Marshall legal digital currency

1. The first step to apply for an American MSB digital currency license is to apply for a local company in the United States. This company can operate offshore. It can provide company information, ID card and passport. It can be a natural person or a legal person. The processing cycle is about two weeks. After the completion of the processing, it begins to apply for a currency license. This is to apply to the U.S. Treasury Department, After the application, you can query it on the official website of MSB in the United States. It takes about 4 to 8 weeks to complete the whole process, which is not slow. Many countries need several months to complete the application.
the MSB license in the United States is a license for digital currency and virtual currency transactions. After the application, it can be legally recognized all over the United States and overseas, so the brand value and influence are very big. It can be said that compared with isania, Australia and other countries do have great advantages
one of the necessary conditions for applying for MSB digital currency license in the United States is to register a company in the United States
the following conditions are required to register a U.S. company:
1. Application conditions: more than one director and shareholder of the company (natural or legal person without international restrictions), valid identification documents (ID card or passport)
2. Name selection: there is no restriction on the company name, as long as there is no plicate name in the search; The general name is followed by the words of Corp (Corporation), Ltd (limited), Inc (incorporated), CO (company), LLC, etc. Please attach two or more company names when registering, so as to avoid delay when each choice is unavailable. Before the establishment of the company, the name fee can be reserved for half a year
3. Registered capital: different states have different registered capital, which is generally US $50000 (please refer to the registered address of each state for details), without capital verification and in place. When registering a company, it is necessary to state the amount of shares issued at the time of incorporation. Generally, the initial amount of shares issued by the company is 3000-50000 shares. You can increase the number of shares issued by your company at any time after the establishment of the company. 3. Share Allotment: the proportion of shares of each shareholder in the registered U.S. company (%)
4. Registered address: it is required to have a local registered address (the registered address in the United States can be provided for our secretary service). Company registration time: 20-25 working days<

processing time of bank account of U.S. company:
the second necessary preparation for license application is to open a U.S. bank account< Please provide the following attachments:
1. Company registration certificate
2. Company tax number
3. Scanning of ID card of all directors and shareholders (holding more than 10%)
4. Scanning of passport of all directors and shareholders (holding more than 10%)
5. Scanning of address certificate of all directors and shareholders (holding more than 10%) in the past three months (marked) Note:
1. Please confirm the authenticity and validity of the information. If the information is not true, the customer shall bear all the consequences.
2. The time of opening an account is determined by the workload of the bank, generally about one month, and the actual time shall prevail, For customers with high time requirement, please explain in advance
service content of license processing:
license application includes:
& ᦇ 8226; Financial business scheme design of MSB license; Preparation and writing of application materials; Submit an application for MSB license to the U.S. Department of the Treasury; Responsible for answering questions raised by the U.S. Treasury and FinCEN ring the application process< br />• If the U.S. Treasury Department and FinCEN require us to provide other documents or relevant instructions, we will be responsible for writing and submitting them, such as proct disclosure statement. After the completion of the license inquiry: login the U.S. Department of the Treasury MSB website to inquire about the license number and other information.

2.

With the development of blockchain, there are more and more ICO projects and exchanges in the blockchain instry. How should so many projects develop in compliance

the current blockchain project compliance is divided into two sections:

first, blockchain coin project compliance: Foundation + legal compliance opinion:

in addition to Singapore, the United States and the United Kingdom have more choices. The registration fees of these two countries are low, and the registration process is simple. However, if the currency is issued by the exchange later, the United Kingdom and the United States can not provide the corresponding legal services

from the perspective of compliance in the later stage, we should choose Singapore foundation

the government of Singapore not only supports the government policy, but also stipulates that the blockchain foundation can be registered and managed by acra to obtain legal issuance projects, which will make Singapore a financial technology center and blockchain technology center in the next world with its own competitiveness. Therefore, Singapore can be said to be a paradise for blockchain entrepreneurs

advantages of registering Singapore Foundation:

first, non-profit public companies are easier to let investors trust than ordinary companies.

Second, the government supports the development of blockchain, and the policy environment is good.

third, the market is mature, and the follow-up legal services are perfect.

Fourth, excellent and well-known projects are also in Singapore: for example, Laite coin, which is better than the original chain, Fifth, the price is reasonable and cost-effective. Sixth, local lawyers in Singapore can issue relevant legal opinions according to the needs of the project parties to prove the compliance and legality of the project Ordinary companies are not allowed to issue legal opinions)

how to register the Singapore foundation and what information should be provided

1. Provide company name

2. Information of two registered members, one Singapore director, registered address in Singapore, Singapore Secretary (nominal)

3. Business scope

4. Registered capital: default 1 Singapore dollar

after the registration of the main foundation, it is not the end, but just the beginning. After the registration certificate and other documents come out, the professional lawyers of the bar association of Singapore also need to modify and issue legal opinions according to the project plan, which is commonly known as the white paper. To prove that the project is in accordance with the laws of Singapore and can carry on business normally

as we all know, it is forbidden to issue xunihuobi in our country. The legal opinion is in line with the laws of Singapore, and it depends on the legal proceres. The legal opinion can only be issued by a lawyer who meets the requirements. In addition, the white paper is in compliance. The legality of the white paper written by him cannot be guaranteed, and if he is not a lawyer, he does not understand the laws of Singapore, This is very important; Another aspect is for investors, to have legal documents to prove that the project is legal in Singapore, investors will be more assured, then they need some supporting documents

to register a foundation is only the first step, and the most important thing that needs to be done next is cooperation&# 8204; Yes,

now the bigger exchanges need you to issue legal compliance to let you go to the exchange. Therefore, the legal opinions needed to go to the exchange are actually a general term. The legal compliance actually includes several items, such as token non securitization certificate, white paper compliance, private placement terms, public offering terms, etc. Most of these exchanges will require token non securitization certification, and the white paper is equivalent to a normal business plan. After it is written, it needs professional Singapore lawyers to modify it, which is in line with Singapore's laws and regulations. Most companies on the exchange will choose to give legal opinions

the white paper has four main functions

first, it reports to MAS in Singapore, and is not afraid of being investigated in the future

Second, to convince investors that the company is legal and compliant, and to reassure investors

thirdly, it is necessary to use in the stock exchange

Fourthly, rece unnecessary investment

there is also a token filing (non securitization certificate filing), and Singapore lawyers only need to provide a white paper, articles of association, registration paper and registration certificate to prevent MAS verification of monetary authority of Singapore

Second, blockchain exchange project compliance: subject company + digital currency trading license:

as one of the important compliance documents of the platform. It is equivalent to a business license. In particular, after Huoyuan won the Japanese license, the US license and applied for the Canadian license, the license was pushed to a new height. Obtaining the US MSB license also means that the company can reasonably conct business in most states of the United States. This is the reason why the major platforms have started to apply for licenses. If they want to carry out business formally and legally, they have to apply for licenses

for example: MSB digital currency exchange license in the United States, MTR digital currency + Wallet al license in Estonia, austrac digital currency license in Australia, etc

The role of MSB license in the United States:

1

2

3. It can increase the trust of customers, enhance their visibility, and also make the platform develop better and faster in compliance

advantages of MSB license

1. Investor recognition - the company law and financial instry supervision in the United States are very perfect. With the U.S. license, your digital currency trading platform will be more recognized by global investors

2. Get authoritative approval - with the authoritative approval of the U.S. Treasury Department, you can carry out relevant business in the United States and around the world, which represents the compliance supervision of the digital currency platform

3. Becoming a first-line platform -- MSB license is also a standard license for global digital currency trading institutions. Coinbase, bitfinex, poloiex, hotcoin.com, OK, coin security exchange and other platforms all hold this license to operate

4. Diversified services - MSB license allows currency exchange and delivery services, so that you can better meet customer needs and provide more diversified services

why the license plate is so important for the trading platform? First of all, people in the traditional foreign exchange circle know that the foreign exchange platform has the importance of supervising the license plate. Even this traditional mode will create the future trading platform. Therefore, license plate is bound to become a trend of development

3.

Hello! Glad to answer your question

the US MSB (money services business) license is a financial license supervised and issued by FinCEN (financial crime enforcement agency under the US Ministry of Finance). The main objects of supervision are businesses and companies related to money services. The scope includes international remittance, foreign exchange exchange,

currency transaction / transfer (including digital currency / virtual currency), ICO issuance, provision of prepayment

items, issuance of traveler's checks, etc. Companies engaged in the above-mentioned related businesses in the United States must apply for MSB license to operate legally

first of all, let's understand the function of the MSB license plate

1. It can legally carry out currency trading and legal currency trading business

2. Increase the reputation of the exchange and make investors more confident

3. Materials required to prove the legal and compliant operation of the exchange and avoid risks

MSB license:
basic information of US companies;, Include company tax number
detailed personal data of shareholders and directors of US companies Passport scanning , personal telephone number, address, etc., shareholders should preferably have us SSN)
US office address
application time: 3 weeks
license processing service content:

license application work includes:
financial business scheme design of MSB license
preparation and writing of application materials
submitting the application for MSB license to the US Treasury Department
ring the application process, Responsible for answering questions raised by the U.S. Treasury and FinCEN
if the U.S. Treasury Department and FinCEN require us to provide other documents or relevant instructions, we will be responsible for writing and submitting them, such as proct closure statement
after the completion of the processing, the license number and other information can be inquired through the website of MSB of the U.S. Department of the Treasury

welcome to ask

4. In the case of poor management of the company, the company can apply for cancellation. Marshall company has two ways of cancellation: formal cancellation, that is, formal cancellation proceres for the company, clearing all debts of Marshall company, transferring all account funds, paying certain cancellation fees, and formal cancellation of the company by Marshall company registry, Issue cancellation documents; Automatic cancellation means that the company will not pay the annual fee again. After 15 months, the Marshall company registry will cancel the company compulsorily. There is no cancellation document for automatic cancellation.

5. Marshall is an island country in the central Pacific. It covers an area of 181 square kilometers. It is 3200 km southwest of Hawaii and 2100 km southeast of Guam. To the west is the Federated States of Micronesia, an archipelagic state, and to the south is Kiribati, another archipelagic state. It is composed of more than 1200 large and small islands and reefs, which are distributed in more than 2 million square kilometers of sea area, forming two series of chain island groups with northwest southeast trend. The eastern part is the latak islands, and the western part is the lalik islands
What are the advantages of Marshall offshore company
1. The offshore tax-free system of Island companies does not need to pay tax
2. The legal system and company law are internationally recognized
3. It is neutral, The company can be jointly operated by different international people
4. The company is recognized by major financial markets (such as NASDAQ)
5. The information of directors and shareholders is highly confidential and private
details of Marshall company registration:
1. Company name
2. Provide information of at least one registrant
3. The standard registered capital is US $50000
4. Annual review is concted once a year, You don't have to make a tax return

6.

< EM > how to register Marshall company, Hongkong Yishang will answer for you < / EM >

< EM >

(1) the company name to be registered: English shall prevail, supplemented by Chinese

(2) the identity documents of each member of the company: passport or ID card, Scanning

(3) address proof documents of each member of the company: bank bill, telephone bill, driving license, etc., scanning

< EM > relevant regulations on registration of Marshall company, It will take about 3-5 working days to submit the application immediately. Such ready-made companies cannot be renamed

2. It takes about 10-15 working days for the newly named and registered Marshall company (the name can be checked in real time)

3. At least one Director / shareholder shall provide a of ID card or passport

The government stipulates that if the registered capital is more than 50000 US dollars or 500 shares, additional fees shall be paid

5. After confirming the registration name, the customer must pay 50% of the deposit and pay the balance after the registration