Recent content by eomeakyl

Never heard of Noon and can't find any relevant information on them. Binance doesn't allow this (against ToS). On Paxful there's literally only one provider and they charge a 4% fee. I already mentioned P2P in the OP. I did manage to find a solution. I don't want to say the name of the service...

haha just as I suspected. So completely off topic then

You send from a business account directly to a personal checking account? Even if the answer was yes, which I highly doubt it is, I still wouldn't want to go down this route of mixing personal and business affairs plus getting into bed with the IRS.

LLC is definitely not viable. Kraken doesn't support ACH for non-Americans. I tried EpayServices, can't get past KYC.

I have bank accounts and credit cards in the USA. As a non-American, this has been good for several years. There were a few methods for me to convert crypto to fiat and transfer via ACH. Unfortunately, over time all these options have disappeared. It has been increasingly more difficult to get...

Read the above comments. US LLC was already ruled out as a possibility since it doesn't suit my needs.

There may be some confusion. You need to get the correct license for the type of business you operate. If you make your own cryptocurrency or run a cryptocurrency exchange then you need a license for that. You're allowed to receive payment in crypto without requiring a license specific to...

None of the offshore jurisdictions have a TIEA with my home country. The core question is which classic offshore jurisdiction to pick? Because there's nothing for me to gain by sharing but a lot to lose. I'm not sure why you care so much. It's irrelevant what country I live in. If I break the...

I'm sure because I pay a lot of money to legal firms :)

I'm moving forward with a UAE FZ company. I think this is the most suitable option at this time. At first I was thinking it was overkill but they offer a lot of benefits that make it worthwhile. Plus it opens up more options in the future if my circumstances change.

I'm sure. Thanks though for the concern.

I'm not looking to move. I'm happy where I am. I've already confirmed with local law firms that I can run offshore companies tax free and pay only tax on the income I bring into the country. I've been using this structure already for a long time. It's not new to me. I'm simply looking for a...

From my understanding these entities don't work for my needs since they're similar to US LLCs. You'd still need an offshore backstop. I don't need the onshore front (UK LTD or US LLC), I only need the offshore component.

Thanks. Dubai I'm considering, though it does seem overkill for my needs. Could be the right option though. Cyprus non-dom seems a bit counterintuitive for my needs since I actually want dom. Maybe I'm just not understanding it correctly. I don't think Romania micro company suits my needs.

I'm planning to be hired as a consultant for a US corporation. Where I live I don't have to do any reporting or have any tax obligations for offshore companies I manage if the company is permanently established elsewhere. I'm looking to form an offshore company where I can easily establish...