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Topic: Why don’t you change your company location to another country? - page 2. (Read 2096 times)

hero member
Activity: 490
Merit: 501

Every day we see few companies shutting down for legal reason!! Because they mixing bitcoins or selling/ buying   it because the government change or issued new regulation. But is here any owner of any company he/she close his company because of the reason above If yes, why don’t you move your company to another country officially and you can still run your business in your country Maybe I am wrong but it was just am idea.


Of course, this is an option for any company to consider but it is not an easy option because there are many factors one has to take account into when moving into another country. Now, the Bitcoin exchanges in China must be what you have in mind when you are suggesting that they can just move into another country which would accept them and their business. Indeed, they can start partnering with other big Bitcoin enthusiasts with a new country and they can launch a good business. Of course, you are leaving here a good market (a very big market, actually) like what can be found in China.
legendary
Activity: 3066
Merit: 1047
Your country may be your worst enemy
Well, I did. Years ago, but you have to be smart and organized.
Last time I paid income tax was in 1997. One thing is important: you must piss on your country's flag and leave it for good. Then, you'll be free.
sr. member
Activity: 262
Merit: 250
Hello there,

Since I am staring my business I would like to know relate with the location and country, if you guys have information about regulations of bitcoin in Latin America, A would like to find if I have restrictions in terms of laws.

sr. member
Activity: 308
Merit: 251
Most businessman or company owners who are nationalist won't do that. It is they're pride and principle to employed citizen of his own country and to benefit its government from taxes they accumulated through it. It's is not for money or about profits sometimes it is more about the legacy they leave. And I don't think anyone of them would have the same satisfaction on other foreign country they be building a new one.
legendary
Activity: 1470
Merit: 1010
Join The Blockchain Revolution In Logistics
Easy to say, more complicated to set up.
Moreover, some CEOs or managers want to keep their companies in their own countries. In Europe, for example, for some products, it's important to produce , to employ people and to pay taxes in the country.

Moving to another country involves a very good knowledge of the regulation of a particular country
full member
Activity: 560
Merit: 112
It is a good advice but I don't think that is a better moved especially when your market is inside your country. Local clients are more suspicious on foreign sites or even your not you will be registered outside if your planning to do that. Those matters need thorough researched and planning for what might be the best soulution. We know that when making a company we always balance things out if it worth the sacrifices.
hero member
Activity: 1400
Merit: 536
When I think of the project I work with, I have a very settled mentality and it is not easy to relocate easily, it is important to organize ourselves in the way the laws want it.
hero member
Activity: 2548
Merit: 950
fly or die
In most countries starting a company is not that easy, lots of paperwork and ownership rules that prevent foreigners to own local companies.

In the countries where starting a company is easy, you can expect a lot of scrutiny for some activities, especially anything resembling money laundering.
newbie
Activity: 48
Merit: 0

Spot on!

We are currently weighing that option now.

1Click Medical link

all the best
full member
Activity: 131
Merit: 100
Yes. But it not so easy to move to another country. You need to prepare at least couple of month.
And some people have families, just imagine what you need to do to move with family!

But in near future, in my opinion, when some countries will be open to crytpocurrency, there will be companies that will start open ICO exactly at this countries. Just need time.

Spot on!

We are currently weighing that option now.
newbie
Activity: 48
Merit: 0
Yes. But it not so easy to move to another country. You need to prepare at least couple of month.
And some people have families, just imagine what you need to do to move with family!

But in near future, in my opinion, when some countries will be open to crytpocurrency, there will be companies that will start open ICO exactly at this countries. Just need time.

Dear ALIEN

you are right and thanks for your opinion but since the work is online I think we don't need to move our families to any where with us and you as well because you can run your online business from your country you need to go to X country finish all official pepper and rent office open bank account and come back to your country and enjoy with your family
legendary
Activity: 1358
Merit: 1000
Yes. But it not so easy to move to another country. You need to prepare at least couple of month.
And some people have families, just imagine what you need to do to move with family!

But in near future, in my opinion, when some countries will be open to crytpocurrency, there will be companies that will start open ICO exactly at this countries. Just need time.
newbie
Activity: 48
Merit: 0

Every day we see few companies shutting down for legal reason!!
Because they mixing bitcoins or selling/ buying   it because the government change or issued new regulation
But is here any owner of any company he/she close his company because of the reason above
If yes
Why don’t you move your company to another country officially and you can still run your business in your country
Maybe I am wrong but it was just am idea


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