Legal support for ICO
Legal support for ICO
Comprehensive legal support for ICO is an integral part of any successful project. IT Offshore specializes in working with complex projects of companies, engaged in the field of information technology, advising on tax planning and financial regulation.
The company's specialists are result-oriented and have a great experience in the legal and tax support for high technology companies, international law, finance and investments fields.
Legal support for ICO can be divided into several stages:
Cryptocurrencies regulation analysis in relation to the platform activities
At this stage, our experts will make preparatory actions:
- Preliminary token utility assessment.
- Possible jurisdictions list identification.
- Harmonization of criteria for assessing jurisdictions with the Customer.
- Definition of regulatory and tax restrictions for the Customer’s structure.
Achieved result:
Drivers and restrictions for the project implementation are defined.
Project token’s optimal legal construction development
The following steps will be taken during the work:
- Project’s utility token preliminary construction development.
- Regulatory analysis in terms of applicable jurisdictions.
- If necessary, structure adjustment in order to maximize token utilitarian effect in the specified jurisdictions.
- Answers development to legal questions in chat rooms during the project marketing.
Also, a map of regulatory features will be developed for further development of the project, including:
- jurisdictions list which allows the project marketing.
- Restrictions by the participants nationalities on tokens sale and their compliance order.
- Requirements for KYC.
- Requirements from the legislation on countering money-laundering.
- Other restrictions.
Achieved result:
An optimal utility token construction and a detailed regulatory restrictions map are developed.
The project corporate and tax structure development:
Our experts will choose the jurisdiction for the tokens sale. The description of the structure of possession offered to the Customer for consideration will include:
- CFC rules analysis applied to the platform owners.
- Information disclosure analysis about beneficiaries from the point of view of the Common Reporting Standard.
- Recommendations on the ownership structure.
- Project ownership appropriate option development.
- bank or payment institution selection for opening a current account, depending on the jurisdiction approved by the Customer.
Achieved result:
Detailed structure for the project ownership and management is being developed while considering the tax consequences.
Legal documents preparation for token sale and project maintenance during the token period:
- WhitePaper project’s legal part development in accordance with the Customer’s requirements.
- legal documents development for the project tokens buyers, which includes:
- General Conditions for the tokens sale.
- Privacy Policy.
- Agreement on SAFT tokens sale.
Achieved result:
Whitepaper’s legal part development and coordination together with the Customer. Other legal documents development and coordination together with the customer. Token sale in accordance with legal norms.
Ready-made companies with bank accounts
Or you've already got own business and there is a need to expand the scope of activities. To avoid the loss of time and effort to register juridical individuals, you can arrange a ready-made company. You will have a fully prepared company with a package of documents, which is mandatory for conducting a full-fledged activity.
Companies with licenses
Buying a ready-made company is the best option for operational business development in a new industry, as well as the need to expand the scope of the existing organization increase its scale. Acquisition of a company with mandatory permits and license means the ability to enter a new market in a short period of time.
Banks
Acquisition of a ready-made bank allows you to save time, as well as quickly carry out all reissuing operations. On average, the procedure takes about one day. As a result, the client becomes the head of the bank, which already has a client base, as well as status in the market and ready staff. Our company conducts all operations in accordance with existing legislation.
Funds
Investment fund is a modern investment tool designed for all types of assets. The purpose — managing of assets as well as solving number of tasks in a way that works best for individuals. There is no open subscription, meaning that a private investment fund has a closed structure. This is the most optimal solution for distributing capital through broad instruments.
SEMI for sale
When conducting business related to foreign exchange transactions, electronic money and cryptocurrencies, it may be necessary to open a financial company with a SEMI license. This type of license covers the production of debit cards and cryptocurrencies, the acceptance and sending of payments, the execution of transfers from third parties, and the opening of merchant accounts.
Crypto Offshore
When working with cryptocurrency it is important to choose the right country, where it is most profitable to open a company. Each country has a different attitude towards this type of currency. A country that has a loyal or positive attitude towards cryptocurrency can be called a crypto-offshore.
