Imperial Dominion Bank of Commerce Corporation - Financial Institution Reporting

[JustLegendMilk]

Username: JustLegendMilk

Registered Name: Imperial Dominion Bank of Commerce Corporation

Company Docket Thread URL: https://www.mcstatecraft.com/threads/company-docket-imperial-dominion-bank-of-commerce-corporation.275/

Address: c-22-regent-st

Primary Contact Person: JustLegendMilk

Directors:
JustLegendMilk
PhillinDeBlanc
CrisCrust

Compliance Officer: JustLegendMilk

Type of Institution: Bank

Scope of Activities: Deposit-taking, Commercial lending, Investment services

Scope of Activities (other): Wealth Management ,Exchange-Traded Fund Management , Asset Management,Transaction Advisory

Authorized Share Capital: Common, 2 500, par 1/- pound

Ownership Structure: 51% JustLegendMilk, 49% Other

Brief Description of Services and Customer Base: Investing Banking and other similar services for Commercial Businesses, &c.

By signing below, the Applicant acknowledges and undertakes to:

1. Financial Institution Tax
   • Pay a monthly Financial Institution Tax at the rate of (10%) of reported profits (Revenue Act § 6(2)).
   • Submit payment by the end of the second week of the following month.
2. Financial Records & Reporting (Revenue Act § 7)
   • Maintain detailed accounts of investment revenue, operating costs, assets, and liabilities.
   • Report to the Ministry of Trade & Finance by the end of the first week of each month:
     • Profits for the preceding month
     • Total assets & liabilities as of month-end
     • Significant changes in financial condition or operations
     • Summary of investment portfolio (securities, loans, other instruments)
     • Regulatory actions, legal proceedings, or material events
     • Compliance status with financial regulations
3. Audit & Inspection
   • Consent to Ministry audits and inspections of financial records (Revenue Act § 8(3)(a)).
4. Tax Exemption
   • Upon registration, this entity shall be exempted from the Corporate Balance Tax (1% weekly) under Revenue Act § 11(2)(a).
   • Acknowledge that exemption may be revoked for misrepresentation or non-compliance.

Link to Company Docket: https://www.mcstatecraft.com/threads/company-docket-imperial-dominion-bank-of-commerce-corporation.275/

List of Share Classes & Ownership Register excerpt: https://discord.gg/snCtNnjYjF

Declaration and Signature
I, the undersigned, hereby certify that the information provided is true and correct, that this Entity is duly organized under the Laws of the Kingdom of Alexandria, and that it will comply with all taxation, reporting, and regulatory requirements of the Revenue Act.

 

[Nim]

Thank you for submitting the application for the Imperial Dominion Bank of Commerce Corporation.

We have reviewed the provided information and intend to approve this application. We just require one additional detail for our records:

Company In-game name(s): [Please insert the in-game name(s) here]

Once this information is provided, we will finalize the approval of your application.

We appreciate your understanding and prompt attention to this matter.

 

[JustLegendMilk]

Thank you for submitting the application for the Imperial Dominion Bank of Commerce Corporation.

We have reviewed the provided information and intend to approve this application. We just require one additional detail for our records:

Company In-game name(s): [Please insert the in-game name(s) here]

Once this information is provided, we will finalize the approval of your application.

We appreciate your understanding and prompt attention to this matter.

IDBoC-Co
IDBC
ATM-IDBC

 

[Nim]

Accepted