Usually such companies have a fake "owner" and you "stand in the shadows" as the real owner.
I think it`s doable,but you have to pay some fees in order to register such company.
I`m not sure that cryptocurrencies are accepted in the low tax jurisdictions,perhaps you should convert your coins into fiat money(US dollars).You should find and talk with an expert in this topic.
Posting questions here won`t work.
Topic: Setting up a company overseas like an ICO (or a Trust) just for yourself (Read 296 times)
December 01, 2017, 08:26:09 AM
November 29, 2017, 01:07:20 PM
I am not a US person , but my country does have some capital gains taxes if I were to cash out.
Can I do the following as I said in my title?
Set up a company overseas in low tax jurisdiction and fund it with my crypto. So that company which i own 100% of, will have my cryptos.
I just do pretend work for the said company and get a salary. On this salary, I happily pay my income taxes.
Doable? What do you think?
Can I do the following as I said in my title?
Set up a company overseas in low tax jurisdiction and fund it with my crypto. So that company which i own 100% of, will have my cryptos.
I just do pretend work for the said company and get a salary. On this salary, I happily pay my income taxes.
Doable? What do you think?
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