ANNOUNCEMENT!
Asset Exchange is a great tool, but will not succeed without service providers. The most important question is…
How to get legal FIAT out of the IPO?Let me explain the IPO process using Nxt´s Asset Exchange through our example:We have a limited liability company (ltd) in Austria with financial reports for the last two years which is accessible online. The owners are known; we will try to provide a reasonable business plan and are ready to attend Q&A sessions so we can wave away all doubts. We are planning to pay dividends regularly to our investors depending of income.
We are not a startup, but for this project, we will need another office, new developers, and a lot of things related to the daily job which we can´t (yet) pay with Bitcoin or Nxt, so we will definitively need FIAT to make those purchases. We need legal FIAT that the company can spend.
I am pretty sure that after the story with Visacoin (and all the other scammers) most of us will only invest in companies/projects of well-known community members, where the transparency is given, so you know whom you are lending your money. And they will also need a gateway to get legal FIAT out of the IPO.
I decided to consult a tax advisor, a business consultant and a professional offshore consultant to get an overview about the possibilities. And I am more than thrilled about the news I got.
My offer:There are several ways for a company to get FIAT out of crypto, paying only a reasonable amount of tax. But all the ways are going through a special company (with special license) that is made for this purpose. There are professionals who know how to set things up in a LEGAL way, without risks. Sure, we need to pay (a reasonable amount of) taxes, but for that, we can have a good night´s sleep without the risk of getting busted for money laundering, tax evasion or something similar. We can have our own company, earn money by charging handling and transaction fees, AND help the community to grow and evolve. I am looking for a well-known community member to team up with to found this special company. I am a member of the community since the end of November and am ready to meet in person, wherever we can arrange it. This is a big opportunity, I think, but I can´t do it alone. I need someone to brainstorm with, to share the ideas, the work, the responsibility, the win and of course the risk of this investment.
Setting up a company (anonymously, so our name will not be linked to it) will cost 15 000 Euro (around 33 BTC or 350 000 Nxt) INCLUDING all costs for setting up the company in the Seychelles, all the consultants fees, and all other connected costs for the first year. From the second year on, the maintenance costs will be around 6000 Euro + an annual turnover tax of 1.5%. Setting up the same company not anonymously would cost 10 000 Euro.
We will be able to help to convert crypto to FIAT, and also to pay the dividends (in a legal way in FIAT) to the investors through our company if the startup doesn´t want to bother with this. Something similar to what Havelock Investment is doing, except, that we will not look for projects and attract investors, as this will be done using Nxt´s Asset Exchange. We step in once the funding was successful and the desired amount of investment was raised by the community.
I´ve already spent around 500 Euros on consulting with the above mentioned guys, so I am very serious about this, but will not start the project alone, just to make this clear.
I will be in Moscow this Friday till Monday and will be in New York in the end of March if someone would like to discuss this in person.
