Question Best jurisdiction for a NFT game business

[carlosbl]

Hi to all,

Which jurisdiction would you recommend for a NFT game business?

I was thinking in SG or HK, but right now NFT has become sensitive in HK and SG.

What about BVI? Any other alternatives?

Thanks in advance.

 

[CaptK]

SVG and Marshall Islands

 

[carlosbl]

SVG and Marshall Islands

The problem, as always, would be to obtain a bank account for this type of business in these jurisdictions, and if obtained, how to move the money internationally.

 

[CaptK]

You could set up a marketing arm for the project in a jurisdictions that’s easier to get bank accounts.

 

[Marzio]

You could set up a marketing arm for the project in a jurisdictions that’s easier to get bank accounts.

Are you suggesting a swiss branch for example only to be able to access swiss banks? If yes the all the profits would have to be taxed at swiss rates.

 

[EuroKiss]

The problem, as always, would be to obtain a bank account for this type of business in these jurisdictions, and if obtained, how to move the money internationally.

Bank account for a NFT game business?!?

 

[CaptK]

Are you suggesting a swiss branch for example only to be able to access swiss banks? If yes the all the profits would have to be taxed at swiss rates.

UK, US and maybe Cypriot or Maltese.

 

[carlosbl]

Bank account for a NFT game business?!?

As an option for the company to have access to fiat money to do payments, etc.

 

[CyprusLaw]

Cyprus could work for you noting however that depending on the structuring it could potentially require registration with the regulator