Why does it have to be a non profit foundation to register a Singapore foundation to issue coins?

Singapore is the choice of many well-known ICOs, and ordinary companies of **** nature are easy to be supervised by the HKMA, and the nature of ordinary companies is for-profit, which is not accepted by the international public, and is not a for-profit company, which is a public guarantee company, and lawyers will also issue corresponding legal opinions on this type of company for blockchain projects.

Requirements for registering with Singapore**.

1. **Name of the Association: English name (ending with Foundation Ltd.)2. The ID cards of 3 directors are required, and two of them are provided by themselves, and the other is a Singapore director.

3. Business scope.

4. Singapore registered address.

Regarding the post-maintenance, after the first anniversary of the registration of the Singapore company, whether there is an account or not, it is necessary to conduct an annual review, and the cost of accounting and tax declaration is confirmed according to the bank account flow.

The requirements for a Singapore non-profit association company are as follows:

1. There must be two Singaporean directors and two members (menbers, not shareholders), and the members can be domestic people;

2. The requirements for the company secretary are higher, and a licensed secretary is required to serve as the company secretary, and the secretary fee must be charged separately every year (ordinary companies will not charge secretary fees separately), and it needs to be audited every year and disclosed to the public.

3.Registered non-profit ** will provide nominal directors.

What you need to register a Singapore non-profit organisation**:

Company name: The company name generally contains ** (foundation), and the company ends with limited; ltd.

Business scope: two business projects can be selected;

There are no fixed requirements for issuing coins, and anyone can issue coins. Therefore, it does not mean that you can issue coins if you register, or you can't issue coins if you don't register.

As long as there is this technology, it is fine, but the mainstream is still based on ** will be the main body of the project to issue coins. Moreover, 80% of the project parties and exchanges have the main body of Singapore, so it is still a good choice to use Singapore** to issue coins.

To register for the Singapore Club, you can look for an agency to assist (insanely hinted) by providing the name of the Club entity, XX Foundtion Ltd (template).

Proof of legal identity information,**.

Registered capital: S$1.

It is worth noting that the name of the subject should not be related to education, otherwise it may be investigated by the local government in Singapore, asking why you want to take this kind of name, etc., which greatly delays the registration time, and the normal time is generally about 15 working days.

Hello Yes, cryptocurrencies are attracting a lot of attention with the continuous emergence of various new words such as Bitcoin, blockchain, Vechain, ICO, etc. Blockchain is essentially a new application model of computer technology such as distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm, etc., which is the underlying technology of Bitcoin, Singapore has always been very friendly to digital currency and related industries.

Singapore will issue coins, and the preparations that need to be made are: the establishment of the Singapore ** Association and the compliance legal opinion.

The requirements for registering a Singapore Foundation are as follows:

It is divided into non-profit public foundational associations and ordinary Singapore private ****.

Do projects to issue digital currency, it is recommended to use non-profit public foundation companies (non-profit can do legal opinions), better customers are easier to make investors trust.

Our company can do legal compliance and legal justice documents.

1. Registered name requirements; All English capitalization, can be abbreviated, suffix is ****, the end of **** can be added in the middle of the establishment or **.

2. Information provided by the directors; One can provide ID card, two need to provide passport, proof of address is required, and 2 people are recommended.

3. Registered capital, it is recommended to pay taxes if there is less registered capital, and more registration can be added.

4. Business scope, within the scope of the blockchain, you can choose (two) or multiple choices, and only two will be displayed on the registration paper.

5. The registration time is about 10-15 working days.

The later annual examination, the first anniversary will be done once, and there will be a new registration paper after the annual examination.

Singapore Trademark Registration Application Process.

1. Inquire about its registered trademark to exclude the same or similar prior registration information;

2. Sign the "Trademark Entrustment Agreement";

3. Submit the registration application materials to the Intellectual Property Office of Singapore.

4. The company name must be a list of materials required for the application for registration of Singapore trademarks.

1. Applicant's identity document (a copy of the business license shall be provided when the enterprise applies, such as a copy of the personal ID card and a copy of the business license of the individual business with the individual as the person in charge);

2. An electronic document of the trademark pattern (the best one is the trademark graphic used in ordinary use);

3. The goods or services used in the designated trademark (the Nice International Classification Table is provided by ** company).

Progress process of trademark registration application in Singapore.

1.Provide the company name to Foundation LtdEnd.

2.Three or more board members, of which Singaporean can be provided by our company. The front and back of the ID card of the remaining two people are electronic files.

3.After confirming that the contract is correct based on the information, we will sign a contract and pay a 50% deposit.

4.It will take about 20-25 working days for our company to submit materials to start registration.

5. After the registration is completed, take a photo and send it to you, and after paying the remaining 50% of the final payment, our company will send you the registration documents.

Why register for Singapore**?

Due to the openness of the Singapore Regulatory Authority to ICO policies, Singapore has become the preferred place for blockchain projects, and the registration of 30 companies involving blockchain in the Singapore market has received more attention, including Litecoin**, Huobi, Bitmain, Vechain, Qtum, AELF (formerly Grid), Genaro Network, Kyber Network, SCRY, Robin8, and OKCoin, etc., covering major blockchain companies in Singapore and major ICO blockchain projects in China going overseas to Singapore. By sorting out the registration status of 30 blockchain-related companies that have received more attention in the Singapore market, including Huobi, Bitmain, Vechain, Qtum, Aelf (formerly Grid), Genaro Network, Kyber Network, SCRY, Robin8, and OKCOIN, etc., covering major blockchain companies in Singapore and major ICO blockchain projects in China going overseas to Singapore.

What is a Singapore Non-Profit Association?

Non-profit corporation type: *Foundation Ltd (Public Guarantee****).

1. Information to be submitted for registration of a Singapore public company:

1. Articles of Association and Articles of Association.

2. Affidavit of compliance with the law.

3. Letter of appointment and affidavit of qualifications of directors.

4. Certificate of identity.

5. Report form of the company's registered address and office hours.

6. The details of the managing director, company secretary and auditor and the issuance record of ** shall be submitted within 1 month after the establishment of the company.

Second, the basic conditions of the company's situation:

1. Company name.

Fill in the English name of the company, ending with ** (all capital letters).

2. Registered capital.

**S$1 recommended; (Up to 1 person, $1).

3. Business scope.

The scope of business is generally unlimited, and customers can fill in according to their own needs, and the number of words does not exceed 28 characters.

3. Requirements for directors and shareholders of the company:

1. Directors of the company.

There must be at least 1 person in an ordinary company and at least 2 people in a public company, and 1 Singapore resident or employment permit holder must be the director of the company.

2. The proportion of shareholders and shares of the company.

At least one or more persons are shareholders of the company, and the directors and shareholders can be the same person, and if more than one person serves as shareholders, the proportion of their respective shares must be stated.

Registration fee: Look at each **company** (including Singapore** director's fee).

Non-profit** associations must undergo annual inspections and audits every year after registration.

1: Public welfare image - easy to get public recognition, easy to raise the initial ** The publicity of investment can gain good impression and trust, and there are too many people who come out to do projects. With **, it will also be a demonstration of strength.

2: Non-profit organizations - laws and regulations do not allow individuals, companies to participate in the trading platform, but do not make prohibitions on the investment target of ** will (non-profit organization), so ** will be able to operate fund-raising funds to manage matters, most of the projects have announced the establishment of ** will, investors may not understand ** will before, but now investors know more clearly than the project party. Therefore, the purpose of the first meeting is obvious, and the real implementation to the actual registration is well-documented and there is a law to follow.

3: ** will not be a director legal person - all expenses in the name of the ** will be expensed, can play a supervisory role, and at the same time can not be held accountable to the issuer, the company is established in the name of the group, not someone is doing this, so it is reasonable to avoid personal risks, will not say that it involves the lead responsible person.