Legal & Tax
Understand how the Series LLC works, what it means for your taxes, and why this structure matters.
🏛️ What is a Series LLC?
A Series LLC is a legal structure that creates distinct “sub-entities” (Series) under a master company. Each Vault in the Professional Plan is treated as one of those Series. This setup gives you legal separation, asset protection, and potential tax advantages — all without giving up control.
🧾 How does the Series LLC help with taxes?
In many jurisdictions, using a Series LLC means:
You don’t personally own the crypto — the LLC does
You may not need to report every individual trade
You might avoid or reduce capital gains tax altogether
Instead of tracking every swap or stake, you may only need to report your ownership in the legal entity. (Always consult a local tax expert for your specific case.)
🌍 Do I still need to report my crypto holdings?
That depends on your jurisdiction. In many regions, you only report your ownership of the LLC, not each crypto transaction. However, personal tax obligations may still apply when converting crypto to fiat or paying yourself from the company.
Locked Money offers a compliant structure — but you’re still responsible for staying compliant locally.
👤 What if I’m not based in the U.S.?
That's best, as we do not take US citizens for the Pro plan, currently and are established in SVG ( Staint Vincent & Grenadines)
The legal framework was chosen specifically to offer global users:
Lower tax exposure
Entity separation
Simplified reporting
Still, local tax rules apply — so we always recommend speaking to a professional in your country.
💼 Is this really legal? Or some gray area?
It’s fully legal — and has been used by professionals, firms, and family offices for decades. Locked Money just makes it accessible to crypto users, without needing $10,000+ in legal fees. This is structured protection, not a loophole.
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