Complete the registration of an offshore company independently.

Registering a company domestically is too troublesome. Even if you come up with a good name, the Administration for Industry and Commerce will surely find fault according to their own logic, because refusal can demonstrate power. I worked in industry and commerce for 8 years and also had this mentality. There's no way around it; register overseas first, then come back and apply for the name, there shouldn't be any problems, right? Besides, offshore companies need to be registered eventually. It's better to do it earlier and avoid entanglement with bureaucracy for too long. After that, applying for business operations domestically or applying for a liaison office will be much easier. And before you know it, you've become part of the returned overseas entrepreneurship group.

Singapore and the Cayman Islands are the two top choices, both have relatively relaxed registration conditions. Especially the latter, the Cayman Islands, many internet companies are registered there because there is no other taxation except for stamp duty. This is due to a royal decree obtained by the Cayman Islands in 1978. The decree stipulates the permanent exemption of tax obligations in the Cayman Islands, and this decree remains valid today.