Transferring personal crypto to a Cyprus company

[oscarburroughs79]

Hi,

Suppose I own cryptocurrencies as an individual and I want to cash out to FIAT through Cyprus LTD (which doesn't own these assets yet). What is a legal way to transfer personal crypto assets to a Cyprus company (and later sell them to FIAT and pay corporate tax rate).

Also, is there are any clearance on whether crypto to crypto trading, including stablecoins, such as USDT/USDC, is taxable in Cyprus (individual or corporate).

Thanks.

 

[JohnnyDoe]

@CyprusLawyer101 can help you with that

Toggle signature

@JohnnyDoe ”“ Your #1 Source for Guidance in Different Offshore Fields​

 

[wellington]

Surely you give them a $/Euro etc value and just price that in as a loan/investment.

Like anything else.

 

[CyprusLaw]

oscarburroughs79 said:
Hi,

Suppose I own cryptocurrencies as an individual and I want to cash out to FIAT through Cyprus LTD (which doesn't own these assets yet). What is a legal way to transfer personal crypto assets to a Cyprus company (and later sell them to FIAT and pay corporate tax rate).

Also, is there are any clearance on whether crypto to crypto trading, including stablecoins, such as USDT/USDC, is taxable in Cyprus (individual or corporate).

Thanks.
Click to expand...

Who have been assisting clients for a few years now on these matters, would be happy to PM you about this.

 

[Tomy223]

CyprusLaw said:
Who have been assisting clients for a few years now on these matters, would be happy to PM you about this.
Click to expand...

Sorry for bumping. Can you PM me please. I need a custom set up..

 

[JohnLocke]

CyprusLaw said:
Who have been assisting clients for a few years now on these matters, would be happy to PM you about this.
Click to expand...

Would be nice if you upgrade your account to mentor group gold to comply with the forum rules. You didn't get a warning as of yet, but soon you will if you continue this way and don't upgrade. If you are a crypto guru it should not be a problem for you to pay that fee with crypto.

Let this be a friendly and public warning, the last one!

Toggle signature

>> Unlock the Power of OffshoreCorpTalk: Become a Member of the Mentor Group Gold <<​

Latest Video Interviews, Offshore Company Resources, Payment Processing Tips & Tricks, Articles and Anonymity Hints only a click away!
Support the Freedom of Speech of our Community

Disclaimer: Nothing I say should be taken as tax, legal or financial advice. Anything I say is for general informational purposes only. Always seek independent professional advice.​

 

[Siggi]

oscarburroughs79 said:
Hi,

Suppose I own cryptocurrencies as an individual and I want to cash out to FIAT through Cyprus LTD (which doesn't own these assets yet). What is a legal way to transfer personal crypto assets to a Cyprus company (and later sell them to FIAT and pay corporate tax rate).

Also, is there are any clearance on whether crypto to crypto trading, including stablecoins, such as USDT/USDC, is taxable in Cyprus (individual or corporate).

Thanks.
Click to expand...

Did you receive any answers on your question?