Choosing a Country for DAO and DAO Legal Wrapper Registration
Decentralized Governance and Treasury Management Legal Structuring
Development of a DAO Constitution
What’s the purpose of this task?
You will need these legal works to create a liability and governance wrapper for your community of DAO members. When choosing a token-friendly country, the options usually fall to these 6 jurisdictions. Please click the button below to view and compare these countries.
Why do I need to complete this task? What will it allow me to do?
This will help you to:
• Define which countries offer the most friendly regulations for your type DAO
• Register a DAO
company
When do I need it? When is the best time to do it?
Before the DAO members vote for the 1st proposal of the DAO.
How should I do it? Are there any best practices?
The DAO Constitution is the first proposal that the DAO members will vote for. After that, this constitutional document might be used as a source of information for legal analysis and for choosing the most suitable country for DAO company registration.
What’s important to remember for this stage?
When looking for the most suitable country for DAO company registration it might be reasonable for the founders to consider the KYC requiremens for DAO members, the requirements to create and update the register of DAO members, and the flexibility of corporate law in their chosen country. This last factor might affect the possiblity of creating a proper decentralized governance model.
How much time does it usually take?
This depends on the country of DAO company registration. Tasks are usually completed within 4 to 8 weeks, however actual times vary depending on individual project requirements.
Prices for this task start from USD $5000
Prices for add-ons are indicative only. Final prices vary and are set by service providers from the Legal Nodes Network.
Add-ons are only available with a monthly plan from Legal Nodes.
Legal Nodes does NOT provide legal services. Instead, we provide Virtual Legal Officers to orchestrate your legal workload and manage relationships with your service providers. Plans start from $499 per month and gives you access to the Legal Nodes Network of service providers and add-ons, including this one!
