Heading toward the end of my membership I catch the opportunity to ask one more question
Little preface
Having read a few posts on the forum I seem to see most people are centered on advising Malta and Cyprus to place a legal entity. Followed by Estonia and Georgia, which seems to be as popular for the new wave of offshore entrepreneurs.
Having looked into these jurisdictions: on paper they seem to be all great systems to place a limited company and Georgia seems to have the most stable banks in Europe.
Altough; having seen the scenario which unfolded over the past 20 years; I'm a bit concerned that Malta and Cyprus could become the new panama papers; due to being popular destinations also for criminals
And that Georgia could be targeted by Putin's efforts to reunite USSR at a certain point”¦
Bulgaria seemed to me a good and more discrete place to run a business in Europe
And here comes my second and last question for the gold group.
What if I want to run a platform in the music business targeting : China, Korean and Latin American consumers.
The platform will be transacting entirely on crypto; with the small exception that we could be paying for salary and services in normal fiat currency.
So I bet I would still need a reputable bank account and to partner up with an international exchange like Binance.
Question is: where would you place the limited company in this case ?
Requirements
- loose copyright policies
- Possibly out of easy reach of major record companies
-Simplest enough bureocracy to hire and partner around the globe
Disclaimer
I'm not going to work on two companies in parallel. Just gathering advice for the next ventures in order to arrive prepared once I've stabilised the current one.
I love to prepare way before there is a need to prepare
Little preface
Having read a few posts on the forum I seem to see most people are centered on advising Malta and Cyprus to place a legal entity. Followed by Estonia and Georgia, which seems to be as popular for the new wave of offshore entrepreneurs.
Having looked into these jurisdictions: on paper they seem to be all great systems to place a limited company and Georgia seems to have the most stable banks in Europe.
Altough; having seen the scenario which unfolded over the past 20 years; I'm a bit concerned that Malta and Cyprus could become the new panama papers; due to being popular destinations also for criminals
And that Georgia could be targeted by Putin's efforts to reunite USSR at a certain point”¦
Bulgaria seemed to me a good and more discrete place to run a business in Europe
And here comes my second and last question for the gold group.
What if I want to run a platform in the music business targeting : China, Korean and Latin American consumers.
The platform will be transacting entirely on crypto; with the small exception that we could be paying for salary and services in normal fiat currency.
So I bet I would still need a reputable bank account and to partner up with an international exchange like Binance.
Question is: where would you place the limited company in this case ?
Requirements
- loose copyright policies
- Possibly out of easy reach of major record companies
-Simplest enough bureocracy to hire and partner around the globe
Disclaimer
I'm not going to work on two companies in parallel. Just gathering advice for the next ventures in order to arrive prepared once I've stabilised the current one.
I love to prepare way before there is a need to prepare
