info_tfgrid/collections/_archive/possibleecosystem/businesstwin/businesstwin_intro.md

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2024-02-27 11:11:12 +00:00
![](img/business_twin_.jpg)
# Business Twin
Imagine a world where all your business partners have a legal_twin in a safe legal jurisdiction, you can do together transactions in all safety and simplicity, no complicated paper, money flows at a fraction of the cost today.
- This official legal structure 100% represents you and can act on your behalf.
- This is possible today but too cumbersome, we want to simplify this and make more cost effective.
- Our aim is to make your legal twin seamless integrated with your digital_twin.
- You use the hercules_browser to access your legal twin hosted elsewhere on the TFGrid in chosen jurisdiction.
Such a business twin would cost 50-200 eur per month and would take care of
- shareholder administrative tools.
- billing & invoicing between companies (other business twins), 100% automatic, zero-paper.
- deal with contractual relationships (using blockchain smart contracts).
- your HR requirements, work with anyone in the world 100% seamless & transparant
- work with digital currencies (over gateway)
- legal tender for your official documents.
- store your assets as gold or other valuable assets.
- all your tax reporting requirements.
> Basically you would be able to run a full blown business in all safety, 100% regulated for < 100 eur per month. <BR>
> Independent from where you physically live. <BR>
> Our aim is to automate all your business processes as much as we can.
## Benefits
- cost savings
- time savings
- simplicity
- transparant
- 100% legalized & trustworthy
- automated
> don't lose your time on boring admin/money business items
## Its a viral idea.
Its in the best interest for every business twin owner to convince other people to do the same
- every shareholder of yours can get their own legal_twin
- every business partner of yours can get their own legal_twin and as such life becomes more simple for everyone
- ideal backend structure for Security Token Offerings (because all would stay in legal sandbox)
- easier blockchain based escrow services
> By convincing your friends, business partners to join your life becomes much more simple & secure.
## Future
- There is an option to buy a structure in Mauritius which allows us to create hundreds of thousands of legal entities fully regulated.
- The structure has already 1m USD recurring revenue.
- Next to owning this structure (or at least have majority shareholding) the plan is the further develop on the technical platform.
- Investment need 5m EUR.
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```
## Business model
- 50-200 eur per entity
- aim is to have hundreds of thousands of companies registered like this
- 100.000 companies -> 80 eur average = +- 100 million USD recurring revenu
!!!alias business_twin
!!!include:tsc:twin_projects