Legal structure

The structure that makes financing possible: $2,000 per asset

The legal structure is step 8 and the final step before fundraising. For $2,000 USD per asset, we create all the legal infrastructure needed for your operation to receive investment in a regulated, transparent, and secure manner.

This is the step where your asset goes from being a file on the platform to a formal, legally structured investment opportunity.

What is an SPV?

SPV stands for "Special Purpose Vehicle." In simple terms: it is the legal structure that isolates your financing operation from the rest.

In the standard structure, your operation enters as a segregated cell within DOB's vehicle. It is not a company exclusively yours: it is a legally independent compartment inside a vehicle that DOB already has incorporated and regulated. Each cell is ring-fenced, meaning legally separated from the vehicle's other operations. That's why sharing the vehicle does not mean sharing the risk: your operation and another operator's never touch.

Why a separate structure? For protection:

• For you: If something goes wrong with the investment, the cell isolates that obligation from your other businesses and personal assets. Investors cannot go after your personal wealth beyond what is committed in the operation.
• For investors: If you have problems in other businesses (debts, lawsuits, bankruptcy), the asset within the cell is protected. Their investments are not affected by situations unrelated to this specific operation.

It is a shield that protects both sides, and it is standard practice in structured finance and institutional investment.

Exclusive SPV (optional) — $25,000

If you prefer an entity incorporated exclusively for your operation, instead of a cell within the shared vehicle, you can opt for a dedicated SPV for $25,000 USD. It gives you your own independent company, with its own incorporation and governance. It's the option for large operations or for operators who need a standalone structure for regulatory, accounting, or investor-relations reasons. For most operations, the segregated cell within the shared vehicle offers the same protection at a fraction of the cost.

What does the legal structure include?

The $2,000 covers the complete creation of the necessary legal framework:

The vehicle structure

• Opening of your segregated cell within the DOB vehicle (or incorporation of an exclusive SPV if you contract one for $25,000)
• Registration and corporate documentation
• Designation of your operation's representatives
• Opening of your operation's operating accounts

Subscription agreements

The contract each investor signs when participating in your pool. It defines:

• Investment amount
• Agreed rate of return
• Financing term
• Investor rights and obligations
• Early exit conditions

Operating agreement

The contract between you as operator and the SPV. It establishes:

• Your payment obligations (monthly amortizing installment schedule)
• Your responsibilities for maintaining and operating the asset
• Reports you must deliver periodically
• Events of default and their consequences
• Restructuring procedures if necessary

Distribution schedule

A document that details exactly when and how much investors are paid:

• Monthly installment payment dates (principal + interest)
• Full amortization schedule
• Distribution procedure (how each investor's share is calculated)
• Payment mechanism (through the platform)

Regulatory framework

DOB Capital operates under the regulation of the Bermuda Monetary Authority (BMA), with a Class IIGB license. This means:

• Regulatory supervision. Our operations are subject to oversight by an internationally recognized financial authority.
• AML/CFT compliance. We follow strict anti-money laundering and counter-terrorism financing protocols.
• Disclosure standards. Investors receive complete, standardized information before investing.
• Fund segregation. Investor capital is kept separate from DOB Capital's operating funds.

The process

1. You pay the $2,000. Through the platform, with a credit or debit card.
2. Our legal team begins. Attorneys specialized in structured finance start preparing the documentation.
3. Review with you. Before finalizing, you review the main documents and resolve any questions.
4. Signing. You sign the necessary documents (digital process in most cases).
5. SPV incorporated. The entity is incorporated and ready to operate.
6. Pool activated. Your investment pool activates and you can begin fundraising.

Timelines

The legal structure typically takes between 2 and 4 weeks, depending on:

• The jurisdiction where you operate
• The complexity of the asset
• The speed of document review and signing

After the legal structure?

Once your SPV is incorporated and your contracts are ready, you are officially in the fundraising stage. You receive your shareable link for investors and can begin raising capital.

At this stage, fundraising fees apply:

• 1.5% of capital raised
• 0.5% of each distribution to investors

Take the final step

If your asset has already been validated (step 7) and received a Go decision, you are ready for the legal structure. This is the last step before you start receiving capital.

Go to my dashboard to start the legal structure for my asset.