Singapore foundation blockchain
when many people are doing blockchain, they usually register a foundation to run with ordinary companies. Compared with Singapore foundation, what are the common problems when they register a Singapore foundation to do blockchain, Below, we will sort out and share some of our customers' concerns with you
1. Does the registration fee include the cost of the white paper
A: No, the legal adviser is a personalized business, and the fee depends on the project. The legal adviser can provide services in the whole process. Including the revision of the legal provisions of the white paper, and the issue of professional legal opinions on relevant laws and regulations such as the non securities nature of the token. ICO is the legal consultation in the process of issuing currency
2. About the Singapore foundation. Why should there be a company to operate and what is the relationship with the foundation? Why not register a company directly for ICO and exchange docking
A: the foundation is a public welfare organization and a public sector. It is more concive to attract investment and technology development to use the foundation to issue blockchain. It can also be directly ICO through ordinary companies. It depends on how customers want to operate
3. Isn't ICO a way to raise funds?
A: Yes. Participate in the crowdfunding of the project with the existing real value currency, and exchange for the new cryptocurrency issued by the project. The advantage of fundraisers is that they get the funds to carry out the project, while the participants want the project to be successful. In this way, the newly issued cryptocurrency in their hands is likely to appreciate and arbitrage. The so-called ICO means that investors use bitcoin and other ready-made virtual digital currencies to exchange for new tokens issued by ICO projects. Because there are few new currency owners and the price fluctuates greatly, the selling price on the exchange is likely to be much higher than the issuing price. The sponsors of ICO project use the traditional digital currency to exchange RMB and other legal currencies in the exchange, and then put them into the designated technical projects
4. Why not raise funds through common channels
A: the threshold of common channels is low, and there is no regulatory department. The risk is high
5. How to set up an exchange
A: you can choose an exchange according to your own situation. Generally, you should have strong experience in digital asset security management. There are many platforms
6. Why do you need to make a legal opinion
according to Singapore's financial law and securities law, if a virtual currency with securities nature needs to apply for a special financial license, so it needs to prove that the project does not contain securities nature, it needs a lawyer to issue a legal opinion on the non securitization of token and a legal opinion on compliance of white paper to prove the legality and compliance of the project, both of which are required by most customers
7. How can a registered Singapore foundation open an account in a bank
first of all, there is no need to open an account for a registered public non-profit foundation, and it is useless to open an account because the nature of the foundation itself is non-profit. When it comes to the next year's audit, can't it explain the income and expenditure of the bank account with the monetary authority? Second, the bank has a choice of customers. If the bank is told to do blockchain, the bank will not accept opening an account; Third, whether it's private placement or public offering, all the money raised are virtual currencies like Ethereum bitcoin. Ordinary bank accounts can't accept these currencies, so I don't recommend opening an account in a bank.
2. After a forward attack, if you continuously tap the left button, you will trigger a continuous infinite jump chop. Don't think it's a hidden move. In fact, it's just a light hit to damage the pit father bug of B club;
first, judge the value of 100 yuan in 1999 from the number of FA. The price of 100 yuan in 1999 of FA is more than 150 yuan, and the smaller the number is, the more valuable it is. Similar to fa00000001, the new 1999 version of 1000 yuan is more than 50000 yuan. You need to consult the price of the day at any time according to the number and the market, The price of the 100 yuan note of the supplement number crown hu1999 is 2500 yuan, the 100 yuan note of the supplement number crown hx1999 is 2500 yuan, the 100 yuan note of the supplement number crown xu99 is 1000 yuan, the 100 yuan note of the supplement number crown uh1999 is 900 yuan, the 100 yuan note of the supplement number crown qn99 is 950 yuan, and the 100 yuan note of the supplement number crown yo99 is 500 yuan, The price of ah is 450 yuan in 1999, 260 yuan in AI, 280 yuan in AJ, 190 yuan in UG, 280 yuan in UI, 300 yuan in UJ, 240 yuan in HW, 300 yuan in hy and 120 yuan in Hz, In 1999, the price of XW crown was 240 yuan, XX crown 99 version was 240 yuan, XY crown 99 version was 240 yuan, and XZ crown was 240 yuan.
Second, judging from the color of the belt, the price of belt 99 version was 100 yuan, which was higher in the early stage. In 1999, the price of 100 yuan whole knife was about 13000 yuan, In 1999, the price of the white belt was 100 yuan, and the price of the whole knife was about 11500 yuan. F-crown, e-crown, c-crown, d-crown, g-crown, e-crown, c-crown, d-crown, h-crown, i-crown, j-crown, p-crown, q-crown, r-crown, s-crown, t-crown, u-crown, w-crown, x-crown, y-crown, z-crown, a-crown, b-crown, h-crown, i-crown, j-crown, p-crown, q-crown, r-crown, s-crown, t-crown, u-crown, others are RMB 100 yuan for 99 edition of white belt.
it is better to use the foundation for blockchain projects, which has more advantages for the company's image packaging and publicity
registration is also very simple, providing simple information of shareholders and directors can help registration.
many people know that companies registered in Singapore can invest in blockchain projects and conct digital currency transactions. In fact, there are two types of Companies in Singapore: one is ordinary companies in Singapore; Second, Singapore public company, also known as Singapore public non-profit foundation L57) next (z7q6) take a look at (8-47) trends:
the main trends are in the business registration documents, ordinary companies, Pte.Ltd. end, foundations end. Second, the middle position of the general company registration documents shows that the nature of the company is a private company limited by shares, and the middle position of the public company registration documents shows that the company is a public guarantee company
now many well-known ICO coins are invested by registered foundations, which shows the legitimacy of the foundation as a blockchain; Later, if the exchange issues money, ordinary companies can not do legal opinions, public non-profit foundation can do legal opinions, so as to have legal protection
what is the process of registering for the Singapore foundation? Here's a list of information for you:
1. Provide at least three members, including Zhuo Zhi, the registered director of Xinfang, and the other two members provided by the customer himself. The identity / Passport + address Zhengming electronic version is enough
2. The name of the company, in English, is provided to ZhuoZhi. It ends with limited / Ltd. and the words Fund / foundation can be added< 3. Registered address: provided by ZhuoZhi
4. Registration time: 10-25 working days
5. Business scope: 2
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
Singapore is famous for its stable and sound legal and financial environment, where it is safe and convenient to register funds. As a result, more and more companies choose to set up non-profit companies in Singapore. At present, China's popular blockchain business is very suitable to operate on the foundation nature of non-profit organization platform
the Singapore non-profit organization foundation is usually registered as a public company, which is a non-profit organization, and each member bears the guarantee liability. The overseas projects of the public welfare foundation do not need to pay tax, and the Inland Revenue Department of Singapore will not tax the local capital injection and investment.
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

