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  1. 20 September 2024, 8:13 am #1
    GlobalPokerSites is offline Brand New Member
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    Question Affiliate Gambling Business Structure

    I'm an Australian (tax resident currently) affiliate that gets paid in BTC and just looking into potential options for business stucture/set-up.

    I'm aware of management control rules and have no issues paying tax whilst I'm here in Australia still. My family are planning to move to Europe in the next year or 2 (maybe Portugal but depends on family needs). I'm mainly wanting to create some privacy between my business and Australia as I work with both regulated and unregulated gambling sites. Basically just wanting a simple way to convert BTC to fiat and pay tax efficiently on that business income.

    Currently set up as a sole proprietorship in Australia and I had recently created a Bulgarian EOOD but it's currently inactive and with Bulgaria being added to the grey list this has me just seeking some guidance, options on a recommended efficient legal set-up

    If anyone has any advice or experience they're able to share please do!
  2. 21 September 2024, 1:49 am #2
    elegancedesign.net's Avatar
    elegancedesign.net is offline Public Member
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    You can use the Bulgarian company for accepting comissions in FIAT instead of crypto.

    Also In Bulgaria you can convert crypto 2 cash for ~3% if you need cash.

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