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Advantages of Incorporation (Copied from official handbook)

本文发表在 rolia.net 枫下论坛Advantages of Incorporation

As the corporation is a separate legal entity distinct from its members and has the capacity to own property, to sue and be sued, it affords limited liability protection to its members. This means that individual members are not personally liable in certain instances, for the corporation's debts and obligations.

The corporation is not affected by changes in its members, be it due to death or any other reason. Therefore, it is easier to enter into a number of transactions in the name of the corporation such as, banking, owning real estate or signing a lease or contract.

A majority of the members of the corporation have the power to bind the others by their acts.



Disadvantages of Incorporation

As the corporation is a creature of statute, it is subject to some supervision by the Government of Ontario and it must conduct its affairs in accordance with the applicable statutes. For example, the constitution or by-laws of the corporation, the election of directors and the calling of meetings of members are all governed by the Corporations Act. In addition, a corporation is required to report certain information on a regular basis to certain departments of the Government. Failure to comply with reporting or disclosure requirements could render the corporation and its directors and officers liable to certain penalties, the ultimate penalty being the cancellation of the charter and dissolution of the corporation.更多精彩文章及讨论,请光临枫下论坛 rolia.net
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  • 枫下拾英 / 心情随笔 / A Beautiful Place in Dreamland
    • :) what is the purpose to let rolia become a NPO?
      • Advantages of Incorporation (Copied from official handbook)
        本文发表在 rolia.net 枫下论坛Advantages of Incorporation

        As the corporation is a separate legal entity distinct from its members and has the capacity to own property, to sue and be sued, it affords limited liability protection to its members. This means that individual members are not personally liable in certain instances, for the corporation's debts and obligations.

        The corporation is not affected by changes in its members, be it due to death or any other reason. Therefore, it is easier to enter into a number of transactions in the name of the corporation such as, banking, owning real estate or signing a lease or contract.

        A majority of the members of the corporation have the power to bind the others by their acts.



        Disadvantages of Incorporation

        As the corporation is a creature of statute, it is subject to some supervision by the Government of Ontario and it must conduct its affairs in accordance with the applicable statutes. For example, the constitution or by-laws of the corporation, the election of directors and the calling of meetings of members are all governed by the Corporations Act. In addition, a corporation is required to report certain information on a regular basis to certain departments of the Government. Failure to comply with reporting or disclosure requirements could render the corporation and its directors and officers liable to certain penalties, the ultimate penalty being the cancellation of the charter and dissolution of the corporation.更多精彩文章及讨论,请光临枫下论坛 rolia.net
      • faint, 刚要回贴,你就删了,闪了我一下。//大概是今年新年前后Sailor开始考虑这个问题的吧,不过当时我不在多伦多,所以他的心路历程还要问他。
        目前阶段而言最大的好处是可以更方便的组织各种活动,以及租场地,比如Community Centry可以为非盈利组织提供免费场地。

        另外一个初衷是,Rolia作为一个平台存在,如果谁有什么想法要做些事情,但凭个人力量比较难实现的,可以借助这样的空间来完成。
        • that's great.
    • 很8错,鼓励鼓励!
    • 恭喜, 恭喜, 终于领证了, 这事挺好的, 早该办了. :))
    • Congrats!
    • then?组织一次大型钓鱼活动?
    • GXGX!
    • 祝贺暂时旧瓶旧酒的新店开张!那个不是俺的理解,而是俺的发音,嘿嘿,你对俺的口音有"区别对待"的嫌疑 ;-E
      • actually , you 发音 helps me to remember NPO :) funny.
    • ROLIA从此走入现实。可喜可贺。(这么重要的文件,标题起的不好,我以为是你的私人梦游记录呢,开始时没打算看。建议站长改一下,并且放在页首)
      • hehe,俺也以为是bingle的私人梦游记录呢,一开始没好意思看。:P
    • 它只是传说中的一个美丽的地方。mamma mia! so beautiful tale!!!   
    • 传说是不现实的。
      被实现的传说叫传奇。

      :D:D:D
    • 我喜欢这样的官方说法。:) 想想就美丽的遥不可及呢。不过,越遥不可及就越美丽。:)
    • 祝贺!花篮一只,彩色条幅若干。
    • Very good!
    • 漫漫长征刚刚起步,首先表达一下对SAILOR,BINGLE等劳苦功高的老一辈开拓者的崇高敬意. 在这个历史性的可喜可贺的时刻,啊,
      俺斗胆泼点冷水先... :D

      既然SAILOR义无反顾地贡献出自己家后院,那么成立了NPO后,就会有组织纲领(CONSTITUE),也会有会员.

      再召开会员大会,从会员里选出BOARD,可以竟选,也可以先指定,如果符合组织纲领要求的话,包括主席,副主席,财务主管,BOARD MEMBER AT LARGE等.此名单要交上级组织备案.然后会定期开会讨论,还得定期向会员交代财务.

      根据组织纲领,再定期会从新选举新的BOARD,如果某个BOARD MEMBER作了坏事,会员可以投诉.

      慢慢地,ROLIA就将不再是SAILOR的后院.也许有一天,当SAILOR或别的某些老臣被新一批会员们赶出他们呕心沥血创立的大院,那时, ROLIA就真的成熟了,熟得翅膀硬了,熟得鸭子会飞了.

      也许会有阵痛和辛酸,但这些不正是SAILOR所期望看到的吗?.....

      哈哈,都有点不忍心往下写了. 还是再道一声辛苦吧. :D
      • 好残酷。
      • 精彩。呵呵,rolia的存在和兴旺证明温柔的独裁还是很有魅力的,某些斑竹的独断专行大家也都能泰然接受。成了NPO,rolia是继续实行家族式方式,还是成为一个开放式的会员选举式的组织,俺等着看热闹。 :-DD
      • haha, 革命革到自己头上,有点痛哦。
    • SO NICE!!! Congratulatinos!! emmmmmmmm, Beautiful Place in Dreamland...
    • 好事情啊!!!
    • Positive explanation: Rolia-Canadian Shangri-La. Negative explanation: Rolia-Remind of Lonely Intelligent Association
    • ^
    • Congratulations!!! wow... a beautiful place in dreamland.....
    • ^_^
    • 恭喜!恭喜! 这下可以甩开膀子大干一场了. 先弄个保险的Group Insurence, 相当年CPAC就靠这一条搞大的.
      • 再搞这招就不灵了。还是干点别的。
      • 要搞大?定下来啦?
    • 好哇,要不要搞一个庆祝大会。像potluck一样,不过大家在网上聚餐。每人搞个小菜,大家随便看随便吃,对好菜,想看几眼就几眼,想吃几口就几口,爽!
    • 感谢Rolia ,感谢Sailor , 感谢bingle 和bingle的文章, 感谢Pingle ,感谢David_Diao .........感谢所有的Volunteer ,最后感谢Rolia Cultural Association ,这个Beautiful Place in Dreamland 。
    • finally...er?:)))))