Establish a legal entity for crypto trading
Trading cryptocurrencies and other virtual assets via a corporate entity can offer limited liability, asset protection, plus business diversification. Setting up a limited company in Gibraltar provides tax benefits as well as a regulated environment for businesses involved in virtual asset-related activities.
An increasing number of companies worldwide are using cryptocurrencies and other virtual assets for a host of investment, operational and transactional purposes.
Transferring cryptocurrency to a limited company offers several advantages. Firstly, it can be tax efficient. A company benefits from a lower tax rate compared to an individual.
Additionally, transferring your crypto to a limited company can diversify your company’s business holdings. You can use the company’s crypto to act as an investment or a medium for transactions.
What’s more, your company can potentially leverage crypto for business operations. This includes paying suppliers or accepting customer payments.
Cryptocurrencies or digital currencies can be traded for other assets, such as conventional fiat money, or different digital currencies via a cryptocurrency exchange or digital currency exchange (DCE).
For any clients with requirements to trade crypto via a corporate entity, Sovereign offers the following services:
- Establish the legal entity
- Assist banking introductions
- Custodian Services through trusted partners
- OTC, discretionary and execution only investment services through trusted partners