Richard Schilling <[EMAIL PROTECTED]> wrote:
I see. That is fine. Let it be incorporated everywhere. IF everyone things it
must be incorporated first in the US, let it be so. Who is going to do this I
wonder?
NandA
OSHCA will need to be incorporated in every country it has a presence.
It's a question of where you start, really. The origin of incorporation
also affects how that company can behave when operating overseas.
Richard
David Forslund wrote:
> This is good. As I read about Malaysian law, it is also appears
> necessary that if OHSCA exists in Malaysia that it
> must be incorporated in Malaysia. This may be true in other countries,
> so I would guess then that
> OHSCA would need to be incorporated in multiple countries. Am I
> understanding correctly?
> I'm not suspicious about other countries' law; rather trying to
> understand the issues, requirements, reasons, and advantages.
> Sometimes people make decisions without understanding the reality of the
> choices.
>
> -Dave
> Tim.Churches wrote:
>
>>David Forslund wrote:
>>
>>>There may be legal protection, etc in Malaysia.
>>
>>Not may be, there definitely is. As Molly said, Malaysian law was
>>originally based on British law - it is now distinct from it, but rest
>>assured that there is rule of civil law in Malaysia. There is also
>>corruption and political influence over the courts, but I would not like
>>to have to say whether there is more or less such corruption in Malaysia
>>than in the US or other countries. However, for a tiny, nascent
>>organisation like OSHCA, none of this is relevant. Suffice to say that
>>Malaysian corporate law should be more than adequate for OSHCA's
>>purposes. That's correct, isn't it Molly?
>>
>>
>>> We are more familiar
>>>with the situation in the US.
>>
>>Well, yes. I am more familiar with Australian law. But that doesn't mean
>>that I regard the legal regimes in every other country with suspicion.
>>
>>
>>>It is more of a question of comparing what is required and what you can
>>>do with a corporation
>>>in Malaysia than in the US. The decision shouldn't be made on political
>>>grounds but on technical grounds,
>>>in my opinion.
>>
>>Given what OSHCA hopes to achieve - things like engaging with
>>UN-sponsored initiatives such as WSIS and perhaps with national and
>>international development agencies - I think that incorporation in
>>Malaysia (or some other "non-aligned" developing or transitional
>>country) is a *much* more sound choice, from a political perspective,
>>than incorporation in the US (or other G8 or other rich nations, but
>>particularly the US, particularly at the moment).
>>
>>Tim C
>>
>>
>>>Molly Cheah wrote:
>>> > I was born in Malaysia and lived through the period where we obtained
>>> > independance from the British and from whom our legal framework was
>>> > adopted. Just wondering what are the concerns of Richard and David on
>>> > the legal protection for OSHCA. Can you elaborate rather than make a
>>> > comment that imply there isn't legal protection. Incidently we don't
>>> > have the equivalence of Guantanano Bay in Malaysia.
>>> > Molly
>>> > Joseph Dal Molin wrote:
>>> >
>>> > >Legal protection in the context of an organization like OSHCA is
>>
>>IMHO
>>
>>> > >not a major concern. What is more important is how the countries
>>
>>laws
>>
>>> > >influence governance.
>>> > >
>>> > >David Forslund wrote:
>>> > >
>>> > >
>>> > >>I don't understand why this is good or even relevant. What should
>>> > >>matter is the legal protection
>>> > >>provided by the incorporation in the various countries
>>
>>participating,
>>
>>> > >>which I think was Richard's point.
>>> > >>
>>> > >>Dave Forslund
>>> > >>
>>> > >>
>>> > >
>>> > >
>>> > >
>>> > >Yahoo! Groups Links
>>> > >
>>> > >
>>> > >
>>> > >
>>> > >
>>> > >
>>> > >
>>> > >
>>> > >
>>> > >
>>> >
>>> >
>>>
>
>
>
>
>
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