Is Switzerland the best country to launch an ICO

[Jazz1993]

Is Switzerland the best country to register a new company to launch an ICO? what is the concept of registering dual companies & what are the tax implications of registering a company in switzerland?

[Harlot]

Is Switzerland the best country to register a new company to launch an ICO? what is the concept of registering dual companies & what are the tax implications of registering a company in switzerland?

I can only answer these questions as I honestly don't know why you think that Switzerland is the best country to launch an ICO. For you not being based in Switzerland you will be classified as a foreign corporation. Of course being a foreign corporation you will be subject on both countries tax burden meaning you will be paying income tax from both your country of origin and Switzerland. I don't even know why you want to based on a country just to launch a ICO when you can still internationally promote it to there.

[satana_igor666]

Previously, Switzerland was the center of the global banking industry.  But now with the development of other countries, it is losing its positions and now it needs new initiatives.  And the crypto currency market is a good start.

[gosha18]

They have already launched the ICO.  Switzerland will be able to resolve all the problems therefore why not.

[Girlsbit]

We need somewhere in Europe to start doing this.

[sunsilk]

I'm also curious why is it that you are asking if Switzerland is the "best' country to launch an ICO, is there something that we don't know about them?

what is the concept of registering dual companies & what are the tax implications of registering a company in switzerland?

I think you have to ask someone that's residing there or simply a lawyer that's base there so all of the questions that's rotating on your mind will be answered smoothly.

I don't even know why you want to based on a country just to launch a ICO when you can still internationally promote it to there.

Maybe it is because Switzerland is a rich country that can also be one basis of some investors?

[ruthbabe]

Not exactly I think. Yes, maybe because Switzerland is a neutral nation in any global affairs. But in Europe, I think it's Russia, while in Asia it would Japan, Hongkong and/or Singapore where usage of Bitcoin and other currencies is legal and tax-free.

[Jazz1993]

For all those who are asking why I am considering Switzerland, it is because most of the websites say Switzerland is the best place if you wish to launch an ICO. There is a constant comparison between Switzerland & Estonia. Most of the experts say Switzerland is pretty safe and an easy option. I want to know how true is that. I cannot launch an ICO from my own country as it is not very ICO friendly, thats why an offshore company

[detector]

I can see Swiss is the best place that suit for any new economical attempt.
Overall it's depend on their government whenever they want to legalize bitcoin or not but I can guess it still difficult to convince people to accept risky investment

[Bharat24]

Switzerland is rich country & able resolued all the problems. It is the centre of global industries. I think so it is the best country to lounch an ICO.

[Slipknot79]

This is debatable, places like Bermuda is also good enough to launch an ICO

[Kemarit]

Not exactly I think. Yes, maybe because Switzerland is a neutral nation in any global affairs. But in Europe, I think it's Russia, while in Asia it would Japan, Hongkong and/or Singapore where usage of Bitcoin and other currencies is legal and tax-free.

LOL. Why do you think that Russia will be a good place to launch ICO? Again, their contradictory statements really shows that they appreciate crypto as everything thinks. I would agree that Switzerland would be once of the best country right now, together with Malta and even Singapore. I see some ICO that I'm looking at in the past couple of days has a HQ in Singapore and others in Switzerland while Malta is very friendly as evident of Binance and OKex moving there. They even passed 3 blockchain law recently which proves that they will be one of the hottest crypto hubs in the next couple of years.

[yesyes18]

Is Switzerland the best country to register a new company to launch an ICO? what is the concept of registering dual companies & what are the tax implications of registering a company in switzerland?

It could be. I have realized there are many projects that base at Switzerland. It seems they've also set certain regulations there to help favor people who want to set start-up there. Estonia is also another place many ICOs base.

[veleten]

Switzerland is a good place to open such  a business,if you do not mind outrageously high prices there and
an overal pricey cost of living,if you plan to operate an e-business from abroad,Switzerland should be one of your primary countries to research
another good option would be not Russia,as suggested above,but...Belarus,their neighbours
it is a VERY cheap country to live at,especially if you are running a business and what is more important,they leglaized cruptocurrencies and made everything
to attract crypto business there,including this legislation:
https://www.reuters.com/article/us-belarus-cryptocurrency/belarus-adopts-crypto-currency-law-to-woo-foreign-investors-idUSKBN1EG0XO
https://news.bitcoin.com/cryptocurrencies-activities-legal-tax-free-belarus-starting-march/

[btc-facebook]

The most happiest people live in Swiss, not just because of the environment but also because of government policy.

I think Swiss is optimal place to launch as long as the government are not against with cryptocurrency ( of course , the government must think twice before to legalize cryptocurrency,right ? )

[Thanasis]

I don't even know why you want to based on a country just to launch a ICO when you can still internationally promote it to there.

Maybe it is because Switzerland is a rich country that can also be one basis of some investors?

I don't think because if the rich country,even if it is rich country the population is less so we can't expect more cap values from the investors on a particular country.Basically the wealth of a country will be based on GPA still it doen't means that country has the most currency,it simply means they have less population.I think the reason maybe tax and regulations will be favor for crypto currencies.

[Coffee135]

It seems to me that ICO will face hard times no matter in which country the project will be implemented. The world is globalizing and this can be a problem for ICO teams. The American economy exists largely due to the stock market and control over it. Therefore, the Americans will do everything to prevent the popularization of ICO dj all over the world.

[Kingofbitcoin12345]

Most ICO that successfully promoted and supported were from China,, sadly but that’s the reality.. Most known coins or tokens are widely advertised by the people with the government taking sides to it.. Maybe because of they’re mentality as a former communist country..

So with positive note.. China wanted to regulate this for the sake of its own people and that’s acceptable,, but it won’t be a favourable and popular decision for the cryptocurrency community around the world especially the westerners..

[gentlemand]

Is anywhere safe to launch an ICO from? If it's something I were considering I'd wait until the SEC had come out with some definitive answers about their attitude towards it. They might be storing up some scares.

There might also be ICO specific legislation being rolled out in places like Malta. At the moment I wouldn't take the plunge unless I was in a fully ICO friendly jurisdiction.

[buwaytress]

Switzerland is crypto-friendly, but this does not mean it will be any less strict when it comes to ICOs... or rather, it is even more strict with ICOs because of its crypto-friendly regulations. It's definitely a startup hub, with Zug being Crypto Valley, but their FINMA (finance, markets regulator) as early as mid-2017 already began cracking down on ICOs supposedly launching from Switzerland (very popular launch pad last year) and were supposed to release some public findings earlier this year but never recall seeing this.

FINMA's been pretty clear that while Switzerland (or any other jurisdiction, for that matter) doesn't have specific ICO regulations, they are prepared to seek and prosecute ICOs that have broken existing laws. It said so in this press statement, at the time of ongoing investigations: https://www.finma.ch/en/news/2017/09/20170929-mm-ico/

This is how ICO regulations stand at the moment: https://www.finma.ch/en/news/2018/02/20180216-mm-ico-wegleitung/