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For a typical master-feeder structure in the BVI, the Master LP entity should have a US tax form W-8IMY correct?

Need either W-8BEN or W-8IMY to be on AngelList
1 See in Base
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It's really difficult to build an enduring VC firm on AngelList. Consider getting off AL. If you're going to setup a fund in BVI, all entities need to be in BVI. It's super expensive and inefficient for you to have entities in multiple domiciles, especially for a small fund 1. By having entities in multiple domiciles, your operations costs will go to exponential because you need 2 sets of lawyers, 2 sets of fund admin, 2 sets of tax, 2 sets of treasury. Then, they have to talk to each other etc... The operational complexity is just not worth it.
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Thanks Mike! To be clear, this is just to be able to access certain investments via AngelList. For better or worse, we've already completed setup as a master-feeder with BVI master, BVI feeder/blocker, and US feeder. Given this, would our Master LP fill out the W-8IMY?
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Have you setup a fund on AngelList or have you setup a fund outside of AL and are planning to make investment via the AL platform?

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