SAS Setup
Benefit from the unique advantages of El Salvador law and tokenize your company through a SAS vehicle (Simplified Shareholder Company).
El Salvador law
The best regulation for RWA
Other jurisdictions require allowlisting and verifying every address before it can receive a token, leading to overly complex standards that are incompatible with DeFi. El Salvador law solves this far more elegantly, without turning the tokens into bearer shares.
In El Salvador, all an issuer has to do to issue security tokens is fulfil the formalities — no financial intermediary such as a transfer agent or securities depository is required. The security token is the security, and transferring the token transfers the security. The token is the single source of truth for ownership of a share, from which the company builds the shareholder registry and determines who is eligible for shareholder rights.
Unlike many other countries, El Salvador has established explicit legal foundations for the issuance of security tokens. This eliminates any uncertainty around what constitutes a legally valid transfer, and makes its security tokens far more compatible with the decentralized spirit of blockchain technology.
The token is the security
Transferring the token transfers the share — the single source of truth for ownership and the shareholder registry.
No intermediaries
No transfer agent or securities depository required. Issuers only need to fulfil the formalities.
Built for DeFi
Explicit legal foundations remove any uncertainty around valid transfers — without bearer shares.
Full service package
You get:
- An El Salvador SAS company incorporated in San Salvador, with its capital denominated in US dollars.
- Freely transferable, DeFi-compatible ERC-20 tokens representing registered shares as defined in the El Salvador code of obligations.
- An investor relations page for your token under your own domain, so token holders stay informed and can register themselves as shareholders.
- Access to the Stakiny Corporate Dashboard to manage your shareholder registry and investor relations page.
- A digital shareholder registry with all personal data stored in El Salvador in accordance with national law.
- Access to all our audited token services: permits, token issuer and recovery services, on-chain enforcement of drag-along events, blacklisting and whitelisting, and more.
- A license to use the Stakiny widget to offer your shares for sale directly on your website.
- Fast-track access to future Digital Exchanges for trading security tokens with an order book.
- Complete flexibility in the cap table management of your operating company.
- All the further general benefits that make El Salvador the best jurisdiction for international RWA, with a very flexible tax system for token issuers.
By setting up a special-purpose vehicle in El Salvador to hold your company shares, you tap into the best possible jurisdiction to trade them as freely transferable tokens, fully compliant with the ERC-20 standard.
Interested?
Talk to us and we will contact you