Plan for Entropy Formation - A BVI Company 1. Introduction Comprehensive plan for setting up Entropy, a BVI (British Virgin Islands) company. This document will outline the key steps, service providers, and strategies we will utilize to establish the company smoothly and efficiently. Entropy aims to become a reputable and successful entity that offers a reliable superchat solutions. 2. Registration and Incorporation To begin the process, we will use the services of Offshorecompanyregister.com, a renowned and trusted company specializing in offshore company registrations. Their package includes all necessary documentation and filings, ensuring a smooth incorporation process. The cost for their services will be $2080, with minor additional charges for services such as a mailing box. 3. Shareholders The Entropy team will be registered as the shareholders of the company in the BVI. Documentation and agreements will be established to ensure transparency and accountability among the shareholders. 4. Payment Processing For seamless and secure payment processing, we have chosen Adyen as our payment gateway provider. Adyen offers comprehensive solutions for businesses in the BVI and has received excellent reviews for its reliability, security, and flexibility. 5. Acquisition by a US Company We will then be acquired by a company in New Mexico that is owned by Forex Shark. To facilitate this process, we will engage the services of L4SB (Law 4 Small Business, P.C.). L4SB specializes in legal services for small businesses and startups, and specialize in anonymous LLC’s. Forex will be in touch with them to set up an attorney-client privilege to protect his identity and they will manage our legal documentation. Their services will range from $2000-4000 per annum. 6. Compliance and Regulation Adhering to BVI's laws and regulations is vital for the success and legitimacy of Entropy. We will retain the services of legal experts and compliance officers (L4SB) to ensure that the company operates within the legal boundaries set by the BVI authorities. This compliance will cover areas such as taxation, corporate governance, and data protection, among others.