Can a registered Cayman Foundation issue coins? What are the procedures?

The Cayman Limited Partnership (ELP) is a widely used fundraising structure and asset management transaction vehicle in recent years. It is made up of at least one general partner (GP) and one or more limited partners (LPs), the general partners (GPs) are responsible for managing and executing the business of the limited partnership, and the limited partners (LPs) usually only contribute capital and do not participate in the limited partnership.

Information required for Cayman company formation:

1. The name of the Cayman company.

2. Scanned copies of ID cards of all shareholders and directors of the company.

3. A scanned copy of your passport.

4. Scanned copy of the handwritten signatures of the directors and shareholders.

Registration conditions: 1. Registered capital: The Cayman Islands** has no restrictions on the registered capital of its offshore company, but the general practice is to use US$50,000 as the minimum registered capital for registration. The capital can be divided into 50,000 shares at $1 each;

2. Shareholder: At least one shareholder, who can be a natural person or a legal person, and there is no nationality restriction. Cayman Islands offshore companies can choose to issue either registered or bearer**;

3. Director: At least one director is required. The director can be a legal or natural person and there are no restrictions on nationality;

4. Registered office: the registered office must be located in the Cayman Islands;

5. The company name is free.

6. Financial statements: Registered Cayman companies do not need to prepare and submit financial statements;

7. Tax requirements: A registered Cayman company does not need to declare or pay any taxes, except for the annual license fee.

To engage in the blockchain industry in Cayman, you must be a Cayman ELP company to apply for a financial license, but if you want to issue a legal opinion, an ordinary GP company can also do it.

Process of registering a Cayman company.

The registered address of the registered Cayman company must be in the Cayman Islands, and the company does not need to have local shareholders and directors, and does not need to hire a local secretary, but it must appoint a Cayman company or individual (with Cayman residency status) as the registered person. The process of registering a Cayman company is as follows:

1. Submit the company name to the registration agency for verification.

2. After confirming the name, sign the entrustment contract and confirmation form.

Why register company in Cayman Islands.

As an old offshore company registration place, the reason why Cayman company registration attracts the favor of many investors is mainly based on the following reasons:

1. Cayman, together with Bermuda and the British Virgin Islands, is known as the world's three largest offshore company registration places, which are the places with the largest number of offshore company registrations in the world, and the Cayman company law has a benchmark status;

2. Listing may be one of the most important reasons for the well-known Cayman company, the Cayman company is well-known by enterprises, due to the fact that many domestic enterprises have overseas listing structures, there is no lack of Cayman companies, and registered Cayman companies have become one of the few territories that can be listed in Hong Kong and Singapore in North America and Asia;

3. HKEX consultants are more experienced in the operation of Cayman companies and are more quick to apply for listing approval;

4 Cayman Islands is the fifth largest financial center after New York, London, Tokyo and Hong Kong, is a famous offshore financial center and tax haven, the reason why the registration of a Cayman company is so attractive, mainly because of its financial policy, foreign exchange in and out of Cayman freely, the departments of the financial information of investors is tight-lipped to the bottle;

5There is no tax on the registration of a Cayman company, whether it is for individuals, companies or the trust industry. So the Cayman Islands is known as a real tax haven;

6. The cost of registering a company is relatively low, and the annual maintenance fee is also relatively low;

7. If the company type is exempted, the name of the company is not required"limited"(i.e. "limited").

Hello, at present, the customers who do blockchain projects will register as the main body of the project, why are they registered in Singapore, first of all, it is cost-effective, and the Singapore market is relatively mature, and there are many project parties, many well-known currencies are registered in Singapore, and secondly, they can provide perfect legal services in the later stage.

How much does it cost to register in Singapore**?

At present, there are two kinds of Singapore registration in the market, one is a simple Singapore registration, and the other is a compliant Singapore registration, what is the difference between the two?

1. Simple** will be registered: the registration process is simple, the documents are incomplete, and it is made domestically.

2. Compliance** will be registered: the registration process is compliant, the documents are complete, there is a lawyer's guarantee, the documents are issued by the Singapore Registry, and the lawyer's application is sent to China.

If you do blockchain ICO only for investment, no matter which one you register, it will not matter, but you need to issue coins to the exchange later, as far as we know, some well-known exchanges will need relevant legal compliance opinions. The difference in registration directly affects the later legal opinion.

The registration is simple, due to the incomplete documents, the lawyer bears high risks, and it is very expensive to make a legal opinion.

The early registration is a compliance meeting, and when you need to make a legal opinion in the later stage, it is much cheaper.

After looking at these two comparisons, you can choose which one to sign up for according to your needs.

As a well-known offshore financial center in the world, Singapore has been a favored investment destination for global capitalists for many years with its favorable policies and effective risk control measures. The resistance of other countries and regions to the activities related to the regional fast chain, as well as the open and inclusive attitude of Singapore** towards the regional fast chain, have made many regional fast chain technology-related enterprises settle in Singapore, and use Singapore companies as a platform to attract investment funds for the development and application of regional fast chain related technologies. Many of these enterprises are registered in the form of non-profit public associations.

Today, I would like to introduce to you several characteristics of non-profit public meetings in Singapore.

In Singapore, there is actually no special form of non-profit association, and the current non-profit organization is based on a public guarantee (company limited by garantee cl) and a private company (pivate limited) after the amendment of the articles of association. The non-profit ** meeting with public guarantee **** (company limited by garante clg) as the carrier is usually called a non-profit public ** meeting.

Of course, it is better to register Singapore** will issue coins, and issuing legal opinions later is a better way to comply with the law.

The STO indicator is used to measure the overbought and oversold conditions of the market. The essence of STO is the tokenization and digitization of assets, and the traditional assetization is a relatively slow and long process. The preparation of the entire transaction takes six months to a year, and the cost of servicing the transaction also ranges from tens to millions, so we can consider the STO as a more legally compliant ICO. About the STO service process.

1. VIE architecture preparation.

2. Preparation of legal documents.

3. Financing channel services.

4. Token issuance.

At present, everyone will choose to register for the Singapore ** meeting to do new blockchain STO projects.

Registering for Singapore** is not a difficult process.

1. The registration of the Singapore ** Club requires 3 board members, one of whom is a Singapore member provided by the institution and will not participate in the operation of the ** Club in the future, and the other two members are provided by the customer himself.

2. The name of the association will be capitalized in English, and the non-profit public will be Foundation Ltdis a suffix.

3. Customers need to select the scope of business, and this agency will also provide options. Other matters are basically operated by special personnel, and the registration time is 10-25 working days to complete.

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.

There are two types of companies registered in Singapore:

1. Singapore ******, ending with a limited liability company type.

2. Singapore ** Society, ending in LTD, public company type.

The nature of the company is different, it is a joint-stock system, and it will be without shares, which is a type of public guarantee.

What type of blockchain digital currency operation needs to be registered**?

The well-known Bitcoin, Huobi, and Bytom are all registered non-profit clubs, and their credibility will be higher.

If you need to issue coins to do blockchain ICO, you need to have a professional lawyer to issue a legal opinion, ordinary **** can not meet this condition, only ** will, and generally do ICO need to do private placement, ordinary companies can not meet this requirement.

So what information do I need to register in Singapore**?

1, ** will name (must end with ltd).

2. The ID card of the board member, passport and other identification documents.

3. Identification documents of the members of the ** will be formed.

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;

Since the beginning of 2017, blockchain representative projects Ethereum (full name: Ethereum Asia Pacific Ltd) and Litecoin (full name: Litecoin Foundation Ltd) have successively set up public guarantees in Singapore **** as a non-profit ** will manage the global community operation of their open source projects.

To register with the Singapore Non-Profit Public**, you will need to provide a company name and the identity cards of two registrants.

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.