How to build the overseas main structure of blockchain?
The role of overseas structure:
(1) Avoid risks, facilitate legal compliance in the later period, and comply with current regulatory policies.
(2) Keep confidential, better protect investors' information and avoid risks.
First of all, blockchain ICO is usually based on non-profit foundations, because the nature of non-profit foundations is more in line with the spirit of blockchain. At present, blockchain ICO projects that go out to sea usually choose to register with the Singapore Foundation. The advantages of Singapore Foundation are as follows:
The main advantages of non-profit foundations:
1. The image of Singapore non-profit foundation is more in line with the blockchain spirit. As the center of blockchain in Asia, the Singapore government supports the development of blockchain industry;
2. The famous Biyuan Chain and Quantum Chain are registered with Singapore Foundation;
3. The blockchain ICO market is mature and the legal services are perfect. Singapore non-profit foundation can issue relevant legal opinions later;
4. Coupled with the close geographical advantage, it has become the only safe and convenient choice for the blockchain project in China. With the experience of pioneers, the Singapore market has included more than 30 registered companies related to blockchain business, including Litecoin, Huobi and Bitcontinent, covering major blockchain companies in Singapore and Singapore/blockchain projects in China.
With non-profit foundations as the main body, you can choose
(1) is directly controlled by the actual controller.
(2) Holding shares through offshore company structure
Why choose an offshore company? Let's talk about the benefits of registering an offshore company first.
Some domestic giants, such as Ali, Teng Xu, Shanda Network, Xiaomi and Haidilao, have set up overseas IPO structures by registering offshore companies on the island.
Advantages of registering offshore companies in the islands:
1, completely tax-free system
2. The company's information confidentiality (high confidentiality) is good.
3. The overseas IPO is flexible in structure and operation, which is conducive to listing.
4. Free naming (Chinese can be added)
5. There is no foreign exchange control.
6. There is no specific business scope.
In the later stage, Singapore Non-profit Foundation can issue relevant legal opinions and do legal compliance to prove that the company's operation conforms to the current laws in Singapore.
The main contents of the legal opinion:
1. white paper modification: modify the white paper of the project that does not comply with Singapore laws and regulations, and the lawyer will issue professional legal compliance opinions.
2. Certificate of non-securitization of tokens: the lawyer issues a professional legal opinion stating in detail that the tokens issued by the project are not securities.