Looking for best place to set up a crypto investment company without a need for licensing QUICKLY!

[draede11123]

Hi all,
I'm looking for the best and easiest place to set up a business for my crypto investment company. We have already done the ICO.
Essentially it is a PAMM ran through a contract, we pool funds, trade with them, and pay out dividends to investors.

Thanks for any help in advance !

 

[Houdini]

Search the forum for many similar threads!

Maltha, Switzerland and Cyprus are good choice for‌ your crypto investment firm!

 

[draede11123]

Thanks I'm looking at Switzerland at‍ the moment. What is the easiest and cheapest way to register from offshore in Switzerland?⁠

ALSO: I am wondering if we have already done the ICO with no legal framework⁤ in place, am I liable to FINES and things like this?

Thanks for your help⁣

 

[Houdini]

Get some Swiss consultancy‍ firm to help you. In mentor group you find a database of reliable consultancy and⁠ service firms that can help you with the setup.

 

[draede11123]

Thank you appreciated

Thoughts on Panama for this?

This is where my⁠ research has led me. Seems the cheapest and quickest option.

 

[legaltalk]

You can consider Bulgaria for new place to set up your business crypto , the tax⁤ is law, the authorization license gives you same features as the Lithuanian license

 

[algotrader]

But make sure you understand the tax rules for crypto trading/investing⁠ in BG before.
Here's a guide in Bulgarian (use google translate): Наръчник за крипто данъци⁤ - Tax Monkey

There are discussions ongoing whether BG is going to raise tax rates⁣ by 5% and introduce a progressive income tax regime in order to be able to⁢ join eurozone and OECD. Maybe, the will be a decision in the coming days/weeks.

Lots of rules are not clear and subject to interpretation by lawyers/tax officials/accountants, lots of red︀ tape, great problems to find reliable and competent accountants willing to deal with complex business︁ cases, problems with opening corporate bank accounts by foreigners (even with residency), lots of scams︂ related to PoAs.