How to Launch an ICO in Singapore

Описание: If you want to create an Initial Coin Offering in Singapore, our agents can help you. You can read about the requirements in our article:
https://opencompanysingapore.com/init....
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Register a Company

The first step to launch an Initial Coin Offering (ICO) is to register a company in Singapore.

Create the ICO

In order to create an ICO, an investor will need a project that provides for how the digital currency will be used.

ICO Whitepaper

In order to obtain its license, the investors must create a whitepaper explaining the purpose of their activities.

Licensing

A Singapore Initial Coin Offering must be authorized by the Monetary Authority in the city-state.

Types of Licenses Available

The cryptocurrency exchange license is one of the most popular permits obtained for ICOs in Singapore.

Platform Creation

Digital currencies can be traded through specialized platforms, such as:
• proprietary websites;
• exchange platforms.

Taxation

Cryptocurrency companies must pay the corporate tax, however, they are exempt from:
• capital gains taxes;
• sales taxes.

Contact Us

If you need assistance in setting up a company in Singapore to launch an ICO, contact our local specialists.