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๐šฃ๐š˜๐šฃ ๐ŸŽฉ pfp
๐šฃ๐š˜๐šฃ ๐ŸŽฉ
@zoz.eth
Do your future self a favor Create an address, register an LLC in Marshall Islands using otoco.io Minimize the tax and liability you have now before you make generational wealth
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Hazel Mayhem
@hazelmayh3m.eth
Dumb question, do I have to transfer assets to the safe wallet associated with my new otoco LLC to take advantage of tax/liability minimization?
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Chaitenya Gupta
@chait
Once you create your entity you have the option to โ€œattachโ€ an existing safe or โ€œcreateโ€ a new Safe This becomes the โ€œbusinessโ€ property. We typically donโ€™t โ€œadviseโ€ however LLCs by default are โ€œpass-throughโ€ in nature. They donโ€™t pay taxes themselves but the revenue is passed through to its owners who pay taxes on their personal tax return
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Chaitenya Gupta
@chait
Have sent you a DM!
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