Where to set up a Holding Company

set up a holding company
Where to set up a Holding Company In the previous letter, we were discussing some of the major benefits of using a holding company and how it can be used for asset protection, risk management,

Where to set up a Securities Token Exchange

where to set up a securities token exchange
What is the best country to set up a Securities Token Exchange? Flag Theory Weekly Letter – Friday, January 11th, 2019 A few weeks ago we were discussing in this article why the crypto fundraising

Where to market a Tokenized Fund Offering

where to market a tokenized fund offering
Where to market a Tokenized Fund Offering Flag Theory Weekly Letter – Monday November 5th, 2018 In previous letters we talked about some of the most important factors when it comes to setting up a

在何处设立加密货币交易所–第二部分:在亚太区设立加密货币交易所

在何处设立加密货币交易所--第二部分:在亚太区设立加密货币交易所 Flag Theory周刊--2018年8月22日,星期三 在《在何处设立加密货币交易所》系列文章的第一个章节,我们讨论了在分析、比较和最终选择建立您的加密货币交易所的最合适的司法管辖区时,应考虑的一些最重要的因素。若您还未阅读,可以点击这里进行阅读。 在今天这一章节中,我们将直击重点,讨论一些亚太司法管辖区的关键因素。以下不是这些司法管辖区详尽的清单,但对于本系列文章,我们仅考虑那些提供一定监管确定性的司法管辖区。 在日本设立加密货币交易所 日本是接受比特币和加密货币的先行者,也是第一个对该行业进行监管的国家。 2017年4月,日本对《支付服务法案》(Payment Services Act)进行了审核,以适应这种新型的商业模式。日本的法规可能是全球最完整和最苛刻的。 交易所需要进行注册并获得金融服务管理局(Financial Services Authority,以下简称JFSA)的虚拟货币交易许可证(Virtual Currency Exchange License)。 这些法规不仅适用于在日本设立交易所的实体,同时也适用于任何接受日本居民作为其客户的交易所。 交易所的最低资本要求为1000万日元(约合9.3万美元),虽然实际上监管机构最关心的是交易所的运营资本是否足以满足其规模和预期的现金流转。 要获得运营资格,交易所的储备金必须至少为5000万日元(约合50万美元)。 交易所必须有严格的合规政策、健全的KYC/AML系统以及适当的合规人员和外聘审计师。 监管机构将对安全系统和协议进行仔细分析以确保最高的网络安全标准。 若交易所为外国公民所成立,那么他们应雇佣日本员工,特别是负责与监管机构沟通的代表。 许可证申请的准备过程通常需要六个月到一年的时间,完成申请后,JFSA将在2个月内决定申请结果。 对于那些希望在世界上最发达的加密货币市场建立加密货币交易所、拥有足够的资源和资格并且愿意承担高税负(日本的有效企业税税率最高可达34.60%)的企业来说,日本可能是最好的选择。 在纳闽岛设立加密货币交易所 纳闽国际商业和金融中心是一个声誉良好的自由贸易区,位于东马沙巴州海岸边的纳闽联邦直辖区内。 由于其拥有亲商政策和低税率,并且遵守尽职审查与透明度的国际标准,使得纳闽岛成为亚洲主要的金融中心之一。 纳闽岛的公司可选择为其交易收入缴纳3%的税收或者支付2万马币。投资收益无需纳税。 在2018年6月28日发出的通告中,纳闽金融服务管理局(以下简称FSA)表示有意吸引“创新金融服务公司”到该地区发展,包括涉及分布式分类账技术和加密货币的企业。 首先,交易所必须拥有适当的措施用于管理与洗钱和恐怖主义融资相关的风险,并受制于 Bank Negara Malaysia和纳闽FSA制定的要求和法规。 加密货币交易公司必须得到纳闽FSA的认可,并且必须申请和获得Money Broker许可。

Market capitalization, Corporate debt and National debt at record highs. Is a financial collapse coming?

financial collapse
The next financial collapse may be coming… Are you protected? Flag Theory Weekly Letter – Thursday, May 3rd, 2018 Last Friday I received a charming letter from my bank informing me that starting next month

Puerto Rico’s Act 20 amendment

Puerto Rico's Act 20 amendment We talked about how living abroad and claiming for the Foreign Earned Income Exclusion, you can earn $102,100 foreign-US source income tax-free (and up to $250,000 filing jointly with your

After the Bitcoin’s Fork…

After the Bitcoin's Fork... Well, time for a bit of: "I told you so" On July 25th, I made the recommendation to buy bitcoin ahead of the fork. Today bitcoin topped US$3,300. Cryptochi.com | Live

The ICO train continues unabated and the Bitcoin Fork

The ICO train continues unabated Two topics today, one is on bitcoin and the other on neverending ICO madness. If you go to http://coinmarketcap.com and click on assets you can see the total market cap across different assets.

Ride the wave on Japan’s new favorite trade…

japan bitcoin
Ride the wave on Japan's new favorite trade... Japan is (still) heading in the wrong direction financially [and putting their money into bitcoin]. A few months ago I posted my shock that the overnight rate

The Initial Coin Offering Madness continues

The Initial Coin Offering Madness continues The madness in ICO markets continues. As much as I’d like to write about something else, we are on an unprecedented series of events for entrepreneurship and startup financing.

Go East Young Man

Go East Young Man Hello from Hong Kong, Hong Kong is the epitome of east meets west. HK and Singapore are probably the two most interesting starting points for new fintech companies in Asia. Most