Bitcoin Forum

Hello,
how is possible to form a web agency company that also accept Bitcoin? what are the best countries to do that?

Thank you for reading

Some companies that have problems with banks transfers between bitcoin exchanges (even in cuntries where bitcoin is legal) saying that atm the best country to open business associated with Bitcoin is UK (at least in Europe)

Web agency for what exactly first? It's easy to build a website if you know how and if not you could hire some help with a lot of people in here who is willing to do the work for you in exchange of coins. Also if you are planning on a project, you have to set your funds.

I'm sure that OP know what he want to do, and is prepared to run this bussines. It looks like don't have experience with Bitcoin.

Any help with Bitcoin-related projects you can find in "Services" section on this forum - here:

https://bitcointalk.org/index.php?board=52.0

I plan to form a company for building websites and also selling website made by us, we are not talking about wordpress website where you change theme but solid website 100% custom written by us front end and back end

I've red that Denmark and Slovakia doesn't consider Bitcoin as a currency(on wikipedia), this means that all gains are not taxed?

I don't know country where Bitcoin is consider like a currency..(?)  ::) (Funny, because now temporary i'm in Slovakia - beautiful country btw ;) )
Problem with tax is not about Bitcoin, but more about earnings from your business connected with Bitcoin. And - like i wrote before in many countries companies have problems with banks - because they are afraid about non-regulated situations.

I'm talking about
https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country
https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country#Denmark
https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country#Slovakia

Slovakia:
"The National Bank of Slovakia (NBS), stated[29] that bitcoin does not have the legal attributes of a currency, and therefore does not fall under national control.[note 5] European legislation, including the Slovak law, does not define the activities associated with virtual currency. Such activities are not regulated and supervised by the National Bank of Slovakia or the European Central Bank.[...]"

Denmark:
"FSA says that doing business with bitcoin does not fall under its regulatory authority and therefore FSA does not currently prevent anyone from opening such businesses[...]"

If a company wants to accept also Bitcoin, earnings from Bitcoin should not be taxed in this countries?

Informations in Wikipedia are incorrect. This same situation like you quote is in almost all countries - at least in Europe.
If you want, I you can look for you for a specific information, but you can trust me - is like that.

In most countries, probably you will have to pay tax from income - thats normal. But if the country law is not regulated, nobody will give you the answer to this question. It depends on the Tax Office for a given location. In other words, to get the answers you need to write a letter to the tax office nearest the place where you want to start a business.

Denmark and Slovakia are the countries that i found myself reading wikipedia, probably there are more, there is no problem to pay tax income on bitcoin or fiat, but i'm trying to find the best country

if you are ready to pay tax on income from bitcoin, then i think UK is the best country where you can find that local shops are also accepting bitcoins, and their are so many exchanges locally . their they will guide you with full details about doing business with bitcoin.

You don't need any special software, and you don't need a location either. Just have a nice website to begin with, all you need is BTC address. You tell your customers you request a 30% down payment to begin the job, and off you go. Tax? Regulations? If everything is immaterial, you can start your business without worrying about that.

This is not a good suggestion, i'm trying to form the company legally

As long as the tax office doesn't know which exchanges you use for trading, everything is legal ;)  ;D

As I said earlier, many companies have moved to the UK .. Such rumors I've heard ..

And how do you plan to pay bills and use fiat for every day use? we want also to accept normal bank deposits, since where i live no one accepts btc,
UK limited company is not the best for a company that sell digital goods/service because needs to adapt to the laws,vat rate etc.. of the country where the consumer (that buy the digital good/service) is,

someone can help me?

All right, as you like. So you set up a normal company respecting all current regulations where you are (you should find information at your local chamber of commerce) and when there's a customer willing to pay with BTC, you instantly go to an exchange to convert them into your local fiat.

Here is something fresh what can be useful for you:

http://www.cnbc.com/2015/10/22/reuters-america-bitcoin-currency-exchange-not-liable-for-vat-taxes-top-eu-court.html

If this is a huge concern, you should speak with someone in your country who is familiar with the relevant laws.

Web agency refers to web designing agency. Means an agency which designs websites for other people for money. If you have such agency or thinking to make one, its an awesome idea to accept bitcoins as a mode of payment.. It will ease your customers and also increase reputation of your agency.
For this you just have to grab a wallet for your agency. Give this wallet address to your customers and voila!! You just expanded from your horizon.. Accepting bitcoins also helps you receive international customers.

That country would be the internet. There is no physical country to have a store in where bitcoin would work. You need to offer your services on the internet and find customers that want to pay in bitcoin.

Though there are already a number of people here on BCT that offer such services. You need to be better or promote better.