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Cryptocurrency License in Singapore - Obtain Cryptocurrency License from Singapore.

If you are wanting to apply for Cryptocurrency License for Singapore, then, our experienced and affordable licensing services for Singapore`s Cryptocurrency License are tailored for you.

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Apply for Cryptocurrency License of Singapore with best consultants for Singapore.

Apply for Cryptocurrency License

We are the best licensing service provider for Cryptocurrency License of Singapore, if we accept an application, then our aim is to provide 100% SUCCESS!

Introduction for Singapore providing Cryptocurrency License

The support of the Monetary Authority of Singapore (MAS) of August1, 2017 reflected a increasing popularity of token offers/ICO companies.MAS offers two routes, according to the latest announcement of its regulatory stance on tokens, the option of which will depend on specifics of specific business tokens.

Singapore, city-state situated at the southern tip of the Malay Peninsula, around 85 miles (137 kilometers) north of the Equator. It comprises of the precious stone formed Singapore Island and somewhere in the range of 60 little islets; the principle island involves everything except around 18 square miles of this consolidated zone. The fundamental island is isolated from Peninsular Malaysia toward the north by Johor Strait, a limited channel went across by a street and rail thoroughfare that is the greater part a mile long. The southern furthest reaches of the state go through Singapore Strait, where anomalies of the Riau-Lingga Archipelago—which frames a piece of Indonesia—stretch out to inside 10 miles of the primary island. Singapore is the biggest port in Southeast Asia and one of the busiest on the planet. It owes its development and success to its central situation at the southern limit of the Malay Peninsula, where it rules the Strait of Malacca, which associates the Indian Ocean toward the South China Sea. 

When a British province and now an individual from the Commonwealth, Singapore originally joined the Federation of Malaysia on its arrangement in 1963 however withdrew to turn into a free state on August 9, 1965. Nearly 66% of the principal island is under 50 feet (15 meters) above ocean level. Timah Hill, the most noteworthy culmination, has a height of just 531 feet (162 meters); with different pinnacles, for example, Panjang and Mandai slopes, it frames a square of tough territory in the focal point of the island. Toward the west and south are lower scarps with stamped northwest-southeast patterns, for example, Mount Faber. The eastern piece of the island is a low-level cut by disintegration into a multifaceted example of slopes and valleys. These actual units mirror their geologic establishments: the focal slopes are framed from stone shakes, the scarp lands from profoundly collapsed and blamed sedimentary rocks, and the eastern level from uncompacted sands and gravels. 

 

Singapore is in the tropical storm area of Southeast Asia, and its atmosphere is portrayed by consistently high temperatures and almost steady precipitation consistently. The normal month to month temperature changes from about 81° F (27° C) in June to 77° F (25° C) in January. The day by day range is fairly more prominent, averaging about 13° F (7° C). Singapore’s oceanic area and consistent mugginess, in any case, keep the greatest temperatures generally moderate: the most noteworthy temperature ever recorded was just 97° F (36° C). The seasons are characterized by the overall rate of precipitation, which, thusly, is dictated by the developments of the storm air masses. The wettest and windiest period is during the upper east rainstorm (November–March), with precipitation arriving at a normal month to a month high of in excess of 10 inches (250 millimeters) in December. Then again, the time of minimal measure of precipitation and the lightest breezes is during the southwest storm (May–September), with precipitation dropping to a month to a month low of under 7 crawls in July. April and October are inter monsoonal periods described by lazy air developments and serious evening showers and rainstorms. By and large, Singapore’s precipitation midpoints around 95 inches every year, and downpour falls some place on the island all year long.

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Apply for Cryptocurrency License

How we help with Cryptocurrency License in Singapore?

Licensing Services and details for Cryptocurrency License Singapore

Incorporation: 1-2 weeks

Application to MAS: starting from 3 weeks

Minimum paid up capital: SD 1.00

 

Overview

In Singapore, virtual currencies are not controlled under their own; however, the Singapore Monetary Authority (MAS) considers that digital tokens are beyond a virtual currency primarily due to high money laundering/terrorist financing and possible scam risks involved in ICO operations. The legal status of tokens will therefore depend on whether they are regarded as “securities” under the Securities and Futures Act.. 

If particular retail tokens fall within the scope of “securities” as specified in the SFA, licensing under the SFA and the Financial Advisers Act will be subject to the issuers and intermediaries of such tokens.

A detailed prospectus/business plan/description of a particular business model for an ICO set-up and tokens to be sold must be provided by the applicant for licensing reasons.

There are few unique criteria applicable specifically to the set-up and issuance of ICO tokens, as the industry is not properly regulated, but particularly strict due diligence procedures will take place with respect to all individuals and/or legal entities associated with a company-applicant in order to maximally eliminate risks associated with such a form of business operation.

In addition, the business operation must be explained in as much detail as possible, and if this happens during the review of an application by MAS, additional clarifications must be provided.

Why us for licensing of Cryptocurrency License Singapore?

“Your one stop licensing partner for all your business needs and requirements.”

When you hire us to obtain Cryptocurrency License of Singapore, also known as, Cryptocurrency Licenseof Singapore, Cryptocurrency License of Singapore and Cryptocurrency License of Singapore you can rely on us for our honest effort and support for getting your Cryptocurrency License of Singapore to achieve your business objectives with our surety that “Your relationship is more important for us than money because we earn relationships, money automatically follows, as we all have to earn but you and our clients are very important, that is why we get so many repeat clients and referrals. We dominate the market for Cryptocurrency License services in Singapore making us number 1 choice of companies looking for Cryptocurrency License Singapore due to our efficiency and low cost licensing services for Singapore`s Cryptocurrency License.

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If you are looking for a complete licensing and business solution.

Need to Know – Features and Licensing Criteria for Singapore`s Cryptocurrency License

  • Information and requirements to apply for Cryptocurrency License of Singapore

    Company structure

    • At least one shareholder in the business (can also be a legal person, no nationality restriction or residency restrictions)
    • At least one director (only a natural person, at least one person must be a Singapore resident/holder of a Singapore work pass)

    Confidentiality

    • Details of Beneficiary Owners –Not part of the public record (new regulation requiring disclosure of BOs is expected)
    • Shareholders’ information – Part of public record
    • Information of the Directors – Part of the public record

    Taxation

    Corporate tax rate – 0%

    Income from Singapore –17 percent (standard local corporate tax rate)

    Accounting requirements – Submission of annual accounts is needed

    Audit – will be needed

    Secretary – Registered secretary is needed

    Registered office – will be needed

    Registered Agent – will be needed

    Resident Director – will be needed

    Company name

    • Language: Any
    • Letters: From Roman alphabet
    • The name of the company shall finish with the following sufixes or their abbreviations:
  • Procedure to acquire Cryptocurrency License of Singapore

    The following steps will be taken to acquire a licence:

    • The client shall have the necessary documentation for the preliminary assessment of the review
    • If the structure and officers of the proposed company are confirmed, Offshorelicense Ltd. shall continue with the incorporation of the Singapore company.
    • Upon receipt of corporate documents, Offshorelicense Ltd. shall continue with the opening of the bank account.
    • When applied for the services of Offshorelicense Ltd., it is possible to obtain professional assistance in the preparation of the business plan, related policies and manuals (based on factual information provided by the client)
    • Offshorelicense Ltd. shall proceed with the application of a licence application to MAS.
    • Upon receipt of any input from MAS, Offshorelicense Ltd. either responds or amends the application accordingly before the final decision of MAS has been taken.
  • Documents required to get Cryptocurrency License of Singapore

    In order to secure an operator, the Offshore License will fill out all the necessary application forms and will also obtain apostilled corporate documents. 

    Please provide us with the following documentation for this purpose.

    • A notarized copy of valid passport (each of Director and/or Shareholder)
    • Copy of proof of residence address (e.g. utility bill not exceeding 3 months for each director and/or shareholder)
    • Bank reference required(each of Director and/or Shareholder)
    • Two professional reference Letters
    • Proof of source of funds for Gambling License
    • Notarized non-criminal records
    • Signed and Dated CV required for Gambling License
    • Notarized copies of Diplomas

    N.B.

    • If the documents are not in English, a notarized translation must be given..
    • Please be out that the notarization is done in English.Please have a notarized English translation if not.
    • The shareholder, director or executive officer of each applicant corporation must be fit and fit to hold that position.

    The regulatory authority or the local bank can require additional documentation at any time to certify relevant details.

  • Disclaimer for Licensing in Cryptocurrency License Singapore

    Note* Our Company is totally against Money Laundering, Drug Trade in Cryptocurrency License Singapore, Terrorism and Human Trafficking in Singapore Cryptocurrency License, hence, WE DO NOT SUPPORT SUCH CLIENTS.

    We follow FATF rules very strictly for our Cryptocurrency License services for Cryptocurrency License Singapore.

    We do not support or provide our Cryptocurrency License service for Singapore to below mentioned category(s) of businesses:

    • Licensing services for Cryptocurrency License Singapore are not provided to Traders, distributors or manufacturers of arms, weapons, ammunitions, mercenary or contract soldiering who want to do get a Cryptocurrency License in Singapore.

    • Cryptocurrency License service for Cryptocurrency License of Singapore is not provided for Technical surveillance or bugging equipment or industrial espionage who want to apply for Cryptocurrency License in Singapore and use our Cryptocurrency License services in Cryptocurrency License Singapore.

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    We also do not support or provide our crypto exchange license service for Singapore to below mentioned category(s) of businesses:
    • Licensing services for crypto exchange license Singapore are not provided to Traders, distributors or manufacturers of arms, weapons, ammunitions, mercenary or contract soldiering who want to do get a crypto exchange license in Singapore.

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    We also do not support or provide our blockchain license service for Singapore to below mentioned category(s) of businesses:
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    We also do not support or provide our digital asset license service for Singapore to below mentioned category(s) of businesses:
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    Important Notice : Million Makers has taken reasonable care in researching and providing information for Cryptocurrency License in Singapore, at the same time we do not accept any responsibility(s) for any financial or other loss or damage that may result from its information or services to acquire Singapore Cryptocurrency License. Users of the site are advised to take appropriate professional advice before committing themselves to involvement with licensing services Cryptocurrency License Singapore.

Other Jurisdictions for Licensing

Apart from Cryptocurrency License in Singapore, we also provide licensing for below mentioned categories and in various jurisdictions.

*Note : If you are looking forward for licensing services in a country, which is not listed on our website please Contact Us, we might be able to service and fulfil your requirements.

*Note : Our Company is totally against Money Laundering, Drug Trade, Terrorism and Human Trafficking, hence, WE DO NOT SUPPORT SUCH CLIENTS.

Our Featured Services for Singapore Cryptocurrency License

When you apply for Cryptocurrency License with us for Singapore, we also offer extensive support which starts with licensing in Singapore but extends to HR support in Singapore, bank account opening payment processing in Singapore just to name a few.

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Other Services offered by us

Along with Cryptocurrency License for Singapore

Other Featured Services for Singapore Cryptocurrency License

When you apply for Cryptocurrency License with us for Singapore, we also offer extensive support which starts with licensing in Singapore but extends to HR support in Singapore, bank account opening payment processing in Singapore just to name a few.

Years of experience with Licensing Services for Singapore and total business solution!

Company Registration

We have largest company registration services for Singapore and 108 Countries.

Bank Account Opening

Our licensing consultants also help with bank account opening in Singapore and 108 countries.

Payment Processing

Apart from licensing services for Singapore, guidance is provided for accepting payments online.

Virtual phone number

We provide VoIP phone number to clients in Singapore and all around the globe with enterprise level quality.

Virtual Address

Apart from Forex license we also provide virtual address to choose from 66 beautiful locations worldwide.

Business for sale

Need an existing business for sale in Singapore, our licensing agents can connect you with our specialists in Singapore.

Human Resources

Our Human Resources Consultants in Singapore provide specialized solutions, after your Cryptocurrency License.

Post jobs

Start New business

Apart from Cryptocurrency License we support our clients for Singapore with comprehensive assistance for starting new business in Singapore.

Accounts Outsourcing

Best accountants in Singapore are available 24 * 7 for any accounting support for Singapore. We provide accounts outsourcing services in 106 countries!

Ready-made company

Best in the class support for ready-made company in Singapore and 109 Countries.

Entrepreneur immigration to Singapore

Looking for entrepreneur immigration to Singapore, use our services for 107 countries contact us for free consultation.

Work visa for Singapore

Planning to place your key employees in Singapore and need support for work visa for Singapore for directors or employees.

Software and Web Development

Successfully helped our clients for software development and web development in Singapore and 109 countries with blockchain, IOT, web, ecommerce and apps at very affordable prices with best enterprise grade quality.

Best cryptocurrency and wallet software development.

Projects Accomplished till April 2021

6000+

“International Knowledge for your success!”

Professional Guidance for Cryptocurrency License in Singapore

Request free consultation for Cryptocurrency License obtaining services in Singapore.


FAQs – Cryptocurrency License in Singapore

Issuing authority for Singapore, Cryptocurrency License : Financial Services Authority of Singapore
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