I've asked this question on Reddit as well, and wanted to cross post this on this forum:
So, I've heard Nic Cary talk about how Blockchain is a company that does not have ANY bank accounts.
I have a few questions:
1. Where in the world should such a company be created/registered?
2. The company has to be structured so that it passes the 'legitimacy test' for companies like Coinvoice and others that will help the conversion of FIAT to BTC.
[I want the company to be able to invoice in BTC and if the customers pay in USD then do the invoicing through a company like coinvoice to handle the conversion, and perhaps a similar conversion for other FIAT currencies (EUR, INR, etc). ]
3. Has the simplest rules and formalities and the lowest tax burden in terms of operating an entity.
4. Any other things I need to be aware of or should consider.
Thanks for all your help and feedback in advance.
1. Easy!
BTC belongs to cyberspace so your company must be there, too.
2. Didn't you say this was to be a
BTC only company? There shall be no Fiat to
BTC conversion. You must convince your clients to pay you with
BTC.
3. You write your own rules in cyberspace. You're a free man and you don't pay tax to anyone, just like I do.
4. Plenty, but I'm afraid it won't come free. Send me a PM if needed.