Can domestic individuals set up companies abroad?

Companies registered overseas need different conditions in different places. In some places, foreigners are not even allowed to set up local companies. Before setting up a company overseas, you should fully understand the local laws, regulations and registration requirements, but in general, companies registered overseas need to meet the following conditions:

1. Provide identity information such as passports of shareholders and directors of the company;

2. Provide the name of the overseas company, and the application can be made after the name is verified by the registration authority without duplication;

3. Provide the share proportion, registered capital and business scope of each shareholder of the company.

In addition, domestic enterprises applying for the establishment of overseas investment enterprises must be approved by the competent domestic authorities before they can be established.