Best Banking for Crypto Trading via Cook Islands LLC (and eventually Trust)

[OCT2023]

Looking to establish a Cook Islands LLC for Crypto Trading (0% taxes) ... eventually leading to a Cook Islands Trust
Tax Residency will be established in Paraguay (Territorial Tax 0% taxes on personal foreign income)
Digital Nomad (less than 183 days in any country) for living
Business will generate 6-figures per year
Need a Bank that allows crypto>fiat deposits via major crypto exchanges and a Debit Card that allows international ATM
Would prefer minimal deposit to establish the account and no exhorbitant fees to maintain or for ATM
Thank you

 

[CyprusLawyer101]

Is this trading of personal funds?

 

[OCT2023]

CyprusLawyer101 said:
Is this trading of personal funds?
Click to expand...

yes ... would like to create a corporate account on an exchange instead of personal, but the funding will be from personal funds and then perhaps offer copy-trading on the exchange additionally

 

[JackAlabama]

OCT2023 said:
Looking to establish a Cook Islands LLC for Crypto Trading (0% taxes) ... eventually leading to a Cook Islands Trust
Tax Residency will be established in Paraguay (Territorial Tax 0% taxes on personal foreign income)
Digital Nomad (less than 183 days in any country) for living
Business will generate 6-figures per year
Need a Bank that allows crypto>fiat deposits via major crypto exchanges and a Debit Card that allows international ATM
Would prefer minimal deposit to establish the account and no exhorbitant fees to maintain or for ATM
Thank you
Click to expand...

for such a fancy exotic structure, on both ends (corporate and personal) with your paraguay residency makes it tough, 7 digits minimal deposit which stays at the bank at all times (for their discression to invest and generate fees) is a good starting point. I hope this is minimal for you.

Why do you need a bank in the first place?

 

[Houdini]

You could use some of the crypto debit card providers around here on OCT if you need to spend some of your money in small portions!

 

[DSoz]

why such compelx and expensive setup?