2. Legal compliance: Singapore lawyers will issue supporting legal documents to ensure the non-security nature of the tokens issued by the project (review the white paper), and the project will be filed with the government in the name of the lawyer.
What is the role of a legal compliance opinion letter?
One: Make the project comply with Singapore’s regulations and declare it to Singapore MAS, so that you will not be afraid of being investigated in the future.
Two: Let investors believe that the company and project are compliant and increase investor trust.
Three: One of the documents required for project docking and communication.
What is the content of the legal compliance opinion letter?
1. Modification of the white paper (the lawyer modified the project white paper in accordance with the relevant regulations of Singapore to make the project comply with Singapore's existing laws on blockchain project management).
2. Proof of the non-securitized nature of the project tokens (proof that the issued project tokens are non-securitized)
3. Private placement agreement
4. Public Offering Agreement
Materials required to issue legal compliance opinions:
1.? Chinese and English project white paper (word document)
2. Director information
3. Information on major foundations in Singapore
Registration certificate?
Rules
Registration Documents
Singapore has friendly policies towards blockchain projects and has complete follow-up legal services, so this legal compliance opinion can be issued. It cannot be sent anywhere else. Singapore’s legal opinions play a relatively large role. After all, the processing fee is much cheaper than the licensing fee, so it is very attractive to domestic project parties!