2. Legal compliance: Singapore lawyers will issue supporting legal documents to ensure the non-securities nature of the tokens issued by the project (review the white paper), and the project will be filed with the government in the name of lawyers.
What is the function of legal compliance opinions?
One: Make the project conform to Singapore's regulations and report to Singapore MAS, so as not to be afraid of being investigated in the future.
Two: let investors believe that this company and project are compliant and increase investors' trust.
III. One of the documents required for project docking and communication.
What are the contents of legal compliance opinions?
1. Revision of the white paper (the lawyer revised the project white paper according to the relevant regulations of Singapore to make the project conform to the existing laws on blockchain project management in Singapore).
2. Proof of the non-securitization nature of the project token (proof that the issued project token is non-securitization)
3. Private placement agreement
4. Public offering agreement
Materials required for issuing legal compliance opinions:
1.？ Chinese and English project white paper (word document)
2. Director information
3. Information about major foundations in Singapore
Registration certificate?
rule
register-file
Singapore has a friendly policy towards blockchain projects and perfect follow-up legal services, so this legal compliance opinion can be issued. I can't send it anywhere else. Singapore's legal opinions are of great significance. After all, the handling fee is much cheaper than the licensing fee, so it is very attractive to domestic project parties!