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Need advice on starting a Bitcoin ONLY company.
by
KawalGrover
on 04/08/2014, 18:23:41 UTC
I've asked this question on Reddit as well, and wanted to cross post this on this forum:

So, I've heard Nic Cary talk about how Blockchain is a company that does not have ANY bank accounts.

I have a few questions:
1. Where in the world should such a company be created/registered?

2. The company has to be structured so that it passes the 'legitimacy test' for companies like Coinvoice and others that will help the conversion of FIAT to BTC.
[I want the company to be able to invoice in BTC and if the customers pay in USD then do the invoicing through a company like coinvoice to handle the conversion, and perhaps a similar conversion for other FIAT currencies (EUR, INR, etc). ]

3. Has the simplest rules and formalities and the lowest tax burden in terms of operating an entity.

4. Any other things I need to be aware of or should consider.


Thanks for all your help and feedback in advance.