It is prestigious for every business to register a company in Switzerland. And, since the cryptocurrency business is currently actively developing, many are interested in registering an ICO company in Switzerland. In this jurisdiction there is a canton called Zug. It is often called the crypto valley, as excellent conditions for the development of the crypto business are created here. A lot of startups are developing in this region. While in most countries the status of bitcoin and other cryptocurrencies is in question, Switzerland conducts on a regular basis specialized committees of the ICO association and financial regulator of Switzerland FINM, and work out the rules for working with cryptocurrency business.
Registering a company in the canton of Zug - the lowest tax canton in Switzerland - is an excellent option for working with bitcoins. Here, this type of activity is governed by general rules of financial intermediation. These norms cannot be attributed to a business, where a cryptocurrency is only accepted as payment or acts as a means of payment. These norms are directly related to brokerage bitcoin activities, to organizations, that have their own trading platforms.
Read more about how to register a company in Switzerland here.
If you decide, that you are ready to register an ICO company in Switzerland, you will need a license. Anti-Money Laundering License in Switzerland allows:
It is possible not to obtain a license for ICO activities in Switzerland, if the company is a member of a self-regulatory organization in Switzerland. This organization controls risky activities of its members. The cost of membership in this organization is approximately 30,000 francs per year.
With the help of IQD Consulting lawyers, you will get the opportunity to register a company in Switzerland to work with Bitcoin, to obtain a Swiss license to work with Bitcoin, and also to open an account with a Swiss bank.
Ask for individual advice on setting up a Swiss company and our specialists can also offer you such an option as buying a ready-made ICO company in Switzerland with a license.