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RE: Introducing ChainSquad GmbH - Blockchain Consultancy and Development made in Germany

in #chainsquad8 years ago

Congrats @xeroc and I guess @cass. GmbH is a top choice for safety. Unfortunately 'Stammkapital' is a too large requirement for many people.
I wonder if Bitcoin based income is also tax free for GmbH after one year or is it just for private people?

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If you see "Bitcoin based income" as capital gains, then they are not tax free. However, the tax for a company is smaller than for a private person.
Else, if you make an income by offering services, they are a taxable event right away and need to be taxed according to your Einkommenssteuersatz (regular person) or according to Gewerbesteuer/Gewinnbesteuerung (company)

Oh, I did not know. Thanks for clarification!