There are many advantages to incorporating an offshore company. It becomes even more beneficial if you are not dependent on a specific location, which is the case with most online companies, as you have the freedom to choose the jurisdiction that would be best for your business strategy.
Along with these decisions, one must decide where to host one’s website, with regards to asset protection, business strategy and where one’s potential clients may be located. The most popular jurisdictions for online companies are: BVI and Seychelles, followed by Hong Kong and Belize. Out of these four jurisdictions, Hong Kong is the only one that requires tax, but at a very low rate, as well as basic financial annual reports.