The virtual currency of American Foundation

1. virtual currency does not belong to the fund. It is a kind of investment at the same level and has a parallel relationship
real estate, stocks, funds and virtual currency are all investment procts.

3. MAS report of Singapore blockchain foundation
as the largest financial center in Asia, Singapore's highly liberal policy on blockchain and virtual currency seems to be the most popular location for blockchain ICO projects in the world
What are the unique advantages of Singapore foundation in blockchain&# 8204; Many people like to register companies in Singapore, so what kind of companies do they sometimes register to do blockchain. The first company registered in Singapore is public company limited by guarantee, CLG. Unlike ordinary companies, they are non-profit and have no equity division. It belongs to the public guarantee type. We generally call it a non-profit foundation. Most people's names end with fund or foundation, which means fund and foundation. The ending will be like this: Foundation Ltd. / Fund Ltd.
here, I basically understand why I register overseas companies instead of domestic companies. Why do we choose Singapore to register in other places? Like Maltese, the United States, etc. As a matter of fact, Singapore has its unique advantages:
first, it is close to China and it is easy to operate anything
Second, the government supports the development of blockchain. Many well-known blockchain companies are registered here, including Laite coin. Quantum chains and so on
thirdly, the market is mature and the later service is perfect. Fourth, the price is reasonable and cost-effective
Singapore blockchain foundation registration and ICO compliance
Singapore companies or non-profit organizations are registered and managed by acra, and the non-profit foundation category is public

Company Limited by guarantee

the process is as follows:
1: the name of the blockchain foundation. Note that this is not an ordinary company. The ordinary company takes (PTE LTD) public non-profit foundation as

(Foundation Ltd)
2: provide at least 3 members, One of them is Singaporean (our company can provide)
3: registered capital of the non-profit organization is SGD 1, no share proportion (who can be authorized as the legal representative later)
4: registered address
5: lawyer and auditor guarantee of the new side
6: Secretary of the new side
7: registered member of the new side
registration time
15-20 working days (if the name is too sensitive, the time will be longer) < br/ >Registering a blockchain foundation is only the first step, and the next most important thing is compliance
the legal opinions needed by the stock exchange are actually a general term, which includes more emphasis on the white paper and token reporting, private

offering compliance, etc.
the white paper is also equivalent to our usual business plan, which needs to be modified by a professional Singapore lawyer after it is written, so that it can comply with the laws and regulations of Singapore
we write white papers for three purposes

First: report to MAS in Singapore, and you will not be afraid of being investigated in the future

Second, convince investors that the company is legal and compliant, and let investors feel at ease

thirdly, it needs to be used in the stock exchange

there are also token filing (non securitisation certification filing), and Singapore lawyers make MAS checks to prevent the monetary authority of Singapore

4. Some day in the future, it may be

5. Blockchain will develop this project by registering a principal company. With the increasing popularity of blockchain projects, the demand for overseas foundation registration is also growing. Which country is good for foundation principal registration

Singapore, the United Kingdom, the United States, the United Kingdom, and Malta are frequently involved in this project. These countries support blockchain projects through policies, so many people register<

the registration process is similar, you can provide the company name and registered member information

Where is a good place to register a non-profit foundation? Can Singapore, the United Kingdom and the United States register a non-profit foundation?

the registration process in the United States is slightly different, depending on which state you are registered in, generally registered foundations will choose California and Colorado

can other countries register? Like France, Japan, South Korea, Thailand<

Where is a good place to register a non-profit foundation? Can Singapore, the United Kingdom and the United States register a non-profit foundation?

these countries have no problem in registering, but the requirements are relatively strict. Take France for example, it needs to have an office address in France to register a foundation, and it needs to make accounting and tax returns in the future. South Korea and Japan need capital verification for registration. Thailand's current policy is not stable. The blockchain market in these countries is not very mature, there are not many project parties, and the government has not explicitly expressed its support for the development of blockchain projects. Therefore, it is not recommended to register in these countries

the well-known Biyuan chain and quantum chain are all registered in Singapore. Singapore not only has a mature market, but also can provide perfect legal services in the later stage, which makes more and more people choose to register in Singapore. Besides Singapore, the United Kingdom and the United States are also ideal places for registered foundations, But the market maturity and government support are not as good as Singapore.

6. OMF, whose full name is otamine fund, is a fund issued by the US foundation of Ota mine foundation. OTA mine fund is a global blockchain fund for bitcoin mines. By integrating global advantageous electricity resources, such as Russian mines, and making use of edge computing AI chips, OMF can create lower cost, safer and more intelligent mining machines and establish a global leading mine base, At the same time, it realizes multi-dimensional proct revenue through bitcoin AI quantitative transaction. Digital currency is a kind of venture capital. Whether it is reliable or not depends on the indivial's measurement standard

warm tips:
1. The above explanations are for reference only, without any suggestions
2. It is risky to enter the market and investment should be cautious
response time: September 14, 2020. Please refer to the official website of Ping An Bank for the latest business changes

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7. Information required for registration of American Foundation (Association):
1. Name of American Foundation (Association) (in English)
2. Scanned copies of ID cards or passports of directors and shareholders
3. The purpose of the organization
when the information is ready, you can apply to register with the American Foundation. Oh, there are many states in the United States, and the registration time is different in different states. Basically, the registration time is about 10-25 working days

8. 1、 Types of non-profit organizations in the United States:
non profit organizations in the United States can be roughly divided into three categories: public charity, private foundation and private operating foundation
1. Charitable organizations: they mainly obtain a large amount of fund-raising income directly or indirectly from the public or the government. The scope of public support must be wide, not limited to a few indivials, families, or companies< The first category is church, school and hospital
the main financial support of the second kind of charitable organizations comes from government funding and donations from the public or other charitable organizations. The IRS has detailed regulations on the proportion of public support
the third kind of charitable organizations must support one or more other charitable organizations, which is generally called supporting organization
2. Private foundations, also known as non managed foundations, generally have a fixed or specific source of income, which mainly distribute the funds raised to other charitable organizations, rather than directly use them for their own charitable projects. These private foundations usually invest their main funds, and then use the proceeds of the investment to do charitable affairs
3. Privately managed foundations will use their income and assets to operate their own tax-free charitable projects directly, but generally will not provide the funds raised to other organizations to carry out these activities indirectly. It's not usually raised from the public< Second, the benefits of registering a non-profit organization in the United States:
tax exemption
qualified tax-free non-profit organizations not only do not have to pay federal tax on their income, but also usually enjoy state, local and real estate tax relief. Indivials who donate to non-profit organizations can be dected from their taxable income. The enterprise's donation within 3% of its annual income can be tax-free. Non profit organizations can also get preferential postage for bulk mail at the post office, and charitable organizations can also accept donations from private foundations< Third, to register a non-profit company in the United States:
there is no other difference between setting up a non-profit company in the United States and setting up a general company, and the registration process is very simple
there is no national company law in the United States, so non-profit organizations are registered in each state separately. Non profit organizations are generally classified as non joint stock companies, and they need to fill in form SCC 819 when reporting. The form is very simple, with only one page and six items, including the name of the organization, the name and address of the registered legal person and the person in charge of the company, a of the articles of association and the payment of the registration fee. There's no funding requirement, no matter how many members you have. A non-profit company is a limited company without share capital< 4. Information required for registration of American Foundations (associations):
1. Name of American Foundations (associations) (in English)
2. Scanned copies of ID cards or passports of directors and shareholders
3. The purpose of the organization< 5. Registration steps of NPO:
first, submit the application to the state where the NPO is established
many states require nonprofit organizations to have at least three directors. However, some states require only one director organizer. These states include California, Colorado, Delaware, Idaho, Mississippi, etc. Among them, registration in Colorado is easier and cheaper< 6. Precautions:
1. It's better to have tax-free provisions in your articles of association. The process of setting up a non-profit organization is very similar to that of setting up a for-profit company
2. Non profit organizations must abide by the proceres of the articles of association, hold annual meetings and accept the articles of association. However, after the establishment of the company, it is necessary to apply to the relevant federal and state departments for approval of tax exemption, because the approval of tax exemption is not granted automatically with the establishment of the company
3. In order to comply with section 501 (c) (3) of the tax law, non-profit organizations must be for religious, charitable, ecational, literary and scientific or other public interest purposes.

9. Hello, I'm glad to answer this question
detailed introction to the registration of American foundations
according to a document issued on March 6, Colorado governor Jared S. polis has signed the "Colorado digital token act" into law
the bill was first introced in January at the State Senate level by Republican Jack Tate and Democrat Steve Feinberg – to provide limited exemptions for securities registrations and dealers, and to provide salesperson licensing requirements for those handling digital tokens
the bill identifies "digital tokens" as "digital units with specific characteristics, protected by decentralized ledgers or databases, that can exchange goods or services, and that can be traded or transferred between people without intermediaries or valuable custodians."
how to set up a non-profit foundation in Colorado to operate blockchain ICO coin issuing
1. The name of the foundation ends with XX Foundation (English)
1. Scanned ID card or passport of the member
2. Organization purpose and purpose
4. Registered capital; There is no limit and no capital verification is required.
5. The registration time is about 10-15 working days;

10. In 2008, as we all know, there was a very serious financial crisis in the United States. The major banks in the United States, led by Bank of America and Citibank, were in danger of bankruptcy. So why did the charitable foundations of these banks increase significantly? Private equity interview: one year's performance of stock base investigation: do you still support the base in 2012? Ten billion social security funds enter the market cautiously, the bottom, innovate, double the number of sealed base, share exceeds 80 billion. 2011 fund instry financial situation list award ceremony Pangda Saab's acquisition battle is defeated, the best private equity is stranded, foreign capital dominates China's private equity investment market Enterprise foundation and enterprise are independent. In principle, even if the parent company has serious financial problems, its independent charitable foundation may be financially healthy. However, because the parent company is the main donor of the foundation, for example, some companies will allocate a certain proportion of the pre tax profit to their company foundation every year, and many of them donate in the form of the shares of the parent company, so the financial situation of the parent company will also have a certain impact on its foundation. However, after the financial crisis, all the major banks in the United States have received a large amount of aid from the U.S. government. The American people have a huge complaint about this, because these banks themselves are the culprits of the financial crisis, but the government has to use taxpayers' money to rescue those banks, and there is also a scandal that bank executives get huge bonuses. The image of banks and Wall Street has never been ugly since the financial crisis, and they are regarded as swindlers who drink people's blood. Therefore, this is why these bank charitable foundations have greatly increased their charitable donations, with a large public relations component in them. Despite this special background, what have these corporate philanthropic foundations in the United States done? Banking: the purpose of the Bank of America charity foundation is to build communities in which it does business. This is the common purpose of many corporate foundations. The idea behind it is that local customers provide you with business opportunities. After you make money, you should also give back to local customers and help them build a better living environment. You know, these banks started by absorbing local savings and then lending. Later, the virtual finance instry and globalization have changed the business model of banks, but it does not seem to affect the purpose of their charitable foundation. The donation activities of the Bank of America are quite diverse. First of all, they donate to all kinds of local social charities, from large national organizations to small local organizations, ranging from the elderly, young people, to environmental protection and so on. Secondly, they provide financial and investment advisers to small and medium-sized charities to help them become more healthy financially. Bank of America also actively promotes the voluntary service of its employees and the concept ecation of public service among teenagers. They also offer scholarships for outstanding students; And provide "additional donations" to qualified charities. Retail: the purpose of Wal Mart foundation is to provide the quality of life of the residents in the society where its stores are located, and to make sure that their donations are mainly used for ecation, vocational ecation, environmental protection, and health. At the same time, special assistance will be provided to veterans, the disabled, low-income families and families suffering from natural disasters. Wal Mart's donation is not only limited to "food" related matters, it also actively donates to various institutions that provide re employment training for the unemployed and low skilled personnel, and institutions that develop and provide various abilities for young people; Institutions to protect women's interests, etc. Science and technology: General Electric is a strong international company with business all over the world. Therefore, the donation of General Electric charitable fund is more global. There are three purposes of the general foundation: first, to assist the post disaster construction around the world; Second, support ecation, especially the ecation of mathematics, physics and chemistry in primary and secondary schools; Third, support the company's staff's charity and volunteer activities. I personally feel that the purpose of the general electric foundation is to combine the long-term interests of enterprises with social needs. In terms of its first purpose, post disaster assistance, many of GM's businesses are closely related to infrastructure. After a natural disaster occurs in an area, there must be a demand for infrastructure reconstruction. Donation can shorten the relationship with the local government and provide opportunities for future business development while doing good deeds. In fact, many foundations focus on ecation, because ecation is not only related to the future of a nation, but also the quality of future talents is the key to the development of an enterprise. For any enterprise with long-term vision, ecation is of great importance to society and enterprise.