Companies will regularly incorporate in low-tax jurisdictions, but that doesn't exactly make them headquartered in those areas, where they may actually do zero business. ByteDance Ltd. is a Chinese multinational internet technology company headquartered in Beijing. It was founded by Zhang Yiming in 2012. [1]

TikTok's parent company ByteDance has sought permission from the Chinese government to export technology, Bloomberg reported Wednesday. ByteDance filed a request with the Beijing Municipal Commerce Bureau asking for approval to export its technology under restrictions recently implemented by the Chinese government, according to Bloomberg. [2]

[1] https://en.wikipedia.org/wiki/ByteDance

[2] https://www.businessinsider.com/bytedance-seeks-china-govern...