This is my first post on bitcointalk and I’m sure this has been discussed in some thread previously though I couldn’t find it, so I’ll say sorry in advance. However it’s a pretty important and central topic so I think it deserves all the attention it can get.
I’m in the process of planning the start up of a company that will use bitcoin technology to let people easily pay for and download certain kinds of digital content. While I might start up the company and conduct development of software etc here in my country of residence, Sweden, I’m not sure it is optimal to actually run the money making part from a company based here. The question is where to base the company that will actually be earning and selling bitcoins and where the servers required to run the system will be based.
Which leads to my question. In what country would it be optimal to actually run that part of the business from.
Luxenbourg looks quite promising though there seems to be lacking information on VAT and capital gains.
http://bitlegal.io/nation/LU.phpGibraltar also looks interesting with no VAT or capital gains tax.
http://en.wikipedia.org/wiki/Taxation_in_GibraltarAnd then there is a whole range of other like Jersey and Isle of Man, it’s quite a jungle of choices.
What are your thoughts on this? Which country in the world is likely to attract bitcoin companies based on their regulatory environment? Which are the best ones and what are the pros and cons?