Best Countries for Bitcoin Businesses

[articrypto]

Obviously any countries without tax or very low tax, so not france lol, this is the worst country for this

Why not France ? Only 65% tax rate on gain. Lets go to this country !
The worst are those who ban BTC

[m0rrov]

I think Great Britain. Because British law uses bitcoin as a personal asset. And I heard Circle bitcoin company announced its intention to open an office in London.

[El Il-mythos]

I think in Japan is bothering best, I read that btc there is already approved by the government.

[daddypastes]

my bitcoin business in Indonesia and open the local
exchanger. Here quite prospects

i think bitcoin is best in philippines so that it can help many people of luck of work and it also helping to poverty....

[Rules85]

What are the best countries in the world to start and run bitcoin businesses?  For example, crypto-equity exchanges, bitcoin gambling, sites like purse.io, etc.  Are there any like this that welcome these sort of businesses and can these businesses avoid scrutiny from foreign regulators or do they still have to comply with the regulations affecting their customers?  Thanks!

I think Switzerland is also a good choice, because almost all of the cryptocurrency companies choose to develop in Switzerland, so it seems to me that Switzerland is a good choice.

[blozo]

Switzerland is very crypto friendly and no tax for the capital gains in general (including crytpo) 

[Qartersa]

Hearing so much suggestions on doing Bitcoin business in Switzerland.. I am not quite sure but the last time I checked, I know it has already scrapped the practice of helping the accused people by covering up on their Swiss bank accounts. This is not to speak ill about the Swiss government; please do not get me wrong. What I am trying to say is that before, the Swiss government allow people across borders to deposit monies with guaranteed protection from the same government that whatever money they have deposited will not be open for any investigation regardless of court orders. Correct me if I am wrong?

Nonetheless, I think so too that you can indulge yourself into Bitcoin business in countries that are accepting of it and are more than willing to regulate it rather than ban it all at once. 

[mitabacut]

I think the best bitcoin business country is Japan because in Japan BTC has become a legitimate Payment tool, and from what I read in the last few days in Japan there have been changes in BTC pay, so if I think Japan is the best country for bitcoin business .

[BitcoinGirl.Club]

I think in Japan is bothering best, I read that btc there is already approved by the government.

my thought exactly considering it already has the regulations in place Japan should not have a problem with a Bitcoin(crypto) Business but i think Singapore does have a conducive business environment.

[CryptoScotland]

I think Great Britain. Because British law uses bitcoin as a personal asset. And I heard Circle bitcoin company announced its intention to open an office in London.

Not really impossible to get a Business Bank Account for Crypto Currencies the bank's will run a mile been there, done it and seen it.  If you get caught dealing in BTC or Crypto Bank's will shut you down.

While excellent to do business but no bank will open you a Business Account

[flashbit]

Obviously any countries without tax or very low tax, so not france lol, this is the worst country for this

Why not France ? Only 65% tax rate on gain. Lets go to this country !
The worst are those who ban BTC

65% ? Guys are really crazy in Europe:) Why not give them all? Do you have any link for this tax, I have google but nothing is clear (or not in english).

[articrypto]

Obviously any countries without tax or very low tax, so not france lol, this is the worst country for this

Why not France ? Only 65% tax rate on gain. Lets go to this country !
The worst are those who ban BTC

65% ? Guys are really crazy in Europe:) Why not give them all? Do you have any link for this tax, I have google but nothing is clear (or not in english).

that's real.. There is a full topic to find solutions to avoid this...

No English article for crypto but you can look this article, 11.4 / share section. Its considered like shares so it's included in your personal revenu like work in progressive basis  (0 to 45%) + social cotisation of 16%.

There are some update with new president on tax for 2018, but we dont know if crypto will be included..

https://www.french-property.com/guides/france/finance-taxation/taxation/capital-gains-tax/shares/

[Tapyaks72]

Obviously any countries without tax or very low tax, so not france lol, this is the worst country for this

Why not France ? Only 65% tax rate on gain. Lets go to this country !
The worst are those who ban BTC

65% ? Guys are really crazy in Europe:) Why not give them all? Do you have any link for this tax, I have google but nothing is clear (or not in english).

that's real.. There is a full topic to find solutions to avoid this...

No English article for crypto but you can look this article, 11.4 / share section. Its considered like shares so it's included in your personal revenu like work in progressive basis  (0 to 45%) + social cotisation of 16%.

There are some update with new president on tax for 2018, but we dont know if crypto will be included..

https://www.french-property.com/guides/france/finance-taxation/taxation/capital-gains-tax/shares/

You  an go to Japan is the most Bitcoin friendly nation because there are  lot of establisment who honored  Bitcoin.doing business thier would surely prospher and even in Philippines  because Central bank of the philippines recognizes as a new innovative way of promoting economical way money remittances.

[reymartH]

Japan is one of the friendliest countries on earth towards Bitcoin and cryptocurrencies in general. Japan is one of the biggest trading hubs on earth concentrating lot of the cryptocurrency trading volume.

[Taki]

Japan is one of the friendliest countries on earth towards Bitcoin and cryptocurrencies in general. Japan is one of the biggest trading hubs on earth concentrating lot of the cryptocurrency trading volume.

Japan was the first bitcoin welcome country and it's normally, they always were on the side of technical progress and new technologies. But I would call Australia as the country where it is better to organise bitcoin based business. After they solved the point with taxation of crypto currencies all the terms for crypto business became just ideal there.
The choice of the country is definitely depends on where you are indeed, and today the list of bitcoin welcome countries is raising. Belarus recently announced that they will become tax free zone for everything that has something with crypto world. For now they did nothing special about it, but the prognosis is really optimistic, so Belarus easily can become the best place for bitcoin based business.

[flashbit]

that's real.. There is a full topic to find solutions to avoid this...

No English article for crypto but you can look this article, 11.4 / share section. Its considered like shares so it's included in your personal revenu like work in progressive basis  (0 to 45%) + social cotisation of 16%.

There are some update with new president on tax for 2018, but we dont know if crypto will be included..

https://www.french-property.com/guides/france/finance-taxation/taxation/capital-gains-tax/shares/

Well, I'll never visit Paris so... Why do they hate crypto so much?

So we have only 3 country in the world ? Japan, Australia & Belarus...

[wladsem555]

Japan is one of the friendliest countries on earth towards Bitcoin and cryptocurrencies in general. Japan is one of the biggest trading hubs on earth concentrating lot of the cryptocurrency trading volume.

... perhaps, countries are considered by the criterion, where the largest number of crypto-exchange exchanges?

[articrypto]

that's real.. There is a full topic to find solutions to avoid this...

No English article for crypto but you can look this article, 11.4 / share section. Its considered like shares so it's included in your personal revenu like work in progressive basis  (0 to 45%) + social cotisation of 16%.

There are some update with new president on tax for 2018, but we dont know if crypto will be included..

https://www.french-property.com/guides/france/finance-taxation/taxation/capital-gains-tax/shares/

Well, I'll never visit Paris so... Why do they hate crypto so much?

So we have only 3 country in the world ? Japan, Australia & Belarus...

They hate financial investors not just crypto
As I said, there are some new updates for financial investors... Hope it will change !




 

[Winderer]

So we have only 3 country in the world ? Japan, Australia & Belarus...

I live in Belarus and I want to say that our new Cryptocurrency Decree is the most loyal in the world.
Starting from March 2018, belarusian citizens will not pay taxes for mining, exchanging, buying crypto.

But the most interesting part is cryptobusiness. Becoming a part of HighTechPark, cryptocompany WILL NOT pay income tax, VAT and many other taxes. It's the best place for ICOs, exchanges etc. Of course, you should become a part of HighTechPark - you need to have strong business plan, administration will look at it in a month and you will get the answer (yes or no). If you are working business or you have great technologies, you have great chances!

Also I want to say, that opening company and living here is very cheap. Average salary in IT is around 1700$. So, even if for example Japan will have the same loyal laws, Belarus will be still at the top. 

I see a lot of companies from different countries who are interested in it, law firms are full of questions. And if you have any questions, I can answer it in direct, I have connections with IT-lawyers and HTP representatives. Good luck for all of you!

[flashbit]

So we have only 3 country in the world ? Japan, Australia & Belarus...

I live in Belarus and I want to say that our new Cryptocurrency Decree is the most loyal in the world.
Starting from March 2018, belarusian citizens will not pay taxes for mining, exchanging, buying crypto.

But the most interesting part is cryptobusiness. Becoming a part of HighTechPark, cryptocompany WILL NOT pay income tax, VAT and many other taxes. It's the best place for ICOs, exchanges etc. Of course, you should become a part of HighTechPark - you need to have strong business plan, administration will look at it in a month and you will get the answer (yes or no). If you are working business or you have great technologies, you have great chances!

Also I want to say, that opening company and living here is very cheap. Average salary in IT is around 1700$. So, even if for example Japan will have the same loyal laws, Belarus will be still at the top.  

I see a lot of companies from different countries who are interested in it, law firms are full of questions. And if you have any questions, I can answer it in direct, I have connections with IT-lawyers and HTP representatives. Good luck for all of you!

Thank you for the additional information. On the other hand, I guess you have to be a resident of the country to open up your business and take advantage of this generous taxation. The problem is that the country is very cold.
I'll PM you.