testcorp - Financial Institution Reporting

juniperfig

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juniperfig
juniperfig
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Username: juniperfig

Registered Name: testcorp

Company Docket Thread URL: testcorp url

Address: c-001-test-st

Primary Contact Person: juniperfig, @catfoundling on Discord

Directors:
test / tester
test2 / tester2

Compliance Officer: juniperfig

Type of Institution: test union

Scope of Activities: Investment services

Scope of Activities (other): we also do testing

Authorized Share Capital: 69 test shares

Ownership Structure: 420% ownership

Brief Description of Services and Customer Base: we test things and also throw money away

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: test link dot com

List of Share Classes & Ownership Register excerpt: we share classes and also own registers, yeah

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.
 
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