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How to build a blockchain in China and see how the project is compliant?
At present, the popular blockchain business in China is suitable for operating on the non-profit organization platform of foundation nature. At the same time, the Singapore government not only provides policy support, but also stipulates that the blockchain foundation can be registered and managed by the Singapore Accounting and Enterprise Development Agency (ACRA) to obtain legal distribution projects, which is one of the reasons why the Singapore Foundation should be registered. And developers of blockchain projects all know that the Singapore government supports the development of blockchain. Good policy environment and mature market are mainly cost-effective, perfect follow-up legal services and reasonable prices.

Local lawyers in Singapore can issue relevant legal opinions to prove the compliance and legality of the project according to the needs of the project party. Advantages of Singapore Foundation;

1.? The most popular residential area

2.? The government's regulatory attitude towards ICO is very clear.

3.? Close to China, open and friendly policy.

4.? Shaping corporate public welfare image

5.? At a reasonable price

Singapore Foundation Registration: Provide the name of the company to be registered and the identity documents of two members, one of whom must be a member of Singapore nationality. This can be provided by the organization, and then choose two business areas.

1.? Company name: provide the company name (verified by the company free of charge), and the name is free.

1) must be an English name, and Chinese name registration is not accepted.

2) Registration can only be in English, ending with Ltd or LIMITED.

3) Registered capital: 1 SGD.

4) Business scope: Our company provides a list of projects for selection (no more than two items), and the business scope of special industries needs special government approval.

There are two kinds of charitable organizations.

1) is a community, such as hometown association, homecoming, etc. , mainly by charging membership fees to operate.

2) It is a charitable fund, which mainly supports specific groups through social donations and financing.

Information of shareholders and directors:

1) according to the actual fill in.

2) Share proportion

Registration time: 15-20 working days

The process of registering a Singapore company:

Sign the agreement-provide the establishment information-make the signing document-complete the signing-submit to the Singapore company for processing-complete the registration-send.