The HQ is in Sofia, and the taxes will be paid where the ICO recipe is made ... I agree. Apparently, this takes away from the Team the fiscal responsibilities for performing ICO stating another location, if I am not mistaken. But at some point it is money in whatever kind needs to be declared in the Country of origin, would not this lead to problems?
No there is no tax on ICOs; the taxes are paid where revenues are generated; revenues will mainly be generated through the exchange, so taxes will be paid where the exchange is located. Also, some revenues will be done through the market place and partnership, and this will be directly been taxed in Sofia.
I'd like to ask, why did you prefer Sofia for headquarters, i am sorry if you answered this question before i started reviewing this project recently.