Hi guys,
Firstly, amazing forum! i have been reading and learning for the last year and finally decided to do something and now i am hoping i can get some amazing advice from you amazing people.
So i recently met a bitcoin OTC guy here in my country and he informed me that he would be willing to buy 10 bitcoins everyday from me and sell in the market here.
So i was thinking of setting up a company in Hongkong as it appears to be easy, then open an account with Mistertango, as soon as i get an order, i will buy the Bitcoin The money i will use is my own. and then send it out.
One thing i am confused is, if its a business account would Mistertango accept third party payment? and if it does would i be liable to any taxes, i have no problem paying but i want to be sure
Secondly, i wanted to send a swift to mister tango, but the banks here need the reciever name which for swift is UAB mistertango but they also need address as well as Reciever bank address which is another bank.
I tried asking the support but i have been waiting for a reply.
Do you guys think its a workable structure for doing 100k USD of trade everyday.
If not, please do help me with a better structure
Though i wont be getting too much, i could get around 0.1% which would be a lot of money in my country
Firstly, amazing forum! i have been reading and learning for the last year and finally decided to do something and now i am hoping i can get some amazing advice from you amazing people.
So i recently met a bitcoin OTC guy here in my country and he informed me that he would be willing to buy 10 bitcoins everyday from me and sell in the market here.
So i was thinking of setting up a company in Hongkong as it appears to be easy, then open an account with Mistertango, as soon as i get an order, i will buy the Bitcoin The money i will use is my own. and then send it out.
One thing i am confused is, if its a business account would Mistertango accept third party payment? and if it does would i be liable to any taxes, i have no problem paying but i want to be sure
Secondly, i wanted to send a swift to mister tango, but the banks here need the reciever name which for swift is UAB mistertango but they also need address as well as Reciever bank address which is another bank.
I tried asking the support but i have been waiting for a reply.
Do you guys think its a workable structure for doing 100k USD of trade everyday.
If not, please do help me with a better structure
Though i wont be getting too much, i could get around 0.1% which would be a lot of money in my country
