There are two kinds of registered companies in Singapore:
1, Singapore Fund Limited, ending with PTE. Type of limited liability company.
2. Singapore Foundation, ending with LTD, type of listed company
Companies are different in nature. Limited company is a joint-stock company, and the foundation does not contain shares, which is a public insurance type.
What type of foundation does the operation of blockchain digital currency need to register?
Our well-known big coffees, such as Bitcoin, Huobi and Biyuan, are all registered with charitable foundations, and their credibility will be higher.
If you need to issue coins for the blockchain ico, you need a professional lawyer to issue a legal opinion. Ordinary limited companies can't meet this requirement, only foundations can, and general ICOs need private placement, and ordinary companies can't meet this requirement.
So what information do you need to register the Singapore Foundation?
1, name of foundation (must end with LTD)
2. Identity cards, passports and other identification documents of the directors of the Foundation.
3. Identification documents of members of the Foundation