Mining Crypto-Currency Bitcoin, Ether and Altcoin, Legal Advice from LawyersMore and more popular, crypto-currencies such as Bitcoin and Ether are frequently the headlines of economic news and their price is more and more interesting.
In this perspective, many entrepreneurs decide to embark on the “mining” of cryptocurrency.
In order to set up a cryptocurrency mining business, a contractor will not only have to secure many technical elements, such as the price of electricity, but also ensure legal, tax and regulatory compliance .
In particular, it is recommended to consult a lawyer familiar with the crypto laws, so that it can advise on the following:
The analysis of your current situation,
Compliance exam in corporate law and commercial law advice (shareholder agreement, employment contract, space rental)
The tax analysis of the company and the tax optimization for the shareholder (s),
Review of the Canadian and Quebec Regulation (FINTRAC and AMF)
Review of anti-money laundering legislation and determination of required licenses, if any.
Our canadian law firm offers an all-inclusive solution for startup companies in cryptocurrency mining to identify important points and ensure tax, legal and regulatory compliance
www.bitcoin-law.ca
