Recent content by pepemolas

@Lopt Farbauti did you guys manage to do something?

Did you find something?

I set-up a company in DMCC 6 months ago. You can open a company account with all exchanges and you work under a regulated environment which is good (VARA) Only current issue is exchanges do not have proper on/off ramps so you need to do OTC trades for that through an off-shore bank. Off-shore...

DMCC crypto company solves all of your problems: - No income tax - No corporate tax in DMCC FZ - Crypto trading license Only downside is you will pay a 0.75% fee for OTC trades using off-shore banks and an additional fee for swift payments.

May I ask what is the problem in having the company only in the reference? I mean it literally shows that the SWIFT account is not yours but from EQI but what would be the day to day problems of this? Do you know if crypto exchanges let you deposit/withdraw to company accounts that do not have...

Thanks a lot for your reply @Sols you seem to have a lot of knowledge in the matter. Do you also agree that a proprietary crypto trading firm (trading its own capital, not 3rd party clients) would be considered a non-FI? On the other hand, it seems that the bank is only looking us to provide...

Thanks for the reply. The problem is that the bank only enables crypto companies to open their bank account as a FI... What we want to know is if only registering as an FI could have implications even if we have no ties to the US (none of the shareholders or directors is from the US and we...

Dear all, We are a Proprietary Crypto Trading company recently created under DMCC free-zone in Dubai, just trading our own funds and capital, with no external investors or 3rd party clients. As you may know, opening a corporate banking account is quite difficult as local banks are not opened...