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Mauritius and Seychelles are great options because they're easier to bank with and have favorable tax environments. BVI and Cayman can be a bit trickier when it comes to banking, especially for LLCs. Regarding the transparent LLC owned by the Cyprus Trust, it might cause some banking headaches...

Hey, In your case, a company in Mauritius or Seychelles would be a great option, if you`re looking for a proper license offshore structure. If you`re going to open a default LLC you`ll struggle with a bank account. However, Saint Lucia can be a cheap offshore option that will cover basic...

In the summer of 2023, Curacao is undergoing a comprehensive reform of its gaming industry licensing system. The current Curacao Gaming Control Board will be replaced by a new independent regulatory body, the Curacao Gaming Authority. Starting from September 1, 2023, sub-licenses (which include...

Greetings! Hungary is a great area for doing business. I work at the Fintech Harbor Consulting company, they have considerable experience in opening companies and not only that, but also bank accounts, licenses, legal assistance, etc.

Greetings! To be honest, it is quite popular to establish offshore companies in 2023, based on my own experience there are much better offshore jurisdictions that European and UK banks work with.

By implementing the MiCA regulation, the EU aims to address the challenges and risks associated with cryptocurrencies while creating a supportive and regulated environment for the development of the crypto industry in Europe. I would be interested to hear your opinion on the impact that the new...

I have experience with such EMIs and some of them were clients of the company I currently work for where they obtained these licenses. If you are interested, you can send me a private message.

Today, there are plenty of jurisdictions that allow you to use the conditions of 0 corporate tax. If you are interested in Europe - it could be Estonia, which also provides zero corporate tax. In addition to European jurisdictions, there are plenty of around the world. If you are interested, we...

I work in the company Fintech Harbor Consulting as a fintech lawyer, this company provides services in this jurisdiction, you can view more details via the link Hong Kong Company Registration | Company Formation in HK | Fintecharbor.com, you can also leave an application on the website or your...

It may seem so, but I really share my experience in this area for the general study of users of this forum. In addition, I am always happy to help in legal assistance. ;)

You are right, this article talks about VASP in Poland, but the crypto license is more understandable for people who have not encountered it before.

Yes, such a procedure exists in majority of countries and one of the best solution is Hong Kong, as they have 0% corporate and dividends tax rates. Last edited: Apr 27, 2023

How is it possible to obtain a crypto license so quickly? A crypto license entitles the company to carry out operations with cryptocurrencies, such as the exchange between virtual currencies and fiat money, brokering in exchange, keeping accounts related to crypto assets, etc. Not all countries...

There are plenty of crypto friendly EMIs, which are ready to cooperate with established companies in offshore jurisdictions, like Seychelles, Comoros, Mauritius, Saint Lucia, SVG, Hong Kong. Are you interested in opening a personal or a corporate account for such purpose?

The best experience in cooperating in the UK was with Payset.

True, but there are a lot of EMIs in EU and UK, that are ready to work with existing business without such issues, as you have in Wise. You need only find a reliable partner to open an account in such EMI.

FAS Finance and its cryptocurrency provider Sminti is perfect solution for you. You`ll be able to receive and make fiat payments via your FAS account and crypto payment via Sminti account. So, it`s great option for company that build and distribute a crypto defi trading software.

I would not recommend you to open a bank account in non-CRS countries at all. If you look at this list, you can understand that these countries are not respectable from the point of view of the banking sphere. If you still want to save money on taxes, then choose a jurisdiction with a loyal tax...

The tax authority will still see such transactions as tax evasion. You have to submit reports and pay taxes. In your situation, more details are needed to provide a more comprehensive consultation.

I propose you to take a look at Singapore. It`s a perfect jurisdiction as well as Hong Kong. The process of company registration in Singapore will take approx. 1,5 week. Also, company from this state can easy open an account in European EMI.