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Can a blockchain company be established in Singapore?

Financial card care question

Can a blockchain company be established in Singapore? Register a Singapore company?

Advantages

  1. If profits from offshore business are not remitted to Singapore,No need to pay any tax,Only annual returns need to be submitted every year、and accounts audited by local accountants。
  2. Private companies whose annual revenue does not exceed S$5 million,The annual accounts do not need to be audited。
  3. Signed investment and double taxation protection treaties with many countries。
  4. No exchange controls,Easy to raise funds。
  5. politics、Stable economic and trade environment。 The most important thing now

Advantages

that is:Companies registered in Singapore can be used to do blockchain。 Information required to register a company in Singapore:

  1. Singapore company name
  2. Provide scanned copies of ID cards of 2 directors
  3. Registered address
  4. Business scope
  5. Registered capital

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Hong Kong Xintong focuses onHong Kong Securities and Futures Commission licenseHong Kong Insurance Broker LicenseHong Kong MSO Licenseandmoneylenders licenseApply for service,Assist customers to applyUS MSB license、NFA、RIA、Canadian MSB license、Mainstream overseas financial licenses such as Australia and Mexico,Support enterprises to achieve compliance expansion of cross-border financial business。Also availableCayman Islands Offshore Company Registration、Offshore fund establishment and global compliance operations and other services,Help enterprises expand their presence in international markets。Provide one-stop compliance solutions for enterprises。To learn more,Please contactHong Kong Information Communications Consultant

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Picture of Li Yunqing

Li Yunqing

Li Yunqing once served as a senior account manager for a licensed corporate service provider (CSP) in Singapore,Register with ACRA Company、Directors and Shareholders Declaration、Rich practical experience in equity structure establishment and tax declaration。She is familiar with Singapore business registration regulations、Annual filing and beneficial ownership disclosure requirements,and prepare for company compliance audits、Business record keeping regulations are very familiar。She has helped multiple multinational technology and fintech companies complete Singapore entity registration and ongoing compliance management.。

Areas of expertise:ACRA registration、Establishment of equity structure、tax declaration、business registration regulations、Beneficial Ownership Disclosure。

Previous institutions:Licensed CSP in Singapore & Corporate service organization

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