I've been reading up on Estonia's e-Residency program and it looks pretty interesting for incorporating an internet based business there.
https://www.leapin.eu/articles/e-residency
The Basics:
When you sign up for Estonian e-Residency, you receive a government-issued smart ID card that provides digital identification and authorisation. That way, you can digitally sign important documents, access secure services, and make secure transactions -- even if you don't live in Estonia.
For example, e-Residency would allow an Indian entrepreneur to establish an Estonian company that he runs from Singapore to serve clients based in Germany. He'd also be able to use his digital signature to sign contracts with customers throughout the European Union. All of it would be done online, remotely, and completely hassle-free.