsoft does though? The Directors? What if as shareholder you appoint yourself director also... Are you "in the shit" then if corporate law is broken?

So, Cara, why would you as a shareholder be liable for the corporation's actions?

Eamonn, SHAREHOLDER and DIRECTOR are completely different roles in the trust that is the Corporate person.

I am a SHAREHOLDER in Roguesupport Inc., but I am also the ACTING VICE PRESIDENT.

When Bill Gate$ was CEO of Micro$oft, do you really think he wasn't a FUCKING SHAREHOLDER?

Why do all you people eat up lies, when the obvious is staring you in the face?

Ignorancy should/may/must be the answer

Obviously he was... I'm not eating lies I'm starting from scratch here... I didn't know the first thing about incorporating until an hour ago...

As shareholder one can appoint themselves as acting Director/President...

But Scott does that make sens ????....It does for me but ...you know :D Lets say this SAME CORPORATION decide to invest in REAL ESTATE, and it happen to buy the NAME’S house, than, the NAME decide to LEND the $$ to the corporation to buy this HOUSE, can the NAME also lien the CORPORATION for that loan ???....of course all the accounting is done properly and the books match perfectly….and then the corporation RENT the house to the NAME….the way I see it, the HOUSE would now be IN TRUST —???? Now, the CORPORATION have a lien on the NAME, and the NAME have a lien on the corporation”

i understand not as a shareholder can you be held liable but as the applicant can you is really what I am asking.

The name of the APPLICANT is your PERSON that is given to the corporation once it is established and liened in the TRUST... I think... :p

You can't be liable ....unless you are fuking around with sales taxes...

No, the applicant is the Grantor, and then his job is finished

whats an APPLICANT ???....never been trough this term when I established corporations....

You had to register it, no?

so no joinder is established thru applying?

You have Shareholders, Administtrators, CEO, President, secretaire tresorier.....its not an APPLICATION for a job

Scott said, GRANTOR

You're applying for the certificate of incorporation Joseph

You are registering a name

I'm not FOLLOWING you ????.....you go on the website, you ESTABLISH the corporation....thats it....

Just as your name was registered

you don't register anything....you ESTABLISH a corporation....

you FORM a corporation

You DON'T apply....

ONLY jobs need to be APPLY for

It dosen't matter WHO form the corporation....it could be my WIFE doing it....whats matter is WHO ARE the shareholders and WHO ARE the administrators....

I am the CEO of SFC Inc, I'm also the Administrator of SFC Inc....I have NO SHARES in SFC Inc

I have 100% of the shares of 9175-XXXX Quebec Inc, who happen to have 50% of the shares of SFC Inc

I NEVER applied for ANYTHING....these had been formed or established....thats it

go to corporationcenter.ca, get your credit card ready and in 20 minutes you will be done....I know Scott could do it in 10, but I take 20.... :D

You don't Apply for a corporation, you REGISTER it. The GOVERNMENT is the one ENDORSING (and is therefore surety) the registration (Perfecting). Liability is not even a factor in this exchange.

Been reading the appropriate forms for company registration in Ireland... The "presenter" is the one who submits the forms on behalf of the individual who is registering the company's name...

Is Business name registration required before incorporation?

You register a Business Name as a corporation

just the post i was looking for....:)

http://sbinfocanada.about.com/od/incorporation/g/incorporation.htm

Then, each year you re-register that name, its simple

At the bottom of the forms I've been looking at it requires name of "declarant" (person filing the forms) and their signature... Is this the Grantor?

Yup

looks like the name of declarant to me :/

Sounds like the same form as a Live Birth Record... no?

Ok... At what point are the shareholders named?

when you decide it...

Birth Cert - Article of Inc. (Although the PERSON is not a corp)

I believe that does not need to be submitted. Each year they will only ask if the shareholders has changed (anyone added)

Similar procedure though

oh no...not this BC again...!!!! :D

No, but its all done with Registry

Are the shareholders private?

It might ask on the registry forms who the shareholders are...

I don't remember, but when I re-registered they asked if there were any changes regarding shareholders

There are Company INC, Company LTD and COMPANY REGISTERED......I hope you guys are checking COMPANY INC.

They are asking every year Beverly May Braaksma, with $75

Here it was about $50... otherwise someone else can take the name...

if you don't re-register

thank you everyone

so to clarify, you would qualify your signature as Grantor, all rights reserved?

qualifying a signature ????.....first time I ear something like that :/

When you're signing the end of the registration form you sign it and print your NAME as the individual or grantor... Once the certificate of incorporation is delivered the grantor's job is done... The corporation/ new PERSON looks after itself...

ear...cute

might as well leave the h out if you don't pronounce it, right pierre?

yep....we do not pronounce these H in french.....except for preparation H.....nothing else...

like when your passin the dubie... "ear"

hein ????

say "here" when your holding your breath...

you're

your english is getting better! lol

My English is PERFECT (in my hhhhead)

you're right!!

You should come here more often to share your toughts David Gyurkovics, I think they're full of sens.... :D

the "funny" thing is i come here everyday!!! i'm just not qualified to say too much ;)

to me, its like Hockey, if you Watch it from the stands, you'll NEVER be qualified to play it....you have to jump on the ice...no choice....but, I may be wrong, I just say this from my personal expériences....

I forgot the ;)

i think you are right again!!! :)

twice in 10 minutes.... :D

the beauty in this group is if you get too stupid, you get muzzled....same as in the hockey rink... :) I experimented both... :)

yes, i know you have experience

Like all other humans....I guess.. :/

This man seems to have lots of experience !!!! http://www.youtube.com/watch?feature=player_embedded&v=yWUB4MCLsHg#!

The video doesn't exist.

It's gone, indeed :/

Oh look! Neens Jean has found a zombie thread, and is like-raping all my posts :D

That I am! Some great reading material. I have been reading and studying all of your comments and threads for a few months now.

These threads might need to be bumped to the top for newbies. They make me see how ignorant I have been all my life.

*Bump

^^^THIS is all you need

Ahhh. Thank you, David-Paul Sip.

I have been using the "search" and looking for "keywords."

The fact that you can get that crappy "search" feature to return ANYTHING useful is a small miracle :P

I still watch in silence every WORD that comes from this group. Some very powerful knowledge is shared and I have learned a small fraction and know I need more daily. It's like a thirst that cannot be quenched.

I search "articles of incorporation" and "charter" and some great knowledge pulls up. However, I have learned rather quickly to skip right over Derek Moran's comments ?

That DOES save a lot of headaches.

You, Scott Duncan, have changed my life. I am not quite sure how all the puzzle pieces fit together, but I am searching hard for those missing pieces. I cannot ever say in words how grateful I am for what you have given all of us in this group. And may I add that PeteDaoust, you are an inspiration in what you have accomplished with the knowledge Scott pointed out to you. I so wish that my oldest son would and could see how you VOIDED that order by the unauthorized user of your account.

Putting the pieces together is the first step.

Then you are qualified to be mad, because you know WHO to be mad at, and why. However that's just the foundation. Pete Daoust is taking the first step, and ASKING QUESTIONS, as is his RIGHT.

The most important thing is to SHOW OTHERS

That's the HARDEST part. No one wants to listen to truth. They only have illogical sense and pre-conceived thoughts and refuse even to look at the truth let alone try to see it.

That's why you have to ACT, I don't even need to talk now, all the stuff I've done speaks for itself :)

No one was listening to me 3 years ago :D

And now, I don't even need to talk to them :P

That's why I might get shot soon..... :D

?

That would be a stupid move though, it's too late now :/

Chris Evan, if I had never met you on Anna's page calling her a FRAUD, I would still be struggling to find a way to get my son released from prison. THANK YOU and Scott for this.

Also: #ScottIsAlwaysRight

Yes you are and I have seen it so many times since I met Chris Evan! So in my most humble of voices may I just say, #ScottIsAlwaysRight

I cannot wait to see where your knowledge takes my son, Gee Randall. He made his first Bitcoin purchase this week, and within the week he had already made his value back. He is pretty excited.

It was an EXCHANGE, not a fucking PURCHASE :P

My MISTAKE. Please let this serve as NOTICE and forgive me please as I learn another whole new language. :/

Ok.....don't do the "women bullshit cry baby" thing on me :D

I absolutely love that I make people's lives better, while I strive to collapse the banking system and start a war.

I have such violent and hostile intent, and I do so much good while attaining that lofty goal! :D

Your life is better because I want to hurt people. I know right? Irony :D

HAHAHAHAHAHA!!!! :D

I'm not crying, Pete, only laughing at myself!

Fuck me! :D

Hey, QUATLOOSERS, what say you? :D

Where are they? ....why not making fun of little peter anymore on their slaves website? :/

' "women bullshit cry baby" thing on me': You make me smile.

I know I did.... :D

You must get bombarded with this, often :D

Not as much as you'd think. Most of the comments come from me :D

To date 12 people have died because I intended it. If I intend to kill you, I do it both LEGALLY and LAWFULLY. ALWAYS.

I have the same "Arts" degree that they do.

...except I am also a scientist with THE ANSWER TO EVERYTHING.

I like my odds. I intend to increase my body count.

I like it when lawyers die from stress related illness. I'm ALWAYS the cause of the stress in question. :D

Crazy talk!! :D

Yes. Just "crazy talk". Pay me no mind!

:D

Franki Rule, where the fuck are you? :)

Where's Beverly Berta Braakschmack by the way? :D

Good question. :/ Maybe following Winston Shrout. Or Brandon Alexander.

or Boris! Hahahahaha

What ever happened to that guy?

Did he eat a DA?

Maybe she bought the blue package.

*District Attorney

I hear it's quantumly awesome. :D

Lol :D

Here now!! :D

Hellos? :D

Beeeeevvvvvvvveeeeerrrrrrrrllllly!!!!!

From the "I don't know where the igloos in Ontario are vs the igloos in Quebec" department, one time Beverly called me to visit if she was close. She was in New Jersey. She thought it was a 30 minute drive or something. :D

I've had people on Yonge Street ask me for directions to Winnipeg. I just tell them to "stay on this road and keep driving" (Which is correct directions, BTW) :D