How to issue coins when a Singapore foundation is registered? Need a compliance legal opinion?

First of all, get an operating entity, which will generally register with the Singapore non-profit ** club, and then do legal compliance. Most exchanges now require you to be legally compliant. After that, the coins will be issued on the exchange.

Singapore is a developed capitalist country, known as one of the "Asian Tigers", and has become one of the important financial, service and shipping centers in Asia by virtue of its geographical advantages. Singapore is also the fourth largest international financial center after London, New York and Hong Kong. And because the whole city has a remarkable effect on greening and environmental sanitation, it is known as a garden city.

Singapore** will be a public guarantee company and is a non-profit required information:

**Meeting name: all capital letters, generally ending with Foundation Limited (Fund Ltd).

Registered capital: S$1.

Post-maintenance: annual review once a year.

After the registration is completed, the documents will be obtained: more than a dozen documents such as registration certificate, registration paper, articles of association, steel seal, flip print, 2 power of attorneys, and minutes of the first meeting.

Singapore** will be registered with the following conditions:

1. **Company name: provide the company name (nuclear name), and choose the name freely. The name ends with **.

2. Business scope: 1-2 business projects can be selected, such as software development, information technology services, asset management, etc.

3. Director information: scanned copy of the director's passport, at least two members are required, there are no shareholders in the public guarantee company, there are no shares, only members of the company, and the members will be reflected in the shareholder position in the company list, and both people have the right to decide. Clients who need at least one local Singapore director (Singapore Citizen or Permanent Citizen) and a compliant Singapore Secretary (Singapore Citizen or Permanent Citizen who is a Singapore registered secretary) can provide their own Singapore directors, or if they are unable to do so, we can also provide Singapore directors.

4. Registered capital: no capital verification is in place, with a minimum of S$1, and the process is handled at a minimum.

1. Prepare the company for registration and sign the agreement, 2. Prepare the final beneficiary statement, the articles of association, the declaration of the qualification of the directors, the declaration of the shareholders' shares, and the declaration of the identity of the directors and shareholders, and the above documents need to be signed by the directors.

3. Scan and verify the signed documents before submitting them for registration.

Registration time for Singapore** Club is 15-20 working days.

4. Obtain the company registration certificate, registration paper, articles of association, official seal, steel seal, establishment announcement, address announcement, nominee member authorization letter, business secretary power of attorney, first director resolution, lawyer documents, CD-ROMs, exquisite folders, and a full set of documents in exquisite document boxes.

Nature of Singapore**Club: Singapore **Club is a non-profit public guarantee company, this kind of company is a non-profit organization, each member bears the guarantee liability, the public welfare ** overseas projects are not taxed, and the Inland Revenue Authority of Singapore will not tax local capital injections and investments. Singapore companies or non-profit organizations are approved and registered by the Accounting and Enterprise Development Authority of Singapore (ACRA), and registered with the Singapore ** Club, which can be used as the main body of the project company to issue coins after registration, and it is also convenient for the project to do post-compliance.

With the rise of blockchain technology, it is accompanied by the rise and prosperity of virtual currency.

One. Reasons to register for Singapore** Club:

On September 4, ICO issuance was explicitly prohibited in China.

2. The project team needs overseas entities to issue coins.

3. Non-profit, in line with the needs of the project's issuance.

Two. Advantages: 1. Singapore** encourages the development of blockchain.

2. Singapore has a complete service chain.

3. The guiding role of high-quality projects in the early stage, such as Litecoin, Bittom, etc.

4. Recognition in the industry.

Three. How to Apply:

1.Registered company name: all capital letters, ending with it.

2.Provide information on at least 2 directors.

3.Two business areas are available.

4.Registration information available:

1. The registered address of the company.

2. One nominee director in Singapore.

3. Singapore lawyer auditor guarantee.

4. Secretary of Singapore.

Registration process: provide information - pay - submit signed documents - 10-15 working days to complete the registration.

1.The name of the Singapore** Club (all capital letters are required, ending with LTMITED LTD).

2.Provide the ID certificate (ID card or passport) of the 2 directors plus the address proof (xin card bill, utility bill).

3.Select the business area.

The registration process is generally about 10 working days.

At present, the main body of the blockchain project is landed in Singapore in the first form, which is the so-called Singapore non-profit ** association in the circle. The well-known Bitcoin, Huobi, and Bytom are all registered non-profit clubs, and their credibility will be higher.

There are three types of non-profit organizations in Singapore:

1.Public Guarantee****.

2.Societies. 3.Charitable trusts.

Advantages of doing blockchain registration Singapore** meeting:

1.Singapore is the blockchain center of the whole Asia, and it strongly supports blockchain technology and provides a good environment for blockchain companies to develop and exchange technology;

2.Flexible operation mode, compared with other regions, the establishment of Singapore** can not only operate business locally, but also be used to operate offshore business, which is convenient for capital operation;

3.Singapore has a strict approval system for registering Singapore, which can significantly improve the international recognition of blockchain companies established in Singapore;

4.Singapore regards the development of blockchain as a national development goal, assisting the capital market and liquidity, making it easier for blockchain companies to release blockchain projects and raise funds;

5.Singapore is geographically close to China, and has signed freedom agreements and investment guarantee agreements with many countries, including China, and has an excellent business environment and open and friendly policies to China.

Because of these advantages, the major blockchain international conferences have chosen to register in Singapore, and the current major Litecoin, Bitom Chain, and Bitfid will all land in Singapore, and there will be more blockchain projects released in Singapore in the future, and it is recommended that investors who want to enter the blockchain market lay out projects in Singapore as soon as possible to seize the opportunity.

Singapore** Registration Requirements:

1.**Meeting Name: Must be in all capital letters, ending with Foundation Ltd.

5.Company Secretary.

6.Nominee Director.

Information required for Singapore Non-Profit Association Company:

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.

Scope of business. Registered address.

Company Secretary.

The requirements for registering for Singapore** are as follows:

1.Company name: Singapore companies are registered in English, so they must draft an English name with the suffix pte ltd.。There are names of countries and sensitive industries such as finance, banking, transportation, etc., and the names need to be reviewed for a long time, up to 60 days.

2.Registered Capital: The Singapore Companies Act stipulates that the minimum registered capital for the establishment of a company is S$100,000 and the paid-up capital is S$1. Shareholders can decide to increase the registered capital and paid-up capital at any time by filling in the ** and paying a fee at the Registry.

The registered capital represents the limit of the share capital that the company can issue to the shareholders, within which the company can issue ** and require the shareholders to pay the amount subscribed for ** at one or more times. The subscribed and fully paid ** is the paid-up capital of the company.

3.Business scope: In principle, there is no big restriction on the business scope of a Singapore company. Regardless of the name of the company, as long as it is legal under the premise of operating any nature of business, such as: finance, health care, shipping, import and export**, real estate, construction, decoration, information network, clothing and textiles, tourism, cultural publishing, etc.;

Some companies that are more difficult to incorporate in other countries can be registered in Singapore.

4.Directors: At least two promoters (above 21 years old) or directors (corporate or natural, one of whom must be a Singapore Permanent Resident or Employment Pass holder).