As one of the most convenient countries to do business in the world, Singapore is also the headquarters of more than 600 local and foreign financial institutions, which provides various convenient conditions for entrepreneurs to invest and start businesses. According to the global competitiveness report released by the World Economic Forum in 20 14, Singapore ranked second in the world for four consecutive years, and 130 was superior to the United States, 9370 and Hong Kong. 6 165 has obvious international competitive advantages in innovation and enterprise efficiency. Therefore, many large enterprises in China regard registering their companies in Singapore as the first step to the world.

Singapore company registration, usually, the company can not officially start business until it is successfully registered. However, if the company is engaged in an industry that requires the approval of other government regulatory authorities in Singapore, it must obtain the permission of the relevant government regulatory authorities before it can conduct business. If catering needs to apply for the license of Singapore Ministry of Health, tourism needs to apply for the license of Singapore Tourism Bureau, and medical industry needs to apply for the license of Singapore Health Science Bureau.

At present, the main body of the blockchain project is Singapore's public guarantee company, which is also known as the Singapore non-profit foundation in the circle.

Singapore Foundation Registration Process:

1. Fill in the registration form of charitable foundation (Limited).

2. Fill in the name of public welfare foundation (Limited): XXXX Limited.

There is a law in Singapore that the name of charitable foundation (Ltd) must conform to the uniqueness of the market, so it is better for charitable foundation (Ltd) to give three names. We will register from the first name, such as XXX Foundation Ltd If the conditions are not met, we will choose the second name, and so on. If none of them can be used, we will suggest to choose a new name.

3. Fill in the business of public welfare foundation (Limited Company).

According to the laws of Singapore, each charitable foundation (Ltd) can register at most two enterprises. Of course, there is also a business allowed. Because the Singapore government has stipulated various business types, you can provide the content of our business. We can help you choose a similar established enterprise and confirm it with you before we register, or you can choose from the following commonly used enterprises and enterprise supplementary materials:

4. If the address is provided by our company, the registered address does not need to be filled in.

5. Fill in the details of directors/members:

A director is defined as a company legal person. According to the laws of Singapore, each charitable foundation needs to provide at least two legal persons, including local legal persons, and we require applicants to provide information on at least two foreign legal persons. Specific information provided will be described below. The definition of a member is a registered member of a public welfare fund. Applicants need to provide at least two foreign members. Of course, the previous two foreign legal persons can also be members. Because it is a non-profit organization, members need to guarantee a certain amount during the registration process. It is suggested that 1 SGD be guaranteed at the beginning, and increased as needed later. Finally, you need to fill in the personal information of each legal person or member, and please fill in the passport number for the certificate number.

After the foundation is registered, relevant lawyer documents are needed to prove the legality of the project and the attributes of the tokens issued.

Commonly known as "legal opinions", let me introduce the legal opinions of lawyers on blockchain projects:

1. According to the regulatory regulations of Singapore, issue a legal opinion to prove the non-securities nature of Token.

2. White Paper Legal Compliance Lawyer's Opinion

3. Private placement clause

4. Public offering terms, website publicity and disclaimer

Step 5 Prepare English White Paper

6. Including all legal consultation, scheme design and resource docking during the project.

7. Service documents between the fundraiser (foundation) and the operating entity.