# Legal structure for the Idle DAO

**URL:** <https://gov.pareto.credit/t/legal-structure-for-the-idle-dao/682>\
**Category:** 📑 Formal Proposals\
**Created:** [September 25, 2021, 6:54pm UTC](https://gov.pareto.credit/t/legal-structure-for-the-idle-dao/682 "2021-09-25T18:54:40Z")\
**Posts on this page:** 1\
**Showing post:** 8

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**Author:** ![drllau](https://yyz1.discourse-cdn.com/flex031/user_avatar/gov.pareto.credit/drllau/32/554_2.png) [@drllau](https://gov.pareto.credit/u/drllau)\
**Post date:** [November 5, 2021, 6:13am UTC](https://gov.pareto.credit/t/legal-structure-for-the-idle-dao/682/8 "2021-11-05T06:13:24Z")

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Offshore foundation … if you want privacy and way to fold existing governance, look at DASH altcoin [legal structure](https://www.dash.org/news/legal/) … they outright own the C-corp

If you want to see how existing Unincorp Non-profit Assoc does code-deference, look at LexDAO [constitution](https://github.com/lexDAO/LexDAO-Constitution) which is WY UNA

PS NZ trusts have no capital gains tax regime, a privacy agreement with US IRS, and courts already recognised cryptoassets … but then I’m biased as a kiwi

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