Le 2013-04-06 13:53, John Crisp a écrit :
Couple of reasons, first being that this was what was proposed and
generally agreed by all the major contributors at the beginning of the
year - please read the mailing list archives.
It was agreed that we needed first to have an 'Inc' to make us
look more professional (and protect the rights to SME if we choose), and
then be able to use that to try and drive raising funds.
No money, no honey. If we don't raise at least SOME funds, then SME goes
nowhere.
On an entirely practical basis, an 'Inc' might not do that much. Having
one can't hurt. BUT. Having an 'Inc' does a couple of things
psychologically.
should also discuss where to "incorporate" and is a corporation the best
solution.
I am use to work both in France and Canada. In Canada where the system
is close to the US, incorportation is the only way. Then you have to
obtain the status of non profite corporation . You have to deal with tax
declaration.
In France with a different status you can avoid the mandatory tax
declaration ( within certain conditions ) with a specific status called
"association loi 1901".
In Canada incorporation means 25% of board should be canadian or resident.
I do not know what's about the US on this point.
In France with such a status all administrators could be foreigners.
Maybe there is similar opportunity let's say in Germany , Italy or any
where else.
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