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What do you think about an offshore corporation for Bitcoin startups? Considering the regulatory environment in the USA, is it better to incorporate in someplac
by quellhorst 13y ago
What do you think about an offshore corporation for Bitcoin startups? Considering the regulatory environment in the USA, is it better to incorporate in someplace like Panama or Switzerland?
- philiphodgen 13y agoThe intersection of bitcoin and business and tax is an interesting place to be. Governments will, I think, want to reach out and smother Bitcoin with a pillow. How you prepare for that is an interesting question. He said. :-) In choosing where to form a corporation you have to think about the protection that the country offers you. My prediction is that after the USA has beaten Swiss banks into a pulp they will start marching through the Carribean. What is a tiny country going to do when Uncle Sam's minions land with a thud?
- driverdan 13y agoIf you are a US citizen it doesn't make a difference. You'll still need to register it as a foreign entity within the US and US laws will still apply. If you're not a US citizen you're lucky.