Offshore LLC to register on Crypto CEXes

[gonliss]

Don't need bank account, just an offshore company to register on Cryptocurrency Exchanges, depositing and withdrawing crypto only.
No accounting + optionally a possibility to buy online services (servers at hetzner etc.) without a tax.
How would I go about finding the correct jurisdiction (thinking about Marshall Islands) and register agent?

Thanks for advice.

 

[wellington]

Bahamas... No Tax, No Accounting...

 

[gonliss]

And how would I go about finding a trusted register agent? Plenty of services advertising online. Anyone able to recommend something?

 

[JackAlabama]

im also curious whats a good solution for this these days.

 

[ActionMan]

JackAlabama said:
im also curious whats a good solution for this these days.
Click to expand...

a US LLC coupled with kraken is very sufficient, we have 20,000,000 USD cash limit per day, and 200 m per month with them.

very good for us and our clients.

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Payment Processing ✓ | Offshore Bank Accounts ✓ | â‚¿ Crypto On-Off Ramping Services ✓ | High-Risk Industries ✓​

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Russian, LATAM and MENA : SBP, Visa/MasterCard/JCB/MIR?/wallets available | local OTC/e-wallets available per request.​

 

[TheCryptoAnt]

gonliss said:
Don't need bank account, just an offshore company to register on Cryptocurrency Exchanges, depositing and withdrawing crypto only.
No accounting + optionally a possibility to buy online services (servers at hetzner etc.) without a tax.
How would I go about finding the correct jurisdiction (thinking about Marshall Islands) and register agent?

Thanks for advice.
Click to expand...

Any 'classic offshore' jurisdiction works in this case; Seychelles, Saint Vincent, Bahams, Cayman, etc etc

Saint Vincent goes for around 500 first year and 350 in renewals and provides 0 tax and 0 accounting.
Seychelles a bit more expensive but usually you get better agents that dont take 3 weeks to reply to an email.

Bahams, Cayman, etc are better in paper as they are more solid jurisdictions but they are more expensive and if you have no customer then who cares? aint nobody judging your jurisdiction.

 

[ActionMan]

TheCryptoAnt said:
Any 'classic offshore' jurisdiction works in this case; Seychelles, Saint Vincent, Bahams, Cayman, etc etc

Saint Vincent goes for around 500 first year and 350 in renewals and provides 0 tax and 0 accounting.
Seychelles a bit more expensive but usually you get better agents that dont take 3 weeks to reply to an email.

Bahams, Cayman, etc are better in paper as they are more solid jurisdictions but they are more expensive and if you have no customer then who cares? aint nobody judging your jurisdiction.
Click to expand...

Why not consider a US LLC? Pairing it with Kraken (offering the best limits and fees in the space) alongside a US or offshore bank account is a no-brainer, in my view. It's a straightforward and seamless solution.

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One-Stop Solutions​

Payment Processing ✓ | Offshore Bank Accounts ✓ | â‚¿ Crypto On-Off Ramping Services ✓ | High-Risk Industries ✓​

Let's connect: DM me on Telegram HERE

Russian, LATAM and MENA : SBP, Visa/MasterCard/JCB/MIR?/wallets available | local OTC/e-wallets available per request.​

 

[TheCryptoAnt]

ActionMan said:
Why not consider a US LLC? Pairing it with Kraken (offering the best limits and fees in the space) alongside a US or offshore bank account is a no-brainer, in my view. It's a straightforward and seamless solution.
Click to expand...

Depends on what you are looking for really. Kraken doesnt offer inverse perps for example and thats was big negative for me.

 

[ActionMan]

TheCryptoAnt said:
Kraken doesnt offer inverse perps for example and thats was big negative for me.
Click to expand...

They do though (albeit not for US clients).

https://www.cryptofacilities.com/


anyway, I agree, but for most users on this forum, kraken is by fat the best CEX in the industry, reputation, licensing, and fee wise.

Last edited: Dec 24, 2024
Toggle signature

One-Stop Solutions​

Payment Processing ✓ | Offshore Bank Accounts ✓ | â‚¿ Crypto On-Off Ramping Services ✓ | High-Risk Industries ✓​

Let's connect: DM me on Telegram HERE

Russian, LATAM and MENA : SBP, Visa/MasterCard/JCB/MIR?/wallets available | local OTC/e-wallets available per request.​

 

[TheCryptoAnt]

ActionMan said:
They do though (albeit not for US clients).

https://www.cryptofacilities.com/
Click to expand...

first time I hear about this lol

ActionMan said:
anyway, I agree, but for most users on this forum, kraken is by fat the best CEX in the industry, reputation, licensing, and fee wise.
Click to expand...

I agree with you in this one, most people are not here to trade but just to buy and hold so Kraken just makes sense

 

[pirbtc]

gonliss said:
Don't need bank account, just an offshore company to register on Cryptocurrency Exchanges, depositing and withdrawing crypto only.
No accounting + optionally a possibility to buy online services (servers at hetzner etc.) without a tax.
How would I go about finding the correct jurisdiction (thinking about Marshall Islands) and register agent?

Thanks for advice.
Click to expand...

I belive you still have to disclose company shareholders to exchanges