Confidus can offer you some ready tailor-made solutions, depending on your ultimate goal. Below you can see some readymade solutions, however, it is suggested to enquire, as we may develop and offer other solutions on case-by-case basis as well.
BitCoin and cryptocurrency licensing solution
A cryptocurrency is a digital asset designed as a medium of exchange. It uses cryptography to secure transactions as well as to control the creation of additional currency units. Cryptocurrencies are digital currencies, a subset of alternative currencies. The most popular cryptocurrency is bitcoin, and since it was invented the various new cryptocurrencies that have been created are frequently called altcoins, as shorthand for
Some countries that have managed to come to terms with bitcoin have gone one step further and introduced bitcoin ATMs: internet machines that look similar to regular cash ATMs and allow people to exchange bitcoins and cash. These machines can be used to purchase bitcoins or to change them back into cash. You can even set up your own bitcoin ATM if local regulations allow.
Royalty structure solution
Irish resident companies are very attractive at the moment because they can be used for the utilisation of intellectual property. The reason why Ireland is such an attractive option for the exploitation of royalties is that, generally speaking, no withholding tax is applicable to outgoing royalties (except on patent and mining royalties, but even these may be exempt under certain circumstances).
For many licensing structures, Ireland will be the best location for an intermediary licensing company for the exploitation of all types of intellectual property. With its new, convenient capital allowance regime, Ireland is now an ideal location for developing, holding and exploiting IP. It is important to remember that every case is different, and appropriate advice must always be sought.
Agency structure solution
An agency company is an entity that has entered into an agreement with an offshore company (the principal) to act as an agent. The agency company itself does not conduct business activity in Austria, but receives income from the agency commission.
At all stages, the agency company conducts business on behalf of the customer, who may be a company located in a tax haven, under the terms of the agency agreement. Business transactions are conducted through the Austrian company (which may trade, with VAT, with EU and non-EU companies) and the revenue is received into its bank account. After deducting a commission, the capital amount is transferred to the account of the real seller (e.g. the EU company).
The Panama private foundation as an asset protection solution
The Panama foundation is a type of private foundation specifically designed as an asset protection tool. The most obvious advantage of the Panamanian private foundation is that it is a distinct legal entity, independently capable of exerting its rights, executing agreements, acquiring property, etc.
On the other hand, the difference between an offshore limited liability company and a private foundation is that the latter does not engage in commercial activity and cannot be used for trading purposes. Nor is it to be confused with a corporation, which has owners and members. However, a Panamanian private foundation can participate in investment activities: real estate, holding shares, bonds, patents, interests, stocks, etc.
Our solutions also include: Irish agency company, European VAT-registered trading company, expanding a company with a substance, EU as offshore, Dutch foundation, Merchant account with EU tax free company and of course - Cyprus.