Sushi Master ICO

The SBH Law Offices team provided a comprehensive legal opinion on various issues related to the ICO in Belarus in relation to various types of tokens and the use of raised investments. Our experts analysed the regulatory issues regarding the issuance and purchase of tokens with regard to their types, including taxation and currency control issues. Particular attention was paid to the rights and limitations of individuals (investors from Russia, Kazakhstan and Ukraine) to acquire certain types of tokens in Belarus, as well as to taxation issues in the acquisition and sale of tokens. The legal opinion also dealt with the issues of registration as a HTP resident and legal requirements for companies wishing to register with the HTP and conduct an ICO. Based on the issues analysed, the client was provided with recommendations on how to develop the best corporate and contractual structure between the companies involved in the transaction that would ensure transparency and clarity for investors, as well as compliance with applicable laws.