[JDEV] Incorporation Issues (was: Resolution of Licence

Scott Robinson quad at jabber.org
Tue Oct 12 19:47:53 CDT 1999


#jabber on OpenProjects. (irc.openprojects.net)

Scott.

* David Waite translated into ASCII [Tue, Oct 12, 1999 at 05:50:58PM -0400][<NDBBJOHKDKJHABFLLNHACEMDCBAA.mass at ufl.edu>]
> #jabber on what net? efnet, slashnet..
> 
> We should just get a way to subscribe to groups in the jabber client ;-)
> 
> -David Waite
> > -----Original Message-----
> > From: jdev-admin at jabber.org [mailto:jdev-admin at jabber.org]On Behalf Of
> > temas at box5.net
> > Sent: Tuesday, October 12, 1999 4:54 PM
> > To: jdev at jabber.org
> > Subject: Re:Re: [JDEV] Incorporation Issues (was: Resolution of Licence
> >
> >
> > As your both saying it varies state to state, but there are other
> > costs and time requirements involved in the process.  I'm
> > currently in the process of incorporating, and I will say that it
> > would take away a lot Jer's time where he should be coding to
> > have to deal with this type or move.  Non profit takes even more
> > jumps and leaps to get done (I'm possibly doing this too).  An
> > average corporation startup will be just under $1000.  That value
> > works for pretty much whatever state your in.  If your lucky and
> > can get some of the lawyer work for free or cheap you can
> > possibly get it for less.  But just saying your going to
> > incorporate isn't enough, you have to look at the different types
> > of corporations (S and P is it?) and the ramifications of both.
> > Non-profit is definately the way to go, but again, it's a long
> > process, and if it's started now, I would say just let it slowly
> > happen, it'll take a bit of time.
> >
> > --Thomas "temas" Muldowney
> >    (I'm tired, I know that paragraph is repetitive, sorry)
> >
> > P.S. - You people should come in #jabber more and talk about some
> > of this... semi real time chat is a lot better
> >
> > >
> > > The cost varies state to state.  And you can choose to
> > incorporate in any
> > > state regardless of physical location.  Typically, however, the
> > largest fee
> > > is goes to the lawyer who creates the articles of
> > incorporation.  There are
> > > now several hundred service bureaus that take care of it for as
> > little as
> > > $25.  Usually, the cost is
> > >
> > >
> > > lawer/service bureau + state fee = Total
> > >
> > >
> > > That is for a standard corporation.
> > >
> > >
> > > But I figure that well want to go as a non-profit corporation.
> > And I think
> > > we may have some issues with ownership of the corporation, board of
> > > directors, etc.  It may be worth talking to a lawyer as opposed
> > to trying to
> > > do it ourselves or having a discount service bureau do it.
> > >
> > >
> > > -k
> > >
> > >
> > >
> > >
> > >
> > >
> > >
> > >
> > > > It shouldn't cost $300 to Incorporate.
> > > >
> > > > In Michigan it's only $65
> > > >
> > > > - Robert
> > > >
> > > > ----- Original Message -----
> > > > From: Eliot Landrum <eliot at landrum.cx>
> > > > To: <jdev at jabber.org>
> > > > Sent: Tuesday, October 12, 1999 2:45 PM
> > > > Subject: [JDEV] Incorporation Issues (was: Resolution of
> > Licence issues..)
> > > >
> > > >
> > > >>
> > > >> Hey folks!
> > > >>
> > > >> I've had some experience with the details of incorporating
> > and such since
> > > > my
> > > >> Dad is a CPA (certified public accountant).. I have
> > personally researched
> > > > a lot of
> > > >> this before.
> > > >>
> > > >> The cheapest and easiest way for this to be temporarily
> > resolved is if Jer
> > > > goes
> > > >> down to his county courthouse and pays $10 to get a Doing Business As
> > > > (DBA)
> > > >> license. We can then move from there to incorporatating as a
> > non-profit
> > > > entity. For
> > > >> a for-profit entity, it costs $300 to incorporate - I am not
> > sure about
> > > >> non-profit ones. I can look that up if need be. It would be
> > in our best
> > > > interest to do
> > > >> move in this direction.
> > > >>
> > > >> --
> > > >> Eliot Landrum
> > > >> eliot at landrum.cx
> > > >>
> > > >> Public OpenPGP Key
> > > >> http://landrum.cx/~eliot/publickey.txt
> > > >>
> > > >>
> > > >> _______________________________________________
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> > > >> http://mailman.jabber.org/listinfo/jdev
> > > >
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