My friend runs a crypto SaaS and is looking for payment processing through Stripe. Since it's just a crypto research tool, I think the banks should be okay with that.
He doesn't want to incorporate in the US or the EU. He recently registered a RAK DAO in the UAE, but it didn't work out.
I'm trying to help him find the best country for reliable banking, outside the US and preferably not in the EU, with low taxes and suitable for UAE residents.
I'm considering Hong Kong or Singapore. Which would be the best option in terms of annual costs and banking? Airwallex is fine, but I'm concerned that managing these companies might be expensive due to costs like secretarial services, audits, and accounting.
What would be the most cost-effective jurisdiction?
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I'm not a tax advisor, so please don't consider my posts here as tax advice. Always seek a professional opinion.
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Business Bank Account for your US LLC Remotely
He doesn't want to incorporate in the US or the EU. He recently registered a RAK DAO in the UAE, but it didn't work out.
I'm trying to help him find the best country for reliable banking, outside the US and preferably not in the EU, with low taxes and suitable for UAE residents.
I'm considering Hong Kong or Singapore. Which would be the best option in terms of annual costs and banking? Airwallex is fine, but I'm concerned that managing these companies might be expensive due to costs like secretarial services, audits, and accounting.
What would be the most cost-effective jurisdiction?
Toggle signature
I'm not a tax advisor, so please don't consider my posts here as tax advice. Always seek a professional opinion.
___
Business Bank Account for your US LLC Remotely