<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN">
<html>
<head>
<meta content="text/html;charset=windows-1252"
http-equiv="Content-Type">
<title></title>
</head>
<body bgcolor="#ffffff" text="#000000">
I dunno the minimum capital and bank accounts minimum differ from bank
to bank, BPI is 10k, but I can handle that. The only problem for me is
getting enough signatures and officers. So we have 5 incorporators, who
wants to be President, the reason I ask is because all these details
are required before I enter any data into the SEC forms, its their only
requirements. We need atleast to pick a President and
Secretary/Treasurer.<br>
<br>
Eugene Alvin Villar wrote:
<blockquote
cite="mid:a07a5a700907271721w726161dbj9b7d3059b22b6014@mail.gmail.com"
type="cite">Hi Andre,<br>
<br>
The incorporators themselves don't have to shell out much, but doesn't
the SEC require that the non-profit have a capital of at least 5k? And
to provide proof, a bank statement is needed and the minimum to open a
corporate bank account is 20-25k?<br>
<br>
Eugene<br>
<br>
<br>
<div class="gmail_quote">On Tue, Jul 28, 2009 at 12:26 AM, Andre
Marcelo-Tanner <span dir="ltr"><<a moz-do-not-send="true"
href="mailto:andre@enthropia.com">andre@enthropia.com</a>></span>
wrote:<br>
<blockquote class="gmail_quote"
style="border-left: 1px solid rgb(204, 204, 204); margin: 0pt 0pt 0pt 0.8ex; padding-left: 1ex;">
<div bgcolor="#ffffff" text="#000000">Shell out? Nothing aside from
the cost of acquiring your TIN, and maybe
your Community Tax Certificate (~PHP5) and Notarization fee of wherever
you get notarized (here its PHP100)
<div>
<div class="h5"><br>
<br>
Marloue Pidor wrote:
<blockquote type="cite">Andre, I had second thoughts. How much
would each
incorporators shell out?<br>
<br>
murlwe<br>
<br>
<-----Original Message-----> <br>
>From: Andre Marcelo-Tanner [<a moz-do-not-send="true"
href="mailto:andre@enthropia.com" target="_blank">andre@enthropia.com</a>]<br>
>Sent: 7/27/2009 10:33:56 PM<br>
>To: <a moz-do-not-send="true" href="mailto:seav80@gmail.com"
target="_blank">seav80@gmail.com</a><br>
>Cc: <a moz-do-not-send="true"
href="mailto:talk-ph@openstreetmap.org" target="_blank">talk-ph@openstreetmap.org</a><br>
>Subject: Re: [talk-ph] Draft "MoA" between the OSM-F and any<br>
>possiblelocalchapter<br>
><br>
>ok thats 5 then, is Murlwe in Davao atm? ok i have to look into the
logistics of<br>
>having incorporators abroad and not all in the same place.<br>
><br>
>Eugene Alvin Villar wrote: <br>
>Ronny volunteered to be one of the incorporators before:<br>
><a moz-do-not-send="true"
href="http://lists.openstreetmap.org/pipermail/talk-ph/2009-May/000901.html"
target="_blank">http://lists.openstreetmap.org/pipermail/talk-ph/2009-May/000901.html</a><br>
><br>
><br>
>On Mon, Jul 27, 2009 at 7:07 PM, Andre Marcelo-Tanner
<a moz-do-not-send="true" href="mailto:andre@enthropia.com"
target="_blank"><andre@enthropia.com></a> wrote:<br>
><br>
>no responses yet, need 1 more, 4 cannot make a company, need 5 <span>
<p><font style="font-size: 13.5px;"
face="Arial, Helvetica, sans-serif" size="2">_______________________________________________________________<br>
Get the Free email that has everyone talking at <a
moz-do-not-send="true" href="http://www.mail2world.com" target="_blank">http://www.mail2world.com</a><br>
<font color="#999999">Unlimited Email Storage – POP3 – Calendar –
SMS
– Translator – Much More!</font></font></p>
</span></blockquote>
</div>
</div>
</div>
<br>
_______________________________________________<br>
talk-ph mailing list<br>
<a moz-do-not-send="true" href="mailto:talk-ph@openstreetmap.org">talk-ph@openstreetmap.org</a><br>
<a moz-do-not-send="true"
href="http://lists.openstreetmap.org/listinfo/talk-ph" target="_blank">http://lists.openstreetmap.org/listinfo/talk-ph</a><br>
<br>
</blockquote>
</div>
<br>
<br clear="all">
<br>
-- <br>
<a moz-do-not-send="true" href="http://vaes9.codedgraphic.com">http://vaes9.codedgraphic.com</a><br>
</blockquote>
</body>
</html>