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CRYPTO & TAXES
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SANDY SANDFORT Reply to: [email protected]
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
C'Punks,
I was asked in private e-mail:
So how does the average US citizen go about starting a
Cayman Islands (or similar) corporation? . . .
Look in the advertising sections of international publications
such as THE ECONOMIST, THE EUROPEAN and THE INTERNATIONAL HERALD
TRIBUNE. Every issue will contain several ads for incorporation
services. These services exist everywhere, but for historical
and legal reasons, many have offices in the UK or Isle of Man.
Request information from every company with an ad. You can save
big by doing a little comparison shopping. Follow the ads for
several months, if possible, to see which companies stay around
and which are fly-by-night operations. Even better, check back
issues from previous years to see if the same folks are still in
business.
The following, is a fee schedule from just one such company:
____JURISDICTION_________ANNUAL_FEES_________FORMATION_FEE_______
United Kingdom B# 32 B# 150
Hong Kong HK$ 1200 HK$ 2500
Ireland IR# 10 IR# 195
Isle of Man B# 285 B# 250
Gibraltar B# 250 B# 250
Jersey/Guernsey B# 600 B# 500
Turks & Caicos US$ 300 US$ 500
Brit. Virgin Is. US$ 300 US$ 500
Bahamas US$ 100 US$ 500
Liberia US$ 100 US$ 750
Panama US$ 150 US$ 750
Of course, these companies offer lots of other interesting
services, as well. Come the crypto-anarchy--or just a simple
bank in cyberspace--and everything gets a lot easier, a lot
cheaper. (If Detweiler thinks things are "bad" now . . . )
S a n d y
>>>>>> Please send e-mail to: [email protected] <<<<<<
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