Binance is giving up on all the hassle of being located in a jurisdictional area that hassles them and so Binance is now moving to low tax Malta.
Could this be happening at an opportune time to show Solaris the possible best jurisdiction for the crypto exchange they are planning to build?
Think about locating your crypto exchange in Malta.
This below is not an advertisement for the company featured on the sites below but is meant to help Solaris steer their exchange to possibly the best location.
http://www.fbsmalta.com/malta-company-incorporation-fees-and-procedure/http://www.fbsmalta.com/malta-tax-advantages-2/Malta as an EU Financial & Business Centre
Malta is a member of the EU and a fully flexed, modern international business and financial centre, with excellent infrastructure, situated at a strategic geographic location and time zone. English is one of the two official languages, the other being Maltese, with French, Italian and German also widely spoken.
Malta has succeeded in differentiating itself from other financial centres. It has a favourable tax system with a wide network of very beneficial double tax treaties. As a result, Malta today is firmly established as a reputable, dynamic, international business, financial and commercial gateway for investments into or from Europe, Northern Africa, Asia and the Middle East.
Malta is a tax-incentive country and not a “tax-haven”. Malta Companies are fully-regulated, onshore, EU entities, which however allow their shareholders to reap full benefits from a series of attractive tax refunds (final tax rate, 5% or less in most cases); Malta has an excellent infrastructure allowing clients to create “substance” to their tax planning in the form of setting up fully-flexed offices or operations in the island (avoidance, if deemed necessary, of brassplate operations). This is particularly important in the case of licensed entities such as investment managers, fund administrators etc; where a minimum local presence requirements need to be maintained at all times; Malta is the jurisdiction of choice for a prestigious, onshore but low-tax presence. During the past seven years, Malta has established itself as a leader in Remote Gaming with over 300 licensed entities, and secured an ever-increasing clout in financial services, particuarly throughout the licensing of Professional Investor Funds.
You can make contact to initiate the incorporation of a Maltese registered company and start reaping the full benefits of an onshore, low-tax, EU jurisdiction.
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