El Salvador

El Salvadoran Business Corporation consists of<a href="https://www.cnr.gob.sv/" rel="nofollow">National Registration Center (CNR)</a>and the Ministry of Finance supervises according to law。Authorized registration entity (e.g. S.A.. or S.A.S.) to legally conduct international trade、Project contracting、Technology manufacturing and encrypted assets (BSP/DASP) and other businesses。The jurisdiction has a fully dollarized economy and no exchange controls，Provided in accordance with the law 15 to 20 Free Trade Zone (FTZ) Income Tax Exemption，And the minimum legal registered capital is only 1 U.S. dollars (S.A.S.) or 2,000 US Dollar (S.A.)，support 100% Wholly foreign-owned holding。Hong Kong Express provides applying entities with coverage of local corporate establishment、Permanent representative designation、Apostille notarization assistance and full-case legal agency services for local public bank account opening。

El Salvador’s Cryptocurrency Licensing System Follows 2021 The enactment of the Bitcoin Act and the subsequent Digital Asset Offering Act (LEAD) formally established。Statutory licenses are divided into digital asset service provider (DASP/PSAD) licenses regulated by the National Commission for Digital Assets (CNAD)，and a Bitcoin Service Provider (BSP/PSB) license registered by the Bank Central Reserve (BCR)。Licensed institutions enjoy legal rights in their activities in the field of digital assets 0% corporate income tax、0% capital gains tax and 0% VAT。Statutory application threshold requires minimum registered capital 2,000 USD (5% paid)，and must establish a local entity、Appointment of Resident Compliance Officer (MLRO) and Cyber ​​Security Officer。Hong Kong Huitong provides coverage for corporate establishment in El Salvador、Resident Compliance Officer Match、AML/KYC policy compilation and CNAD approval agency statutory full case agency services。