For my crypto currency day trading setup, I have a "bank-first" approach to forming an offshore company. What matters for this setup really is the bank account as the bank must be crypto-friendly, the jurisdiction of incorporation won't matter as much and i'm very flexible.
As a UK non-dom i pay zero tax on offshore income and capital gains.
So my needs are very simple: i need an offshore company (any jurisdiction as long as it's not UK) that can bank with a decent bank (again anything non-UK).
Any suggestions on a setup with a jurisdiction that can easily access good quality banking and that is crypto friendly?
You can setup a company for instant in Belize, Seychelles, Cyprus, St. Kitts or even BVI and open an MisterTango business account! They accept bitcoin transfers so you can exchange your crypto to EUR and USD as needed.
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thanks @Admin this is very well taken in consideration.
mistertango would be the "first step" to get crypto into fiat, i would also like to keep the capital in a bank that feels a bit safer than mistertango. where would you send the money from there? any other crypto friendly banks that have no issues in dealing with those jurisdictions like Belize, Seychelles, etc.. to receive money from mistertango?
I have transfered money from Crypto to MisterTango and from MT to a Spanish bank, no problems, the same I did to a Cyprus bank works also perfectly fine. No issues at all.
Latest Video Interviews, Offshore Company Resources, Payment Processing Tips & Tricks, Articles and Anonymity Hints only a click away! Support the Freedom of Speech of our Community
Disclaimer: Nothing I say should be taken as tax, legal or financial advice. Anything I say is for general informational purposes only. Always seek independent professional advice.