Eternity Law International — News — Company registration for ICO

Company registration for ICO

Published:
July 12, 2018

More and more people are thinking about how to make profitable investments in new technologies and legally reduce the costs of personal business to pay taxes and fees, so the registration of companies for ICO is a logical step for everyone.

Eternity Law International specialists help clients to implement projects to create promising companies for mining, select a country with the most favorable conditions for conducting ICO.

ANALYSIS OF JURISDICTION FOR SUCCESSFUL ICO

Correctly choosing a comfortable zone for the successful conduct of the ICO is a responsible step in the way of creating a new company. Our company is constantly contacted by customers who are interested in this issue.

We analyzed the legislative base market in all countries of the world and made up the top countries with the best jurisdiction.

Eternity Law International provides quality services in:

  • registration of foreign companies;
  • buying a ready-made company;
  • assisting in the conduct of accounting.

Which country is suitable for the new ICO? According to our experts, the review should start with UK.

UNITED KINGDOM

This is the country in which the government is most loyal to the development of electronic technologies. There is a favorable atmosphere for digital coin startups, mining and virtual money exchange. The state does not see the need for the formation of a legislative base for control over the sphere of cryptocurrencies.

Surprisingly, the United Kingdom combines two opposites: the digital currency is refused to be perceived as real money. Mining profits and the exchange of digital currencies for others are not subject to taxation.

In this case, income and corporate taxes, capital gains and VAT are paid by business entities that accept the digital currency as payment for services and goods.

If you are preparing to implement a unique project, look for a reliable partner for doing business in digital online technologies, you need to get consultations of experienced consulting specialists, open a company abroad, a bank account or a new payment system?

Eternity Law International experts are waiting for you and will help you get a license in any field of activity.

ISLAND OF MEN

In 2015, on the island of Men, which is the patrimony of the British Crown, have developed a legislative framework for regulating the turnover of tokens by an unlimited circle of persons. Its basis is the AML law, which came into force in 2014-2015, as well as the law on the implementation of the norms “Know Your Client”.

Meng Brian Donegan, head of the finance department of the Department of Economic Development of the island, highly appreciates the comfortable conditions, broad prospects for the implementation of ICO and the formation of new cryptocurrencies.

JURISDICTION OF GIBRALTAR

Pleasant news for our customers is that the authorities of Gibraltar appreciate the possibilities of modern digital currencies. Officials of the state adopted a set of rules for companies that conduct their activities in the ICO.

They came into force on January 1, 2018. Work on the creation of favorable and safe conditions for mining is carried out with the assistance of professionals in the field of block technology.

It should be noted that the first rules that legalized the circulation of cryptocurrency were registered in 2016. With their help, the basis of the Gibraltar distribution accounting system was created.

COMPANY IN ESTONIA

The legal turnover of crypto-currency in Estonia is registered at the legislative level. The state encourages the development of innovative digital technologies, facilitates the holding of new start-ups.

In addition, there is an unprecedented action: all ID-card holders and online residents receive free of charge unique official e-mail addresses that can be used for mining. Such a system allows to achieve an even distribution of money in the open market.

Citizens share with the state new developments in the context of improving technology, and are ready to make deposits from personal funds for the development of the country.

The initiative group of the online residency project made a proposal to launch the first state ICO and presented Estocoin to the world: the national cryptocurrency of Estonia.

The currency will be put into circulation, consumers will be able to take advantage of Estonian digital money to pay for goods and services. Profit from the implementation of this project, the state will use to explore the possibilities of artificial intelligence and smart contracts.

ADVANTAGES OF COOPERATION

Our clients proudly share their impressions of cooperation, they know about us, we are always on hearing. With professionals Eternity Law International want to work because:

  • we carefully and conscientiously carry out tasks of any level of complexity;
  • we use an individual approach to the solution of each task, work on a template is not about us;
  • annually we register a huge number of companies in different countries of the world;
  • we draw up documents, provide a wide range of additional services;
  • we work with a large audience of customers;
  • the program created by us simply and clearly calculates the cost of the services rendered.

We appreciate the high trust of our customers, we are responsible for protecting the interests and confidentiality of information about cooperation. Our specialists work in a non-stop mode. You can contact them in any convenient way.

We provide services:

  • in consulting, searching for new profitable solutions for the development and promotion of international business;
  • legal support;
  • accounting;
  • we continuously expand our operations and open new operational offices around the world;
  • we offer only legal ways of companies’ activity, which will help clients to manage the financial flow and receive a net profit.

We are on the side of advanced technologies, bold decisions and progress. Are ready to work already now and together with you to go to conquest of new tops. To get a consultation.

You could be interested

Benefits of a company in Latvia

Despite the fact that the citizens of Latvia have deep roots in their culture, they embrace modernization that helps them and their nation. This covers both new company endeavours and foreign investments. The start-up culture in Latvia is the most auspicious for the company. Continue reading to learn more reasons to start a business in...

Company registration in Columbia

In fact, Colombia is not offshore, however, this jurisdiction has a large number of free zones that have zero tax rates. This privilege during the first 2 years can be used by small businesses with fewer than 50 employees and a turnover of less than $ 1.3 million per year. Most firms pay tax at...

Is the digital euro near? Prototype exercise results revealed

Representatives of the EU-CB believe that the current year will be a key year for this structure. After several years of research on the digital EUR, the organization reports its completion. Accordingly, since October of this year, the direct production of such currency can begin. Traders of the USA and Great Britain are especially active...

Pros and Cons of Working with Regulated Vs Unregulated Brokers

Forex-trading is rightly regarded the most extensive world`s financial-market. Its daily-volume of transactions amounts to 6+ trillion US dollars. For merchants, it is an excellent resource that will provide round-the-clock trading and easy access for both beginners and experienced-traders. To get started in this market, a client needs to enlist with online-brokers. Since this determination...

Next Block Expo Berlin 2022: The Future of the Crypto Industry and DeFi

NEXT BLOCK EXPO BERLIN 2022, held in the bustling heart of Berlin, Germany, marked a significant milestone in the blockchain and cryptocurrency space. From cutting-edge technologies to regulatory insights, this expo served as a focal point for thought leaders, entrepreneurs, and investors to exchange ideas and forge new partnerships. With its dynamic program of keynote...

Register money services business (MSB) or foreign money services business (FMSB)

Creating corporations in the field of financial courtesies is extremely profitable business. That is why more and more players are appearing in this market. Each of them seeks to occupy a certain niche. But before you start working and getting the appropriate permission, you need to decide on the place of enrollment. Many co-founders of...

Related posts

ICO in 2023

An initial coin offering (ICO) is a popular innovative option for start-ups to collect funding for the development of services usually associated with cryptocurrecies or blockchain-based offers. It allows stakeholders to acquire newly-issued tokens. They may feature some usefulness associated with the products or services that the business is delivering, or they may just present a project...

What is ICO?

If you are tuning out the noise in the blοckchain industry, as well as educating yourself on crypto, you might have come across the notion of “initial coin offering”, also known as ICO. But what does it mean? Is it the same as trading popular coins like Bitcoin? When new projects need to raise money to launch a new token,...

ICO in the UAE

An Initial Coin Offering (ICO), also called an Initial Token Offering (ITO), is a common crowdsale mechanism (collectively collaborating to pool financial resources to invest in a project) by selling crypto coins or tokens in exchange for virtual money (usually bitcoin or ether) or fiat currency. Early investors usually buy coins or tokens in the...

Registration of IT company

SELECTION OF JURISDICTION AND REGISTRATION OF IT COMPANY Registration of IT company initially begins with a choice of jurisdiction. It has long been known that the development of private enterprise is a complex process that requires perseverance, financial investment, professional knowledge and technical skills. One of the main obstacles that creates difficulties for the entrepreneur...

ICO services

Our company has considerable experience in the professional legal support of projects based on blockchain technologies and ICO. During the existence of the company, our specialists have provided legal services to more than 40 companies, whose activities are related to ICO projects, mining and currency exchange. In addition, we have helped to create stable, from...

ICO in Switzerland

CURRENT ACCOMMODATION OF COINS OR ICO FROM VIEW OF SWISS law The initial placement of coins, or, as it is also called ICO in Switzerland is considered an irregular method of involving an investment in a project. In essence, it is the issue of digital coins or tokens that are used to create a new...

Discover our services

The international company Eternity Law International provides professional services in the field of international consulting, auditing services, legal and tax services.

Ready-made companies for sale

Companies with a bank account around the world

Banks for sale

Established Banks for sale

Ready-made licenses for sale

Forex, cryptocurrencies, gambling, EMI, PSP, SVF, MSO, DLT

Licensing

Forex licenses, cryptocurrencies, gambling, EMI, PSP, SVF, MSO, DLT

Offshore company registration

Expert advice on the acquisition of an offshore company

Open a bank account

Open bank accounts in more than 120 banks around the world
Fill the blank: