BITHUB

BITHUBCOMMUNITY

Hello, bro.

There is one more good information in my opinion. There is a new forum again which is not just an ordinary forum for crypto fans. They are named BITHUBCOMMUNITY. They have the vision or purpose of becoming the number one social media for the cryptocurrency community. On their platform you can hold discussions, express your ideas, and promote your project in a single platform where it serves social media, blogs and forums at once. Visit their site HERE https://bithubcommunity.com/

Vision:

To be the first Social media for crypto currency community.

Mission:

To create a platform where every crypto enthusiast can discuss, elaborate, express their ideas, and promote their project in one platform that can cater social media blogs, and forum.

Who and where are our service buyers?

Blockchain technology and the resulting cryptocurrency world have no national borders. Therefore, we can assume that the issue of tokens is usually aimed at the largest group of potential buyers in various parts of the world. Of course, you must know that each of us is guided by different ideas, stereotypes or prejudices. In general, investors prefer what is close to them and familiar to them. If the majority of our target audience is in Asia, we must seriously consider the choice of Singapore or Hong Kong. Europe will come closer to Estonia, Malta, Switzerland and America to the stability of various American states. There are also offshore jurisdictions (British Virgin Islands, Cayman Islands, Panama,

What are the legal conditions in some countries?

Due to EU policies and the needs of the financial sector (especially banks), companies in the cryptocurrency industry introduce a broader AML (Money Laundering) procedure and know your client's procedures (KYC). A well-designed and anti-money laundering process enhances the credibility of the issuer, which increases the chances of success of the project.

In addition to the above procedures, the tax regulations and its clear interpretation of the ICO are also very important. In some countries, such as Poland, the risk of using unprofitable sources of income from ICOs can have a significant impact on the profitability of the whole of society. We will therefore exclude the feeling of regulating emissions in Poland, where the interpretation of the law is unclear, and even some government agencies compare cryptocurrency to financial fraud. It is also important to avoid the big radical countries where the ICO is banned, such as China, Macedonia or Morocco.

In our area of ​​interest, these must be countries where the activities of publishing and selling coins are legal and that state authorities consider positive. In Europe, for example, we can consider Malta, which officially stands out as the most socially friendly place for companies in the cryptocurrency sector. The call from Malta is confirmed by the presence of the largest stock market in Europe in its market. Estonia also deserves to be examined. Like Malta, it has clear rules and an attractive tax system, but it is a much cheaper solution. Switzerland is the European country where ICOs are led from all over the world. However, because of the significant costs associated with preparing and maintaining activities,

Control

The peculiarity of each company is to seek the maximization of profits and minimize the tax burden. Therefore, tax planning is a major problem for successful businesses. Those who do not mention them usually do not generate income and therefore do not pay taxes. In considering tax objectives, it is necessary to pay attention to the effective tax rate, not just the nominal tax rate. Malta is an example. The nominal tax rate is 35%, whereas companies actually pay only 5% because of the replacement system. However, tax returns can take months, which severely limits the cash flow of the business.

Tax issues need to be considered from different sides. A significant problem is the security and legality of the shareholder's tax location, director of the ICO. Double taxation treaties usually contain rules for the taxation of companies operating in two different countries The regulation of CFCs, which takes different forms in different countries, is also key. We are talking about the example of Estonia as a tax-friendly country for a Polish taxpayer.

TCO

The cost of business services and services provided by various companies in different countries varies considerably. In general, offshore countries are the cheapest countries that do not require detailed reporting and accounting. There is a need to pay attention to the reporting requirements for local administrative costs and the costs of consultants and accountants. The level of digitization of a country's administration has a significant impact on costs. The ability to manage a business remotely via e-government avoids high costs for international shipments.

We are often faced with the need for legalization and translation of legal documents, which can be very costly and time consuming in some countries. It can be assumed that the registration of the company itself is not enough to do business in the country of our choice. What is also important is the cost for employees who commute and stay on the site.

Bank account

Over the last three years, the criteria for opening bank accounts of foreigners and non-residents have deteriorated considerably around the world. Therefore, it is very important to consider the possibility of opening a bank account when choosing the jurisdiction. In general, companies do not need to have a bank account with national banks. For an international company controlled by Polish taxpayers, the easiest way is to open a bank account in Poland. However, it is better to consider the required documents, the ease of supply and the perception of a particular country by a Polish bank. The complex property structure of the company and its registration in a country classified as "tax havens"

We must also remember that most KYC banking procedures used require personal exposure to the industry. When traveling to the Czech Republic or Estonia, regardless of the distance, traveling to Hong Kong without a guaranteed success can be very expensive in time and money.

Forums like this are really needed to be a fast way so that the community of cryptocurrency lovers can grow rapidly and have a big positive impact on the world. As bitcointalk has also developed rapidly with various kinds of discussions in it, BITHUBCOMMUNITY will also not be inferior to the various features they provide. Related to the website display is also very interesting and easy to use like other social media platforms such as Facebook, Twitter, etc. Even more amazing for you is that they are holding a bounty published on bitcointalk with a total prize of 31 BTC in the form of 100 MBCHx. There are several bounty categories that you can follow and that in my opinion is very easy to follow because it only covers social media, blogs, signatures and translations. There is also a special bounty there. 

For More Information Click Link Bellow:
Website: https://bithubcommunity.com/
Telegram: https://t.me/BithubCommunityOfficial
Facebook: https://web.facebook.com/Bithub-Community-2120074531643326/
Twitter: https://twitter.com/BithubC?s=07

author:
rivaldo2020
BTT Profil link: 
https://bitcointalk.org/index.php?action=profile;u=2051385

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