Incorporating in El Salvador

[chiefhodler]

Does any one have experience of incorporating in El Salvador? Any good references appreciated. I want to incorporate my bitcoin business in El Salvador. Please help.

[tabas]

I have no idea but with a quick search about how to do it, these are the results that came out;

• Essential Guide to Incorporate a Local Company in El Salvador
• How to Register a Company in El Salvador?
• El Salvador Company Registration Services – Easier Process

The last link seems to be a consulting firm and they've got a note on the bottom part of that page that they're assisting people/businesses that wants to register their business in El Salvador. The article also indicated some business that has high potential but I wonder if your Bitcoin business is one of them.

[OcTradism]

I want to incorporate my bitcoin business in El Salvador. Please help.

They are friendly with Bitcoin and El Salvador is a first nation makes Bitcoin legal tender. They airdropped bitcoins to their citizens too but if you want to have business there, it is risky.

El Salvador has very high criminal rates and it is not a safe place to run business. I am not sure your idea to incorporate business but if you will directly open business office there, it is risky. If you do it indirectly through your business partner, it is still risky as your business partner will have risk of criminal activities too.

I don't think it is impossible for business as many companies have their business in El Salvador with Bitcoin and Lightning Network. Just aware of risk.

[Doan9269]

Does any one have experience of incorporating in El Salvador? Any good references appreciated. I want to incorporate my bitcoin business in El Salvador. Please help.

Though I don't know much about incorporation in El-Savador through bitcoin but I've read about many instances for that and industries are looking for more opportunities to incorporate their own establishement or businesses also in El-Savador because of the bitcoin boom over there, there's a thread where discussions on El-Savador is being made https://bitcointalk.org/index.php?topic=5342087.0 maybe you can try as well post on the thread or reference your link there for more adequate updates those in El-Savador can offer you or link you to.