incorporation or numbersd co.? - RCCanada - Canada Radio Controlled Hobby Forum
RCCanada - Canada's Radio Control Hobby Forum
General RC Aircraft Discussion Discuss anything RC related

Closed Thread
Thread Tools Display Modes
Old 04-30-2009, 08:25 PM   #1
gerry clace
RCC Junior Contributor
I am: gerry c.
Join Date: Aug 2003
Location: Sioux Lookout Ontario

Feedback: 2 / 100%
Posts: 112
Total Props: 1
Thumbs up incorporation or numbersd co.?

       Remove this ad - become a site supporter!
As a group we are trying to decide which way to go to become a not for profit club, and thelast forums on the issue wre inconclusive. At the present time we get a land use permit from the MNR for an area we use to fly from. Last year we got a letter from dear old mpac
(municipal property assesment corp) along with a bill for taxes on property we do not own! We have appealed and to date have not heard back on the subject. Me thinks that because we fall with in the boundries of the local municipality they want to walk us to the slaughter house. We will not stand for this and therefore must come up with a plan to stop the local government from this heavy handed cash grab... so therein lies the original question, incorporate or numbered company, or just a declaration as being a not for profit group. any suggestions will be appreciated. thanx Gerry
gerry clace is offline   Quick reply to this message.

Sponsored Links - Subscribe to remove this ad.
Old 05-01-2009, 07:38 PM   #2
I am: Boolean21
Join Date: Sep 2002
Location: Singapore

Feedback: 0 / 0%
Posts: 38,228
Total Props: 56
Re: incorporation or numbersd co.?


My understanding is that as a simple association, you're in the same category as a partnership, and all members of the club are liable for the debts of the club.

Incorporating sets up the club as a legal entity, who would be solely responsible for its debts, and protecting the membership from being called on to pay those debts.

There is no real difference between a numbered corporation and one with a name, except that the latter requires a name search (about $35 a search or so). You can have it both ways, but it becomes cumbersome. The club name would become "Big Boomer Sailplane Club (12345678 Ontario Ltd.)" on all the lega papers as opposed to just 12345678 Ontario Ltd or Big Boomer Sailplane Club Ltd

In creating the corporation, you have to declare that the corporation will be not-for-profit (plowing excess funds back into the club for field acquisition/improvements is a valid item to the best of my knowledge and a common practice).

There's lots of information on the Government of Ontario Department of Corporate and Consumer Affairs on setting up corporations, especially not-for-profit ones.

Also lots of stuff on MPAC. Remember that MPAC is a provincial body, and independent of local municipalitieis. It's the local municipality that will send you a bill that you have to pay.

What I see as your priority items are:
1) Why did MPAC send you the bill and not the MNR, since you are a tenant?
2) Does your MNR permit actually make you the owner of the property, better check with MNR on this.

Last edited by PurgatorY; 05-01-2009 at 07:44 PM.
PurgatorY is offline   Quick reply to this message.
Old 05-01-2009, 07:59 PM   #3
RCC Master Contributor
DO335's Avatar
I am: Cheshire C
Join Date: Jan 2004
Location: Newmarket Ontario

Feedback: 13 / 100%
Posts: 1,319
Total Props: 1
Re: incorporation or numbersd co.?

The reply you have is only partially correct.

You unfortunately are not totally informed either by any opinions on this site.

You have lots of issues here and there will be lots of minor points of which people would not be aware, lacking a full examination of your situation. What you need is professional legal advice, not opinions on legal matters from people who are merely dilettantes.

Yes, it costs for professional legal advice. Not surprising. But then I don't imagine that you work for free either, whatever it is you do. People don't even retire for free - they get pensions.

Free legal advice would only be worth what you've paid for it.
DO335 is offline   Quick reply to this message.
Closed Thread

Quick Reply

Register Now

In order to be able to post messages on the RCCanada - Canada Radio Controlled Hobby Forum forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

Member names may only be composed of alpha-numeric characters. (A-Z and 0-9)

!!ATTENTION ADVERTISERS!! If you intend on advertising anything on this forum, whatsoever, you are required to first contact us here . Additionally, we do NOT allow BUSINESS NAMES unless you are an Authorized Vendor. If you own a business, and want to do sales on this site via posting or private message, you will need to follow the rules. Shops, Stores, Distributors, Group Buys without being authorized will see your account terminated.
User Name:
Please enter a password for your user account. Note that passwords are case-sensitive.
Confirm Password:
Email Address
Please enter a valid email address for yourself.
Email Address:
Your Name
Your first name and last initial is required if you plan on using the forum.
Which city & province you live in. This is mandatory for classified listings.
Radio of choice?
Which radio is your current favorite to use?
Number of RC Vehicles?
How many boats, cars, planes do you own?


Human Verification

In order to verify that you are a human and not a spam bot, please enter the answer into the following box below based on the instructions contained in the graphic.

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
vBulletin Message

Thread Tools
Display Modes

Forum Jump

All times are GMT -5. The time now is 04:54 AM.

vBulletin Security provided by vBSecurity v2.2.2 (Pro) - vBulletin Mods & Addons Copyright © 2016 DragonByte Technologies Ltd.