Which countries have banking friendly to companies that get paid in bitcoin?

[NathanJB]

I want to establish a company to sell software to help in bitcoin trading.

I could get paid in fiat via a payment processor, but even still, banks have told me at one country I was going to incorporate in, that even getting euros or dollars on my account from such business would be a problem.
Is anyone aware of countries, preferably, of course, with a low tax rate, that don't have issues with their clients getting money from this?

Thanks.

I am not sure with tax rates but I guess you have a handful of choices in terms of countries that are crypto friendly. Lichtenstein is one country which shows a lot of friendly gestures toward crypto. You can also choose Malta. Estonia is also a choice. In Asia, you have countries such as Japan and Singapore that have got no problems with crypto. But you need to do a more meaningful research and coordination to make your business successful and hindrance-free

[SquallLeonhart]

There are lots of countries that are friendly to bitcoin. I think China lifted their ban on cryptocurrencies and there are other countries as well. Bitcoin is also used in the US, there are some laws though, and you should look into that and know wassup. Even in Europe there are also friendly countries like Sweden, and also in Africa there are countries like Nigeria , and much focus has been there lately.

There are even exchanges there already, like the UK Luno exchange. I even discovered that Link has been there since and functioning for years, and their banks are really friendly with crypto exchanges. There are many good countries that are good, if you check Wikipedia you will see every country that allows Bitcoin.

[palle11]

and also in Africa there are countries like Nigeria , and much focus has been there lately.

As for Nigeria, I wouldn't say it is called a bitcoin friendly nation because the government hasn't been making any news on that aspect of financial transaction. They have not rejected it like some countries did before or now and they have not also made any supporting speech on it. People there who have knowledge about it are just doing what the globe is doing on it.

[alexsandria]

There are lots of country out there accepting crypto currency. Those who are mentioned in some news, making some noise about banning, cracking down and other stuff about crypto are the top countries you need to avoid. Well, those who are remaining silent, and discreet about crypto are something more friendly though not totally, but at least they are open.

[hello_good_sir]

I want to establish a company to sell software to help in bitcoin trading.

I could get paid in fiat via a payment processor, but even still, banks have told me at one country I was going to incorporate in, that even getting euros or dollars on my account from such business would be a problem.
Is anyone aware of countries, preferably, of course, with a low tax rate, that don't have issues with their clients getting money from this?

Thanks.

I don't think you'll have an issue with this, where I've seen, bank accounts have only really restricted accounts or paused them, if there is a large amount of traffic or if they are engaging in crypto-trading, and are directly linked to exchange. Selling an item should be fine.

If you are working via a payment processor, and only accepting fiat, just make sure your able to work with one that won't randomly fuck over your company, and personally wouldn't work with PayPal, even though it is very convenient.

[crisanto01]

There are lots of country out there accepting crypto currency. Those who are mentioned in some news, making some noise about banning, cracking down and other stuff about crypto are the top countries you need to avoid. Well, those who are remaining silent, and discreet about crypto are something more friendly though not totally, but at least they are open.

It is not because they are silent meaning they are already in favor in Bitcoin or any form of cryptocurrency, they are just investigating all the possible things, meaning they are really doing their job, that they are checking the advantage and the disadvantage before they do action in banning them immediately which is a good thing for all of us.

[Shenzou]

If you are going out of your way to look for a country to move in so you can start a cryptocurrency based company, than you are better off doing something else, what happens when suddenly that country changes its policies you will be in a deep trouble, i mean we though that china was the paradise for crypto mining and exchanges for a long time , and look at them right now, if you want to take teh risk than Malta is probably the best option since a lot of crypto related sites are based in there.

[AliMan]

There are lots of country out there accepting crypto currency. Those who are mentioned in some news, making some noise about banning, cracking down and other stuff about crypto are the top countries you need to avoid. Well, those who are remaining silent, and discreet about crypto are something more friendly though not totally, but at least they are open.

Basically that's the actual situation in several asian countries right now, they're not actually retaliating about crypto but open to whatever opportunities in line with it's acceptance for public use. In my country right now, there's no companies or private sectors that implemented crypto on their payroll yet or using crypto as their mode of salary. However, that's used on basic trading on both fiat and crypto trading, also being affiliated on payment services like bills payment, as part of their services menu choices.