My partner and I are US based individuals looking to open a foreign entity in order to invest in startup crypto tokens. We currently have a US based investor who holds fiat in EU accounts. We are looking for the following:
- Location to set up entity. Not looking to move outside of US unless absolutely necessary.
- Entity which will be able to hold a bank account
- Favorable tax treatment
- Ability to move offshore funds onshore to a US based entity
- Managing partner privacy
Other important notes about our firm:
- We will be using a crypto broker to manage our wallet and trades
- Bank account will hold $200k-1mm at time of opening
- Investor funds will be held with no opportunity for withdrawal for 1 year
- Will need audit and other regulatory services
- Offshore entity will be split 50/50 between my partner and I, whether that is held by onshore entity or by my partner and I directly, I do not know.
Please PM or reply with any insight you may have.
Thanks in advance,
Gu5her
- Location to set up entity. Not looking to move outside of US unless absolutely necessary.
- Entity which will be able to hold a bank account
- Favorable tax treatment
- Ability to move offshore funds onshore to a US based entity
- Managing partner privacy
Other important notes about our firm:
- We will be using a crypto broker to manage our wallet and trades
- Bank account will hold $200k-1mm at time of opening
- Investor funds will be held with no opportunity for withdrawal for 1 year
- Will need audit and other regulatory services
- Offshore entity will be split 50/50 between my partner and I, whether that is held by onshore entity or by my partner and I directly, I do not know.
Please PM or reply with any insight you may have.
Thanks in advance,
Gu5her
