Being interested in ICO (Initial Coin
Offering), many probably already know that this term was derived from the
abbreviation IPO (Initial Public Offering). The only difference is that:

• IPO – initial public offering of shares on stock
exchanges;

• ICO – instead of shares are crypto-currency tokens.
Here you can also include crowdfunding.

In short, the ICO technology of the project involves
the release of its own tokens and their sale to investors for crypto-currency
or fiat money.

WHERE TO REGISTER A
COMPANY FOR ICO?

In addition to the idea of the startup itself and
development team, it is very important to choose the right jurisdiction for the
ICO.

It is necessary to understand what kind of
“environment” and which country will suit your ICO project and the
company as a whole.

For future investors who will pay attention to your
ICO project, it will be important that the company conducts its ICO project
officially, and also thought through all the legal issues of protecting its
clients during the investment period.

To date, the most popular countries for the
registration of a company under the ICO project are:

• Singapore
• Estonia
• Switzerland
• Malta
• Gibraltar
• Japan
• Hong Kong
• United States

LEGAL
SUPPORT OF ICO

Our team of professionals will provide all the
necessary and qualified support and help you to start your business with the
corporate structure of the project, as well as prepare all necessary
documentation.

OUR LEGAL SERVICES FOR ICO:

• Selection
  of suitable jurisdiction for the company that launches ICO
• Obtaining
  a license for ICO (if necessary)
• Opening
  bank accounts
• Legal
  documentation for the website
• Preparation
  of agreements, contracts (between the beneficiaries, the tokenizer company
  and the operating company, as well as the purchase of tokens, etc.), the
  development of a bounty campaign
• Legal
  analysis of the project and legal opinions (including White Paper)

It is important to understand that in some countries
regulators can treat your tokens as a security, so a competent approach to
positioning and selling tokens to certain residents of different countries is
extremely important.

Based on this, sometimes just registering a company for an ICO can be enough. Currently, most civilized countries (for example,
the USA, Switzerland, Gibraltar, Lithuania and many others) need to obtain a
license before the ICO.

From our side, you will receive the best
recommendations regarding sanctions regimes when conducting a tokensale,
including the lists of OFAC and the Council of Europe.

The ICO project should be approached thoroughly, so to
be sure in the process of registration a company for the ICO project and not to
make a mistake, ask for help from our specialists. The above list of services
is not final, it is negotiated and selected according to the wishes of the
client individually.

SBSB monitors the latest trends and provisions of
legislation in the field of operations with crypto currency and the use of
electronic money in general, the organization of exchanges of currencies and online
exchange systems, the maintenance of the ICO procedure (Initial coin offer).

For over five years we have been advising our clients
in the field of corporate law, international tax planning, finance,
international licensing and integrated business support in more than 40
countries.