With the rise and maturation of blockchain technology,，Bitcoin、Bytom chain、New words such as ICO continue to refresh market awareness，Cryptocurrency is like a new continent, instantly becoming a blue ocean market，Many companies and individuals are rushing in，Get rich overnight。However，Singapore is a magical country，As Asia’s largest financial center，and highly liberal policies toward blockchain and virtual currencies.，became a blockchain、The best choice for registration in the ICO development industry。
Among all types of companies registered in Singapore，Non-profit public foundations are widely favored by the blockchain ICO virtual currency development industry，Below, Bajie Foreign-related Intellectual Property will introduce this organization in detail.，and relevant information such as registration conditions and application materials.。
Singapore companies or non-profit organizations are registered and managed by the Accounting and Corporate Development Authority of Singapore (ACRA)，Among them, non-profit public foundations are now widely favored by the blockchain ICO virtual currency development industry.，Below we introduce this organization in detail：How to register a Singapore foundation：Singapore non-profit foundations are usually registered as public companies，Such companies are non-profit organizations，Each member bears guarantee liability，There is no need to pay tax for overseas projects of public welfare foundations，The Inland Revenue Authority of Singapore will also not tax local capital injections and investments.。
one、Information required to register a Singapore public company：
- Articles of Association and Articles of Association
- Affidavit of Compliance
- Director’s Appointment Letter and Affidavit of Qualification
- certificate of identity
- Company registered address and office hours report form
- director、Company Secretary and Auditor's Schedules and Share Issue Records，It must be submitted within 1 month after the company is established.。
two、Basic conditions of the company's situation：
- Company name: Fill in the English name of the company，End with pte.ltd./limited as the concluding remarks
- No maximum limit on registered capital，There is no strict time limit for paying up capital
- Business scope Business scope is generally unlimited，Customers can fill in the information according to their own needs，The word count should not exceed 28 characters.、company director、shareholders
Require
：
- Company directors must be at least 1 person in an ordinary company，Public companies must have at least 2 people，All must have a Singaporean household registration or employment permit holder to serve as a director of the company (Bajie Foreign Intellectual Property can provide this)。
- The ratio of company shareholders to shares requires at least one person to serve as a company shareholder，Director and shareholder can be the same person if more than one person serves as shareholder，It is necessary to explain the proportion of shares held by each of them.、Other registration conditions：
- Company Legal Secretary Within 6 months after the establishment of the company，A company legal secretary must be appointed
- The company's registered address must have a local legal registration address in Singapore (Bajie Foreign Intellectual Property can provide this)
- Auditor within 3 months after the establishment of the Singapore company，A registered accounting firm must be appointed as the company’s auditor Private companies with income less than S$5 million，May be exempted from annual audit for five years、Registration time：It usually takes about 20 working days to process Bajie’s foreign-related intellectual property.，If the company name requires special approval，Time extension。
six、Annual inspection and tax filing A company must undergo an annual inspection every year after registration，If you are not operating in Singapore，No need for audit to file tax return。
Registration completed document details：
- Registration license (registration certificate)
- Registration details (registration paper)
- Nominal member authorization letter
- Establishment Announcement
- Commercial Secretary Authorization
- First board resolution
- Registered Address Announcement
- Stamp
- official seal
- Matters requiring registration of articles of association，Click on the Bajie foreign-related intellectual property official website：Singapore non-profit foundation registration
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