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Singapore non-profit public foundation applies to blockchain ICO issuance

Singapore non-profit public foundation applies to blockchain ICO issuance among all Singapore registered company types,Non-profit public foundations are widely favored by the blockchain ICO virtual currency development industry,Due to Singapore’s highly open policy,Making Singapore the best place to register。Non-profit public foundations are now widely favored by the blockchain ICO virtual currency development industry,Below we introduce this organization in detail、How to register a Singapore foundation。

Singapore non-profit foundations are usually registered as public companies,Such companies are non-profit organizations,Each member bears guarantee liability,There is no need to pay tax for overseas projects of public welfare foundations,The Inland Revenue Authority of Singapore will also not tax local capital injections and investments.。

Private limited companies are more popular among users,Register as such company

Require

Low;Basic conditions of the company's situation:1、Company name: Fill in the English name of the company,End with ltd./limited as the concluding remarks 2、No maximum limit on registered capital,There is no strict time limit for paying up capital3、Business scope Business scope is generally unlimited,Customers can fill in the information according to their own needs,No more than 28 characters4、company director、shareholders

Require

:1Registration requires customers to provide the foundation name and member ID card,Just choose two business scopes;Registered address and new directors,New Secretary,first year of service

cost

,Government official fees,We provide them all。

After registering the foundation,This foundation can be used as the main body,Start writing legal opinions,Mainly divided into several parts:1、Token non-securitization certification compliance legal opinion 2、White Paper Compliance Legal Opinion 3、Private Placement Sales Terms Compliance Legal Opinion 4、Legal Opinion on Compliance of Public Offering Terms


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