Crypto Trading Business

[offshorebtc]

Hi

I trade crypto professionally on both OTC/exchange platforms. Revenues are 75% USD, 20% EUR, 5% GBP.

Can anyone advise on the best company set up for this? I have no issues paying taxes, I just want to set things up in a legit manner.

 

[Clip]

Depends on the country you are resident. Seems you get paid in fiat, in this case the platforms they are only willing to transfer the money to the original account holder. if you get paid in crypto the situation can change.

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[Spinat]

If all is legit and you don't mind to pay taxes I would look into setting up a company in Switzerland, Malta or some of the Scandinavian countries like Sweden and use Kraken to transfer your profits to your bank account for that company.

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[offshorebtc]

Main thing is I need a onshore USD account, and so I may have to create a US company but sure which is best and the licensing may be an issue

 

[JohnSeed]

Have you consulted Kraken, they may be able to help you somehow!