Any news on the:
2014-03-14 14:00 Meeting on Estonia: alcurEX – Profia Arvestuse OÜ & Profia Grupp OÜ
Agenda: AlcurEX Company registration, regulations, taxes
?
Take a look in Alcurex thread
https://bitcointalksearch.org/topic/m.5760490Here is a cp
Hello everyone and sorry for the lack of updates recently.
Here's the status right now:
We recently visited Estonia and learned more about the legislation involved with our business if we were to establish it in Estonia.
In short we decided to not establish alcurEX in Estonia as we have noticed that Finland would be much better if not for taxes. We will find a legal way around this.
If it comes down to having to pay higher taxes then it will be at our expense and not the shareholders'.
As promised, the only cost deducted from public shareholders' revenue is the hosting cost for servers, which is easily scalable.
In Finland we can start business immediately and even add USD markets by accepting deposits via services like Skrill.
We are still looking into legislation involved with direct bank deposits but so far there have been no signs against it.
Coin voting will also start today. We're a bit behind on the latest altcoins so we'll have to do some research before adding coins for vote.
Thank you all for your great support!
and a bit more info
Estonia is not safe place for altcoin company.
That was the reason for delay.
But good news are, Finland is safe place for alcurEX.
I start register alcurEX in Finland with MCR.
I live in Finland and I have business experience here since 1999.
Bitcoin have official legal status in Finland.
Here is details for company registeration I already start:
Company name: alcurex oy (limited by shares)
Registered in Finland, Helsinki
Shares:
Total physical shares amount is 28392
Regulation needs:
Cryptocurrency trading:
Exchange no need regulate in Finland.
USD market:
USD vs. altcoins market: No need regulate in Finland.
Money transfer:
Using third part money transfer systems: No need regulate in Finland.
Bank transfer deposits:
Regulation needs are asked and we are waiting answer from Finanssivalvonta.
I will take care to inform shareholders for company status, meetings and annual reports.
Summary:
alcurEX can start altcoin market as soon as exchange site is ready, and USD market as soon as company registration is processed and bank account for deposits is opened.