Offshore LLC to register on Crypto CEXes

[gonliss]

Don't need bank account, just an offshore company to register on Cryptocurrency Exchanges, depositing and withdrawing crypto only.
No accounting + optionally a possibility to buy online services (servers at hetzner etc.) without a tax.
How would I go about finding the correct jurisdiction (thinking about Marshall Islands) and register agent?

Thanks for advice.

 

[Wellington]

Bahamas... No Tax, No Accounting...

 

[gonliss]

And how would I go about finding a trusted register agent? Plenty of services advertising‌ online. Anyone able to recommend something?

 

[JackAlabama]

im also curious whats a good solution for this these days.

 

[ActionMan]

a US LLC coupled with kraken is very sufficient, we have 20,000,000 USD cash‍ limit per day, and 200 m per month with them.

very good for us and⁠ our clients.

 

[TheCryptoAnt]

Any 'classic offshore' jurisdiction works in this case; Seychelles, Saint Vincent, Bahams, Cayman, etc etc

Saint Vincent goes for around 500 first year and 350 in renewals and provides 0 tax⁤ and 0 accounting.
Seychelles a bit more expensive but usually you get better agents that⁣ dont take 3 weeks to reply to an email.

Bahams, Cayman, etc are better in⁢ paper as they are more solid jurisdictions but they are more expensive and if you︀ have no customer then who cares? aint nobody judging your jurisdiction.

 

[ActionMan]

Why not consider a US LLC? Pairing it with Kraken (offering the best⁢ limits and fees in the space) alongside a US or offshore bank account is a︀ no-brainer, in my view. It’s a straightforward and seamless solution.

 

[TheCryptoAnt]

Depends on⁠ what you are looking for really. Kraken doesnt offer inverse perps for example and thats⁤ was big negative for me.

 

[ActionMan]

They do though (albeit not for US clients).

https://www.cryptofacilities.com/

anyway, I‍ agree, but for most users on this forum, kraken is by fat the best CEX⁠ in the industry, reputation, licensing, and fee wise.

 

[TheCryptoAnt]

first time I hear about this lol

I agree with you in this one, most people⁠ are not here to trade but just to buy and hold so Kraken just makes⁤ sense

 

[pirbtc]

I belive you still have to disclose company shareholders to exchanges