Transferring personal crypto to a Cyprus company

[oscarburroughs79]

Hi,

Suppose I own cryptocurrencies as an individual and I want to cash out to FIAT through Cyprus LTD (which doesn't own these assets yet). What is a legal way to transfer personal crypto assets to a Cyprus company (and later sell them to FIAT and pay corporate tax rate).

Also, is there are any clearance on whether crypto to crypto trading, including stablecoins, such as USDT/USDC, is taxable in Cyprus (individual or corporate).

Thanks.

 

[JohnnyDoe]

@CyprusLawyer101 can help you with that

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[Wellington]

Surely you give them a $/Euro etc value and just price that in as a‌ loan/investment.

Like anything else.

 

[CyprusLaw]

Who have been assisting clients for a few years now⁢ on these matters, would be happy to PM you about this.

 

[Tomy223]

Sorry for bumping. Can‍ you PM me please. I need a custom set up..

 

[JohnLocke]

Would be nice if‍ you upgrade your account to mentor group gold to comply with the forum rules. You⁠ didn't get a warning as of yet, but soon you will if you continue this⁤ way and don't upgrade. If you are a crypto guru it should not be a⁣ problem for you to pay that fee with crypto.

Let this be a friendly and⁢ public warning, the last one!

 

[Siggi]

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