Blockchain launched in Singapore on June 2

1. Yes, but you have to register a Singapore company to issue currency in Singapore. We also have to do "compliance", that is, Singapore ICO legal compliance legal opinion. The Singapore foundation is the main choice for most digital currency projects. The requirements of foundation registration for directors and shareholders of the company are loose, and there is no need for foundation registration&# 8204; Guo & Chen 8204&# 8204; It can be a natural person of any nationality. A natural person must be at least 18 years old. In Singapore, we can legally develop the blockchain instry. You can also go to the exchange to issue money.

2. How to issue
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

3. In Singapore, there are some companies doing blockchain ICO that can handle the whole process on their behalf, provide technical support and participate in project incubation in depth. Recommend a company called Siyi unicorn in Singapore. I hope I can help you

4. Ideally:
1. Securities trading does not need transaction intermediary, and it is highly efficient to directly go from indivial to indivial, or from institution to institution, or from institution to indivial

2. There is no handling charge

3. There is no need for intermediate reconciliation, trusteeship, etc. operation management is likely to end because of this.

5. Now the most mature market for blockchain technology is digital currency. Therefore, if you want to build a blockchain, you should enter the currency circle first. To build a blockchain overseas means to build an ICO overseas. You can first choose countries with loose policies, such as Singapore and Switzerland, and then set up entities, such as the Singapore foundation. With the support of legal compliance, you can buy currency on major digital currency exchanges. The specific process can consult a company called Siyi unicorn.

6.

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 ease

thirdly, 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