Thanks a lot cryptoant! Greatly appreciated! Any recommendation when it comes to offshore set up company that can assist? If anyone has a referral in the usual prices I am happy to use it!
Thanks
Will a US LLC require holding a license though? I am reading that you need to own a trading license in order to trade derivatives and that crypto is becoming harder to trade.
I am also looking into starting a small hedge fund with 1 founder / shareholder (max 2 if my friend does not go solo)...
Thanks for your reply. When you say "but no tax savings" you mean because of dividends, or?
The way I understand it Seychelles has 0% taxation hence the effort, and where I live the dividends tax is only 5%.
Thanks
Hey all, I would also like to know this, if anyone can comment on.
Essentially to sum up, the idea is to set up an offshore in Seychelles, open a business account on Kraken in order to day trade crypto. The profits (and question) is if we can pay the dividends in the personal account with...
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