Hello everybody,
since I am having an steady increase in income, I am starting to explore options to incorporate somewhere.
Now, I am living in a country where cryptocurrency is basically considered monopoly money, so I am wondering
if it makes a sense to form single member non-resideny Wyoming LLC, that would pay me in stablecoins.
My main question is, if somebody has experience with this setup and if this triggers additional obligations
besides form 1120 and form 5472?
Cheers!
since I am having an steady increase in income, I am starting to explore options to incorporate somewhere.
Now, I am living in a country where cryptocurrency is basically considered monopoly money, so I am wondering
if it makes a sense to form single member non-resideny Wyoming LLC, that would pay me in stablecoins.
My main question is, if somebody has experience with this setup and if this triggers additional obligations
besides form 1120 and form 5472?
Cheers!