Singapore blockchain Innovation workshop
Singapore: digital currency exchanges need to apply for a license to operate in compliance with regulations. Souwei can develop Singapore blockchain digital currency exchange xrv522 , Singapore's minister of ecation ong Ye Kung said on behalf of the Singapore Monetary Authority (MAS), MAS will consult relevant instries in the near future, and formally introce the implementation measures and exemption provisions of the bill. This bill will directly affect many digital currency exchanges, wallets and OTC platforms in the Singapore market, and will comprehensively supervise the related businesses from the aspects of risk control and compliance
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
No, countries have never supported any virtual currencies, including global payments
in recent years, "virtual currency" represented by bitcoin, ethereal currency and Leyte currency has been centralized trading on some Internet platforms. With the help of financial technology, the price of these "currencies" has graally spread to investment, financing and other financial fields, which has aroused wide attention from all walks of life
not long ago, the people's Bank of China and other seven ministries and commissions jointly issued the announcement on preventing the financing risk of token issuance, which clearly regulated the relevant behaviors. Experts pointed out that "virtual currency" is not legal tender issued by monetary authority, but a specific virtual commodity in essence
therefore, it is undoubtedly a great legal and economic risk to think that "virtual currency" has or will have the nature of legal tender and to carry out speculation, network fund-raising, lending and financing
be alert to the risk of virtual currency
after the regulatory authorities have made clear their attitude, although bitcoin China, huocoin.com and other "virtual currency" operators have successively taken restrictive measures on the trading platform, the risk of "virtual currency" speculation still deserves high vigilance
in response, the China Internet Finance Association also said in the "tips on preventing the risks of bitcoin and other so-called" virtual currencies ", that bitcoin and other so-called" virtual currencies "lack a clear value basis and are increasingly becoming tools for money laundering, drug trafficking, smuggling, illegal fund-raising and other criminal activities
investors participate in speculation through the "virtual currency" trading platform, and face the risk of price fluctuation, security risk, platform technology risk, etc., which need to be borne by investors themselves
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
1. Fill in the public welfare foundation (LTD) registration form,
2. Fill in the public welfare foundation (LTD) Name: XXX Ltd
Singapore has laws and regulations that the public welfare foundation (LTD) name must meet the market uniqueness, so it is better to give three public welfare foundation (LTD) names, and we will start to register from the first name, for example: XXX Foundation Ltd, If the conditions are not met, we will choose to use the second one, and so on. If none of them can be used, we will propose to choose a new name
3. Fill in the operating business of Public Welfare Foundation (LTD).
according to Singapore law, each public welfare foundation (LTD) can register up to two operating businesses. Of course, one operating business is also allowed, because the Singapore government has stipulated various types of business, so you can provide the content of our business, and we can help you choose a similar established business, We will not register until we confirm with you, or you can choose from the following common business and business supplements:
4. If our company provides the address, the registered address does not need to be filled in
5. Fill in the details of directors / members:
directors are defined as corporate persons. According to Singapore law, each foundation needs to provide at least 2 legal persons, including local legal persons, We require the applicant to provide at least two foreign legal person information, which will be described below. The definition of a member is a registered member of a public welfare fund. Applicants need to provide at least two foreign members. Of course, the former two foreign legal persons can also serve as members. Because it is a non-profit organization, members need to guarantee a certain amount in the process of registration. It is suggested to guarantee S $1 at the beginning, and then increase according to needs. Finally, you need to fill in the personal information of each legal person or member. Please fill in the passport number for the certificate number.