Singapore blockchain conference April 29
as an international financial center, it will not oppose any currency, even the virtual cryptocurrency
this feature also occurs in Hong Kong, the United States, Japan and other areas with relatively open finance. The more open the finance is, the more tolerant the virtual currency is.
token with the Singapore foundation for blockchain registration? Do you use the offshore company to control the Singapore entity or the Singapore entity to control the offshore company
1. The main role of offshore companies in token issuing structure: privacy protection and tax planning; The comparison of the two different holding structures is as follows:
structure 1: Singapore non-profit CLG holding offshore company
structure 2: offshore company holding Singapore PDE Ltd
in structure 2, using offshore main body to hold Singapore private limited company, there is a high risk of being refused to open an account in Singapore Corporate Bank
topic 3: after the issuance of token, How to deal with the problem of capital liquidity? How to deal with accounting and auditing
although Singapore's banks are still in a highly sensitive state in opening bank accounts for digital currency related businesses e to their inability to handle the fixed source of funds, KYC / AML barriers, and MAS's support and encouragement for financial innovation, Singapore is still the most friendly international financial center for digital currency instry among the coastal countries. The main problems of token change in banks are all caused by the unknown large amount of funds recorded in accounts
in the later operation of token issuance, four problems need to be treated carefully
1) the choice of the country where the operator is located: the company tax of the country, the friendliness to digital currency and the policy trend should be considered
2) to open a public bank account, the operator should obtain professional account opening guidance to avoid rejection
3) compliance operation in the process of token realization: it needs a compliant trading partner without regulatory risks to conct transactions, so as to avoid the bank account being closed
4) daily financial and tax work of operation entities: timely obtain professional service guidance, and strictly carry out daily accounting and tax audit report work
Singapore blockchain ICO company
according to the analysis of market results, at present, 70% of the companies registered in Singapore are public companies, and 30% are private limited companies in particular, there is no legal entity in Singapore called "foundation". What we usually call registered Singapore foundation refers to the type of public company Singapore public company: 1. Independent legal entity
3. No shares or share capital
4; Articles of association) to clarify the upper limit of each member's liability
Non profit: initially, it was mainly for non-profit organizations6
the company needs at least 2 company officials. At least one director must be Singaporean or permanent resident (Bajie can provide)
Singapore private limited company:
1. At least one shareholder and at most 50 shareholders can be natural persons and companies
2. At least one local director and one legal secretary (not the same person, Bajie can provide them)
3. Limited liability4
Three years before the establishment of the company, the profits of the first 100000 Singapore dollars are exempt from corporate tax, the tax rate of the company within 300000 Singapore dollars is 8.5%, and the tax rate of the part exceeding 300000 Singapore dollars is 17%is Singapore blockchain ICO a public company or a private limited company? What are the conditions
registration conditions and fees of Singapore public company:
1. Company Name: English only, company type is public guarantee limited company, ending with Ltd. or limited
Registered capital: there is no registered capital, but each member will pay in S $13. Members of directors: the requirements of directors are the same as those of ordinary companies, but there are no shareholders
Registered address: Bajie can provide Business scope: at most 2 main business activities can be selected (generally computer software, network, information technology, etc.) Legal secretary of the company: Bajie can provideregistration time: 4-6 weeks
registration conditions and fees of Singapore private limited company:
1. Company Name: English only, company type is private limited company, ending with PTE. Ltd
2. Registered capital: there is no need to verify the capital. The minimum is S $1, the maximum is S $500000, and the annual fee of Singapore business alliance is required
3. Directors and shareholders: at least one scanning of passport + ID card (address proof) of directors and shareholders shall be provided, and non Singaporean shall register. If an account needs to be opened later, at least two directors (except Singaporean local directors) shall be provided for registration
4. Registered address: local registered address in Singapore (available from Bajie)
Business scope: at most two main business activities can be selected (generally, the business scope of computer software, network, information technology, etc.) Legal secretary: provided by our companyregistration time: usually 3-4 weeks
note: after the registration of general for-profit foundation, there is no need to audit if there is no bank account, while the annual inspection and audit of non-profit foundation must be done every year after the registration
after the Singapore blockchain ICO company established the Singapore foundation, if it wants to issue currency, it will also involve four certificates:
1. White paper compliance: to prove that the projects undertaken by the foundation are in line with Singapore regulations, to prevent MAS (monetary authority of Singapore) investigation, which need to be used when going to the exchange
2. Token non securitization proof: prove that the project is non securitized, avoid causing trouble, and securitization is unable to engage in block chain related business in Singapore
3. Compliance of private placement terms: proving that the fund raising and sales concted before going to the exchange are legal and compliant
4. Compliance of public offering terms: it is equivalent to the commitment made to the majority of investors after going to the stock exchange, increasing the confidence of investors
note: the above certificates can be provided by Bajie Singapore lawyers
Hello, I'm glad to answer for you
Singapore is the holy land for the registration of blockchain projects, because the Singapore government is responsible for the registration of blockchain projects&# 8204;&# 8204;&# 8204; The development of the chain is supportive. In addition, there is a special law firm in Singapore to provide legal advisory services for the foundation. That's why such a big company likes to register a foundation in Singapore< so what preparations are needed to register a foundation in Singapore
First: the name of the foundation should be provided
Second: at least two registered persons should be provided. We provide the following information: registered address in Singapore, directors of Singapore nationality, guarantee of lawyers and auditors in Singapore, secretary in Singapore, and first year service fee
the registration time is generally 15 to 25 working days: after the registration, you will get these documents: registration certificate, registration paper, articles of association, official seal, steel seal, announcement of registered address, announcement of company establishment, authorization of Singapore directors, authorization of secretary, discipline of the first meeting, and exquisite file box
to register a foundation is only the first step, and the next most important thing is compliance. There are many compliance reports, focusing on the white paper and token reporting. The white paper is also equivalent to our usual business plan. After it is written, it needs professional Singapore lawyers to revise it to make it conform to Singapore's laws and regulations
The white paper has three main functions Second, to persuade investors and make them feel at easethirdly, it is necessary to use in the stock exchange
for these three purposes, we will write and revise the white paper. There are also token reports, which need Singapore lawyers to do. After this is done, Singapore MAS will not come to check you. You can work with ease
the above answers are for your reference. I hope they can help you. You are welcome to praise us and pay attention to us. Thank you
BVI company structure Singapore Foundation:
firstly, the project party registers an ordinary offshore company in BVI, and claims that the main body of the foundation is BVI company. Then we set up a foundation (CLG) in Singapore. BVI company cooperates, authorizes and operates ICO related projects. Of course, each currency needs an independent foundation to operate, so as to regulate the risk of currency trading on the main body of the foundation. Finally, Singapore commonweal foundation authorized the domestic marketing team and technology R & D team to carry out project promotion and technology R & d
to issue legal opinions on project compliance in the later stage: according to Singapore law, all ICO related projects operated by the foundation, whether currency issuing or exchange, It is necessary to issue a legal opinion to prove that the nature of digital currency is non securities and futures, and the white paper also needs to circumvent the relevant attributes to comply with the laws and regulations of the Singapore monetary authority
with a legal opinion, the main body of your foundation is not "streaking".
blockchain is a new application mode of distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm and other computer technologies. Blockchain is an important concept of bitcoin. In essence, it is a decentralized database, as well as the underlying technology of bitcoin