In recent years, Bitcoin and other cryptocurrencies have captured the attention of not only individuals traders but also businesses, institutions, and corporations looking to modernise their financial strategies. This has given rise to the concept of "Bitcoin treasury companies," which are businesses that allocate a portion of their treasury reserves to Bitcoin as a strategic asset. These companies aim to diversify their portfolios, hedge against inflation, and unlock new revenue opportunities.
If you’re a business owner looking to buy cryptocurrency through your company, LLC, trust, partnership, Self-Managed Super Fund (SMSF), or other alternative entities. Caleb & Brown makes it simple to manage and grow your crypto holdings with tailored solutions. Here's everything you need to know about buying crypto through your entity
Why Purchase Cryptocurrency Through Your Company?
1. Portfolio Diversification
Adding cryptocurrency to your company’s balance sheet can reduce reliance on traditional asset classes, providing a hedge against economic uncertainty.
2. Hedge Against Inflation
Digital assets like Bitcoin are often viewed as “digital gold,” offering a way to preserve wealth amidst rising inflation.
3. New Revenue Opportunities
Cryptocurrencies can open new payment avenues for businesses. For example, Tesla briefly allowed Bitcoin payments for its vehicles and now accepts Dogecoin for merchandise.
4. Tax Benefits
Holding cryptocurrency through entities can offer significant tax advantages, depending on your location and circumstances. Holding Bitcoin may benefit from long-term capital gains tax rates if the asset is held for over a year, reducing the tax burden compared to short-term gains. Additionally, expenses related to acquiring and managing crypto holdings, such as transaction fees and security costs, may be deductible for businesses. In Australia, entities like Self-Managed Super Funds (SMSFs) provide tax-efficient structures for retirement planning, with concessional tax rates on earnings and potential discounts on long-term capital gains.
Types of Entity Accounts
Caleb & Brown supports a variety of entity structures, ensuring that every business type can benefit from having crypto exposure:
1. Company Accounts
Company accounts are designed for businesses and commercial enterprises. These accounts enable you to buy, sell, and swap hundreds of cryptocurrencies while benefiting from:
- Aggregated liquidity for the best crypto market prices.
- Seamless access to institutional-grade cold storage.
- A single login to manage both personal and business holdings.
2. Trust Accounts
Trust accounts allow trustees to buy, sell and swap cryptocurrency on behalf of beneficiaries. Trust accounts are ideal for:
- Family trusts seeking to secure wealth.
- Investment trusts aiming to diversify into digital assets.
3. Self-Managed Super Funds (SMSFs)
SMSFs offer a unique opportunity for Australians to incorporate cryptocurrency into their retirement plans.
4. Alternative Entities
Caleb & Brown assesses each case individually, ensuring that organisations can access crypto markets effectively.
How to Open an Entity Account at Caleb & Brown
Setting up an entity account is straightforward. Here’s a step-by-step guide:
Step 1: Prepare Your Documents
Depending on your entity type, you’ll need to provide the following:
- Company Account: Articles of Incorporation/Organization, operating agreements, and other forms of proof of beneficial ownership.
- Trust Account: A notarised or certified Trust Deed detailing trustees, beneficiaries, and the nature of the trust.
- SMSF Account: A certified SMSF Deed, including trustee and member details.
Step 2: Verify Your Identity
To ensure compliance with regulatory standards, you’ll need to provide:
- A valid photo ID (passport or driver’s license).
- Proof of address (utility bill, bank statement, or lease agreement).
Step 3: Complete Facial Recognition
Using secure verification software, you’ll upload your ID and complete a quick facial recognition check to match your identity to your documents.
Step 4: Submit Your Application
Complete the entity registration form through the Caleb & Brown portal. Once submitted, our onboarding team will review your documents and guide you through the next steps.
*Please note that depending on your circumstances, some additional steps may be required.
Why Choose Caleb & Brown for your Business’ Crypto Needs?
1. Personal Crypto Broker Support
Enjoy a dedicated team of crypto brokers available 24/7 to assist with trades, strategy, and market insights.
2. Transparent Pricing
We offer competitive, flat transaction fees with no hidden costs.
3. Secure Storage
Safeguard your assets with institutional-grade custody solutions.
4. Global Reach
Trade over 300 digital assets with access to deep liquidity pools and seamless execution.
Get Started Today
Buying & selling cryptocurrency through your business has never been easier. Whether you’re a small business owner, trustee, or SMSF manager, Caleb & Brown provides the tools, resources, and expertise to help you succeed in the digital asset market.
Ready to take the next step? Create your entity account today by registering directly through our client portal: https://app.calebandbrown.com/signup.
Disclaimer: This assessment does not consider your personal circumstances, and should not be construed as financial, legal or investment advice. These thoughts are ours only and should only be taken as educational by the reader. Under no circumstances do we make recommendation or assurance towards the views expressed in the blog-post. The Company disclaims all duties and liabilities, including liability for negligence, for any loss or damage which is suffered or incurred by any person acting on any information provided.
