Once seen as a technical gimmick, cryptocurrencies like Bitcoin or Ether are now used privately and commercially around the world.
How can we help you?
Your highest priority is to secure your digital assets. BDO can advise you on online solutions (hot wallets) and on offline solutions (cold wallets) to protect your balance. You may also choose to use MULTISIG solutions to additionally minimise the risk of loss.
BDO applies the highest data protection standards, offering options to store your "recovery seed" with our partners.
Invoicing in Bitcoin
International companies can use Bitcoin payment systems to process their global financial transactions quickly and securely. We support you from the initial set-up using the appropriate digital solutions and advise you on issues such as anti-money laundering (AML).
Failure to declare cryptocurrency assets is a tax offence. We assist you in declaring the aggregated products appropriately. Do you need to know how to define the tax-free capital gains or taxable income from cryptocurrencies? Our tax experts are available to support you in any of your tax topics.
Accounting and bookkeeping
BDO can give you advice on all aspects of cryptocurrency accounting. So far (as of Mai 2018), there is no definitive international guidance on how to treat cryptocurrencies and ICOs. Our experts in various committees and boards involved in defining new standards represent us. It means you benefit from the very latest knowledge and insights into new guidelines and standards.
Looking for advice? Contact one of our experts: