Re: Cheapest country to launch a cryptocurrency exchange (possibly ICO)?
Estonia is good
Good because every administrative paper can be done online and in English. Most citizens use English daily, even the government website has an English version. It's clear and well explained. I like how simple is their administrative system even for foreign folks.
I don't remember the cost to open a company there but the fee is marginal and maybe none existent.
You can apply for the E-residency, it costs about 100 and you become a (virtual) citizen of Estonia. You can then open a company easily after.
The related taxes are also simplified, no need endless hours for accounting, you can't even forget to pay
I was not aware of this much easier citizenship LOLGood because every administrative paper can be done online and in English. Most citizens use English daily, even the government website has an English version. It's clear and well explained. I like how simple is their administrative system even for foreign folks.
I don't remember the cost to open a company there but the fee is marginal and maybe none existent.
You can apply for the E-residency, it costs about 100 and you become a (virtual) citizen of Estonia. You can then open a company easily after.
The related taxes are also simplified, no need endless hours for accounting, you can't even forget to pay
Are they for real?
Yes it's real https://e-resident.gov.ee/ but it's not pure citizenship otherwise the country would already be invaded by refugees. But as a European citizen, you can easily refugee there
I remember a law saying that once you live there for 2 months you can go to any police station to get a VISA you even get the free health insurance lol.You don't need to create a company to apply for the E-residency but if you do you can manage everything (related to it) from your home. The government digitalized almost everything years back.