Blockchain foundation consulting platform
at present, the issue of currency has been banned in China, but the overseas policy is loose. However, companies that do blockchain technology will require the issuer to rely on the main company before they can cooperate. Therefore, most of the blockchain instry have registered a main foundation
foundations can be registered in the United Kingdom, the United States, caiman, Singapore and even Malta. What are the differences between these regions? Britain and the United States are now mainly engaged in non-profit foundations, similar to domestic social organizations. It is no problem to raise money to avoid tax, but it is impossible to issue money to do legal compliance; The Kaiman foundation, also known as the limited partnership (ELP), is composed of a general partner (GP) and one or more limited partners (LP). The cost of such a combination is bound to increase. At present, some large groups such as Alibaba, Jingdong and network have chosen it for listing; As for Malta, the policy is extremely unstable, and even the collection of money is subject to Chinese sanctions, so most people are "deterred"
so now Singapore is still the center of blockchain settlement, which is mainly e to Singapore's loose economic environment and good policies. The first place to register a foundation in Singapore is close to China. If you have any news, you can control it in time; Second, Singapore's non-profit foundations are tax-free; Third, the choice of the public. Many well-known token issuers choose to register with the Singapore foundation first; Fourth, the issuance of tokens requires legal compliance. Singapore has a very perfect service system
information required for registration of Singapore Foundation:
ID cards (scanned copies) of one or two registrants, who have no criminal record in Singapore and have reached the age of 18
2. Company Name: end with Ltd. and add Fund / foundation
3. Registered capital: S $1, stipulated by the government
4. Company nature: public guarantee (non-profit)
5. Registration time: 10-25 working days.
ICO technology is a new application of computer technology, which will be supported by the international community. However, many investors issue blockchain to obtain returns and raise funds from the public, which has great investment risk. In addition, some institutions do not meet the regulatory requirements and issue blockchain projects without authorization, Therefore, many countries do not recognize ICO projects
in order to solve the problem of non-compliance, the unregulated ICO instry needs to be recognized by the international community. At this time, some people will think of setting up a foundation to operate. Since foundations belong to non-profit organizations, and projects issued by non-profit organizations belong to public undertakings, which are more easily recognized by people at home and abroad. The Singapore government supports ICO technology, vigorously develops blockchain technology, and gives preferential policies at the same time. Therefore, it has become a broad consensus to set up foundations for non-profit organizations in Singapore, This is also the fundamental reason why all registered ICO foundations choose to be in Singapore
What preparations are needed to register a foundation< First, the name of the foundation. This name needs to be in English
Second: Directors and shareholders: provide scanned copies of ID cards or passports of directors and shareholders, with at least two directors, one of whom is Singaporean (we can provide, not holding shares)
third; Choose two business scopes
as long as you provide the above three points, you can register. The registration time is generally about 10-25 working days<
after registration, there will be later legal services:
legal opinions generally include the following four items:
1. Token non securitization proof: to prove that the project is non securitized and prevent MAS investigation
2. White paper legal opinions compliance: to prove that the project is not in violation of any regulations of Singapore and is compliant; Compliance with terms of sale:
4. Compliance with terms of public offering: it is equivalent to a guarantee for sale after going to the stock exchange and increases investors' confidence
Blockchain Singapore foundation, a non-profit public guarantee company, can be used as an overseas main company platform for issuing currency. It can be used to issue currency and trade on the exchange. This nature of the company to bear the responsibility of small, the registered capital is also a Singapore dollar. This kind of subject company is more in line with the spirit of blockchain
advantages of registering the main company in Singapore
1. Moderate registration fee and high cost performance in Singapore
2. Mature blockchain ICO market and perfect legal services. In the later stage, the exchange can issue legal compliance opinions
The Singapore government supports and encourages the development of blockchain projects Singapore has stable politics, developed economy, solid infrastructure and good business atmosphere
information required for registration of Singapore foundation
1. Name of Singapore Foundation: (in English, with foundation ending with Ltd)
2. Provide information of 2 directors)
3. Business scope; Two help options are available
4. The registration time is generally about 10 working days
engaged in block chain ICO in Singapore and listed on the stock exchange. You only need to register a non-profit foundation principal company and issue relevant legal opinions later, then you can start the project legally. This will also make the project more credible and persuasive, and increase the confidence of investors