Setting up an offshore company for e-commerce and Dropshipping: Detailed Guide (2025)

Opening an offshore company operating in the field of e-commerce is an increasingly popular choice for individuals/businesses who want to expand their business and access new markets. Offshore companies can bring many benefits, from tax benefits, legal policies, tax and accounting procedures to flexibility in international transactions. However, is establishing and managing an offshore company in the field of e-commerce, Dropshipping really beneficial?

GLA will introduce the benefits and notes when choosing to open an offshore company for Individuals/Businesses doing Dropshipping, E-commerce. The information in this article will help Individuals/Businesses doing Dropshipping, E-commerce make the right decisions and limit the risks when establishing an offshore company.

1. Benefits when businesses establish offshore companies to do e-commerce and dropshipping business

Each business establishing an offshore company in different offshore countries will enjoy different incentives and benefits.

However, the biggest benefit that a Dropshipping, E-commerce business that establishes an offshore company receives is very attractive tax incentives, and a convenient ease of doing business (simple money transfer and receipt procedures, simple financial reporting procedures).

To determine whether Dropshipping and E-commerce businesses should establish an offshore company or establish a company in the US, establish a company in Singapore or establish a company in Canada, Australia and the UK, please contact GLA for detailed advice on taxes, reporting procedures and other preferential policies for foreign investors.

2. How to choose the right offshore country for Dropshipping and E-commerce businesses?

Each offshore country will have different legal regulations and tax and accounting regulations for each enterprise to suit the business model and development orientation of the enterprise.

In addition, for Dropshipping and E-commerce businesses that do retail business on e-commerce platforms, opening payment gateways such as PayPal, Stripe or some other famous gateways is very important, but not every offshore country has enough reputation and prestige to be accepted by leading payment gateways to support opening payment gateways for offshore companies established in that country.

Only a few countries like the US, Hong Kong, Singapore, and others are qualified enough to meet the global growth goals of E-commerce business owners.

To choose an offshore country suitable for Dropshipping and E-commerce businesses, please contact us. GLA for detailed advice today.

3. How many steps are there in the process and procedures for establishing an offshore company in the Dropshipping and E-commerce fields?

3.1. What does it take to register an offshore company to do Dropshipping and e-commerce business?

The registration documents for establishing an offshore company in the Dropshipping and E-commerce fields will vary depending on the country chosen. However, the basic documents include:

Required Documents

• Prepare a list of 3 company names for businesses to establish offshore Dropshipping, E-commerce companies.
• Application form for establishing an offshore Dropshipping, E-commerce company.
• Citizen identification card/ID card of shareholders and directors.
• Documents proving permanent address of shareholders and directors.

Documents required depend on the country of establishment:

• Offshore Dropshipping, E-commerce company business plan.
• Memorandum of association (MOA).
• Articles of association (AOA).

3.2. Standard procedure for opening an offshore E-commerce business easily

The process of opening an offshore company to do Dropshipping and E-commerce business includes the following steps:

4. Choose a reputable unit to open an offshore company to do Dropshipping and E-commerce business. 

Establishing an offshore company is an important stepping stone for Dropshipping and E-commerce businesses to expand their international markets. However, this process requires a lot of specialized knowledge and complicated procedures. Therefore, choosing a reputable consulting unit is extremely necessary.

A professional consulting unit will help businesses:

• Save time and money: No need to learn complicated legal regulations and administrative procedures yourself, helping businesses focus on core business activities.
• Ensure legality: Ensure the company is established legally, avoiding unnecessary legal risks.
• Tax Optimization: Choose the right corporate structure and business model to minimize tax liability.
• Enhance reputation: A professional offshore company will create a good image for the business.

With many years of experience in the field of offshore company establishment, GLA is proud to be a trusted partner of many businesses. With a team of experienced experts, with deep understanding of the laws and taxes of countries such as Singapore, USA, BVI, Belize, Seychelles, GLA will accompany businesses throughout the process of establishing and operating the company.

5. What types of bank accounts can businesses opening offshore companies in the Dropshipping and E-commerce fields open?

Businesses opening offshore companies in the Dropshipping and E-commerce fields can choose:

• Open physical bank accounts in offshore countries Dropshipping and E-commerce businesses choose to open companies;
• Open a physical bank account at financial centers: Singapore, USA, Hong Kong, etc;
• Open an online bank account in countries with operating licenses such as: Singapore, USA, Hong Kong.

6. Should businesses opening offshore companies in the Dropshipping and E-commerce fields open online bank accounts?

The current open physical bank account in Singapore, USA For offshore companies in the Dropshipping and E-commerce fields, it will take about 1-3 months but success is not guaranteed. The process of opening a physical bank account has many procedures and is more complicated than opening an online bank account.

Open an online bank account for offshore businesses doing Dropshipping and E-commerce It only takes about 1-3 weeks, all procedures and processes are done online and the account opening success rate is also higher than a physical bank account. However, for some e-commerce platforms, having a physical bank account to connect the payment gateway and the sales platform is mandatory.

Therefore, to determine whether offshore Dropshipping and E-commerce businesses should choose to open an online bank account or not, businesses are invited to contact GLA to receive advice from a team of experts to choose the bank account that best suits the business model and development orientation of the business.

7. How will GLA support E-commerce and Dropshipping businesses to open offshore companies?

GLA with experience in establishing offshore countries in BVI, Belize, Seychelles, etc. for many Dropshipping, E-commerce businesses will support businesses:

• Choose the right offshore country for Dropshipping and E-commerce businesses.
• Prepare documents and procedures for registration to establish an offshore Dropshipping and E-commerce company.
• Register, open, verify physical or online bank accounts in financial hubs like Singapore, USA, etc.
• Providing tax - accounting - financial reporting services for offshore Dropshipping and E-commerce companies.

8. Questions about opening an offshore company to do Dropshipping and E-commerce business

Highlights

• Setting up an offshore company helps e-commerce and dropshipping businesses optimize costs, protect assets, and expand international business.
• Countries like BVI, Seychelles, Belize, Hong Kong, UAE (RAK) are popular choices due to their favorable tax policies and favorable business environment.
• Opening a bank account is an important step in the process of establishing an offshore company. Businesses should choose the type of account that suits their business needs.
• GLA will support you to open an offshore company and operate the company long-term, stably, and legally.