Selling product for Crypto - VAT

[Reinassance]

Hi,
i own a E-commerce buying product from factories in Europe and selling to private customers.
My clients are mosly Europeans. I would like to sell my products using also Cryptocurrencies as payment method.

Is there a way to avoid VAT at least on products sold for cryptocurrencies?

I was thinking to open a Cyprus company. I'm particularly intrigued by a non resident Cypriot company. Or could i use other jurisdition?

Thank you very much

 

[JohnLocke]

You will need to speak with an local accountant to answer this question. Actually it would be possible to register a CYP corp. nonresident and avoid to charge VAT. I do understand that this may (or may not) be legal if you asked a local accountant but it is seen many times already.

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