Singapore digital Monetary Fund
Publish: 2021-05-15 13:09:32
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
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. 1. Mining doesn't require you to press e to watch animation to dig slowly. It's too slow. Take the ck's beak hoe to attack the ore directly. If you use double holding and attack speed dragon roar, you will become a rotating excavator
2. After a forward attack, if you continuously tap the left button, you will trigger a continuous infinite jump chop. Don't think it's a hidden move. In fact, it's just a light hit to damage the pit father bug of B club;
2. After a forward attack, if you continuously tap the left button, you will trigger a continuous infinite jump chop. Don't think it's a hidden move. In fact, it's just a light hit to damage the pit father bug of B club;
4.
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
5. The differences between Singapore public foundation company and general foundation company are as follows: 1. Singapore public company:
1. Independent legal entity; 2
2. Limited liability: joint and several liability is the maximum amount of guarantee promised by each member (it is possible to compensate at most S $1)
3. No shares or share capital
4. The maximum liability of each member should be clarified in the articles of association
5. Non profit: initially, it was mainly for non-profit organizations
6. Do not participate in benefit distribution
the company needs at least two company officials. At least one director must be Singaporean or permanent resident (Bajie can provide)< (2) ordinary companies in Singapore:
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 liability
4. Audit is required if the annual turnover exceeds S $5 million
5. 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%.
1. Independent legal entity; 2
2. Limited liability: joint and several liability is the maximum amount of guarantee promised by each member (it is possible to compensate at most S $1)
3. No shares or share capital
4. The maximum liability of each member should be clarified in the articles of association
5. Non profit: initially, it was mainly for non-profit organizations
6. Do not participate in benefit distribution
the company needs at least two company officials. At least one director must be Singaporean or permanent resident (Bajie can provide)< (2) ordinary companies in Singapore:
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 liability
4. Audit is required if the annual turnover exceeds S $5 million
5. 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%.
6. What we need to prepare: registered currency issuing entity - setting up local directors of issuing entity stipulated by the government - lawyers confirming the nature of digital currency - compliance review and amendment, issuing white paper - legal documents related to fund raising, combining with practical analysis - successful approval, digital currency can be issued - handling bank account opening
thank you!
thank you!
7. Hello ~ Yes, with the continuous emergence of new words such as bitcoin, blockchain, Weilian and ICO, cryptocurrency has aroused great attention. In essence, blockchain is a new application mode of distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm and other computer technologies. It is the underlying technology of bitcoin. Singapore has always been very friendly to digital currency and related instries. It has become a consensus in the instry to do foundation coin issuance in Singapore, with high credibility. You only need to make legal opinions according to regulations, There is no problem in issuing currency. Many of our customers have successfully operated it
in order to issue currency, the Singapore foundation needs to prepare for the establishment of the Singapore foundation and the submission of legal opinions on compliance
the requirements for registering a Singapore foundation are as follows:
divided into non-profit public foundation company and ordinary Singapore private limited company
to do projects to issue digital currency, it is suggested that non-profit public foundation company can be used (non-profit can be used as a legal opinion), better customers can make investors trust more easily
our company can do legal and fair documents
1; All capital letters in English can be abbreviated and the suffix is limited company. The middle of the end can be added to establish or fund; One can provide ID card, two need to provide passport address proof, suggest two people
3, registered capital, suggest one new currency, less registered capital can be increased, more registration need to pay tax
4, business scope, within the scope of blockchain, you can choose (two) or more, only two
5, registration time will be displayed on the registration paper, About 10-15 working days
after the annual review, once a year, there will be a new registration paper after the annual review
in order to issue currency, the Singapore foundation needs to prepare for the establishment of the Singapore foundation and the submission of legal opinions on compliance
the requirements for registering a Singapore foundation are as follows:
divided into non-profit public foundation company and ordinary Singapore private limited company
to do projects to issue digital currency, it is suggested that non-profit public foundation company can be used (non-profit can be used as a legal opinion), better customers can make investors trust more easily
our company can do legal and fair documents
1; All capital letters in English can be abbreviated and the suffix is limited company. The middle of the end can be added to establish or fund; One can provide ID card, two need to provide passport address proof, suggest two people
3, registered capital, suggest one new currency, less registered capital can be increased, more registration need to pay tax
4, business scope, within the scope of blockchain, you can choose (two) or more, only two
5, registration time will be displayed on the registration paper, About 10-15 working days
after the annual review, once a year, there will be a new registration paper after the annual review
8. The foundation is a non-profit public guarantee company, which is different from the private limited company. The issuing of blockchain digital currency is illegal in our country. In order to make the project more legal, we all handle overseas Foundations. The nature of the foundation is a public guarantee institution, and the risk is very low. In addition, if we need to connect with the exchange, we can also handle legal documents, The prerequisite for legal documents is the Singapore foundation, so the Singapore foundation is very important
9. At present, the supervision is relatively strict when setting up a foundation to issue money on the exchange. However, Singapore has always been very friendly to digital currency and related instries. It has become an instry consensus to issue money on the foundation in Singapore. It has high credibility. You only need to make a legal opinion according to the regulations. There is no problem in issuing money. Many of our customers have successfully operated it
in order to issue currency, the Singapore foundation needs to prepare for the establishment of the Singapore foundation and the submission of legal opinions on compliance
how to set up the Singapore foundation
1: the name of the foundation is (Foundation Ltd.); 2: Provide identification and address proof of at least 2 members (Singapore member, provided by our company and 1 by the customer himself); 3: The registered capital of non-profit organization is S $1; 4: Registered address (provided by our company) 5: new party lawyer auditor guarantee (provided by our company) 6: New Party Secretary (provided by our company) 7: new party registered member (provided by our company) business scope 1, development of other software and programming activities n.e.c.2 Software consultation (the basic scope of blockchain ICO is both of these two) needs 3-5 weeks to register with the registered capital of SGD 1 (only SGD 1 according to the regulations of non-profit government); After signing and submitting the registration application, you can inquire about the establishment of the company online within 2-3 working days, and obtain a complete set of documents such as certificates and seals within 3-5 weeks
legal opinion: in order to comply with MAS regulation, the stock exchange should provide legal opinion to issue token certificate of non securities nature in accordance with Singapore regulation
white paper: white paper legal compliance lawyer's opinion: prove that the project is legal and does not touch or violate any existing Singapore regulatory regulations
purchase agreement: according to the requirements of Singapore regulations, private placement terms for raising funds by issuing token of the project are issued
Singapore law governed terms, conditions for public
not everything needs to be done. If you don't issue currency, you only need to do the first two. If you want to issue currency, you need to do all of them.
in order to issue currency, the Singapore foundation needs to prepare for the establishment of the Singapore foundation and the submission of legal opinions on compliance
how to set up the Singapore foundation
1: the name of the foundation is (Foundation Ltd.); 2: Provide identification and address proof of at least 2 members (Singapore member, provided by our company and 1 by the customer himself); 3: The registered capital of non-profit organization is S $1; 4: Registered address (provided by our company) 5: new party lawyer auditor guarantee (provided by our company) 6: New Party Secretary (provided by our company) 7: new party registered member (provided by our company) business scope 1, development of other software and programming activities n.e.c.2 Software consultation (the basic scope of blockchain ICO is both of these two) needs 3-5 weeks to register with the registered capital of SGD 1 (only SGD 1 according to the regulations of non-profit government); After signing and submitting the registration application, you can inquire about the establishment of the company online within 2-3 working days, and obtain a complete set of documents such as certificates and seals within 3-5 weeks
legal opinion: in order to comply with MAS regulation, the stock exchange should provide legal opinion to issue token certificate of non securities nature in accordance with Singapore regulation
white paper: white paper legal compliance lawyer's opinion: prove that the project is legal and does not touch or violate any existing Singapore regulatory regulations
purchase agreement: according to the requirements of Singapore regulations, private placement terms for raising funds by issuing token of the project are issued
Singapore law governed terms, conditions for public
not everything needs to be done. If you don't issue currency, you only need to do the first two. If you want to issue currency, you need to do all of them.
10. What is the difference between Singapore foundation and Singapore foundation? What information do you need for registration
there are two types of companies registered in Singapore:
1. Singapore Fund Limited ends with Pte.Ltd; 2. Singapore foundation ends with Ltd; and public company type
the nature of the company is different. The limited company is a joint-stock company, and the foundation does not contain shares, What kind of foundation should be registered for the operation of blockchain digital currency
as we all know, bitcoin, fire coin and other big names are registered as non-profit foundations, which will have higher credibility
to make a blockchain ICO, if you need to issue money, you need to have a professional lawyer to issue a legal opinion. Ordinary limited companies can't meet this condition, only foundations can, and generally do ICO, you need to do private placement, and ordinary companies can't meet this requirement.
so what information do you need to register the Singapore foundation
1, the name of the foundation (must end with Ltd)
2, the identity cards, passports and other identity documents of the members of the foundation directors
3, the identity documents of the members of the foundation
there are two types of companies registered in Singapore:
1. Singapore Fund Limited ends with Pte.Ltd; 2. Singapore foundation ends with Ltd; and public company type
the nature of the company is different. The limited company is a joint-stock company, and the foundation does not contain shares, What kind of foundation should be registered for the operation of blockchain digital currency
as we all know, bitcoin, fire coin and other big names are registered as non-profit foundations, which will have higher credibility
to make a blockchain ICO, if you need to issue money, you need to have a professional lawyer to issue a legal opinion. Ordinary limited companies can't meet this condition, only foundations can, and generally do ICO, you need to do private placement, and ordinary companies can't meet this requirement.
so what information do you need to register the Singapore foundation
1, the name of the foundation (must end with Ltd)
2, the identity cards, passports and other identity documents of the members of the foundation directors
3, the identity documents of the members of the foundation
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