Australian entity set up. Figure it out Kazi cl
Post# of 12502
Kazi claims she has already dug into this development before the holidays
https://australia.acclime.com/guides/propriet...any-setup/
Quote:
A proprietary company requires at least one shareholder and no more than 50 non-employee shareholders. At least one director must be a resident of Australia.
Quote:
The process for the establishment and incorporation of a Pty Ltd company is easy, fast and inexpensive.
Quote:
The company cannot engage in fundraising activities that would require the lodgement of prospectus (i.e., seeking to raise funds from the public). They can, however, raise money through private sales of equity.
Appointing company officers
Quote:
A proprietary company in Australia is a business structure that is required to have at least one shareholder and not more than 50 non-employee shareholders.
The company must have at least one director who is a resident of Australia and a resident company secretary if any secretary is appointed.
Would anyone be surprised if Snpw subsidiary, Sun Pacific Power, Inc., (which has had all of its contracts terminated except promissory note with ceo's side company CaC realty) disappeared in the next 2-3 months?
Elba Corp (new AL registered co. as a subsidiary) replaced SPP with the insurance grade wrap grade in April 2023.
Maybe, there's nothing better than Australian off shore shell to use equity for raising funds. Many suckers might be still be available across the world in Australia?
Important to note Snpw has never done any solar products plant-related partnership agreements with any U.S. companies. That might include too much transparency and less pulling of the wool over some eyes?
https://australia-corp.com/co/sun-pacific-power-pty-ltd
https://connectonline.asic.gov.au/RegistrySea...xh9m2ru_15
in my opinion
cheers