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Profitability prospect for lunching a web hosting company in offshore locations.

I would defiantly go for Panama or Belize, since the hosting center won't be in the same jurisdiction anyway then it makes more sense to take your business entirely offshore.

I assume, we speak colocated or dedicated hosting with one of the big companies and to rent space on your server, right?
Panama isn't a options as I see it, but Belize or Seychelles might be the way to go, it is pretty simply to setup a company for such a business.

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