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What do you think about an offshore corporation for Bitcoin startups? Considering the regulatory environment in the USA, is it better to incorporate in someplace like Panama or Switzerland?

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The intersection of bitcoin and business and tax is an interesting place to be. Governments will, I think, want to reach out and smother Bitcoin with a pillow. How you prepare for that is an interesting question. He said. :-)

In choosing where to form a corporation you have to think about the protection that the country offers you.

My prediction is that after the USA has beaten Swiss banks into a pulp they will start marching through the Carribean. What is a tiny country going to do when Uncle Sam's minions land with a thud?

If you are a US citizen it doesn't make a difference. You'll still need to register it as a foreign entity within the US and US laws will still apply. If you're not a US citizen you're lucky.

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