Since 1981 Belize has became an independent democratic commonwealth country located on the Caribbean seaboard of Central America. Many investors are driven by the possibility to incorporate a tax exempt Belize offshore company. The government of Belize is fully committed to the ongoing development of it as a leading jurisdiction.
The environment of Belize with cays and barrier reef make it a popular destination for eco-tourists. Water is clear, unpolluted and perfect for swimming, diving, fishing and other aqua sports. Also Belize offers a unique mix of unspoiled woodlands, caves, rivers, mountains, waterfalls and jungle.
International Business Company (IBC) is the most popular form of offshore corporate structure. An IBC is formed under the International Business Company Act 1990 and generally must conduct its trading and business outside Belize. At the same time, legislation of Belize also allows an IBC to carry on a number of activities within Belize jurisdiction. Belize IBCs are used for a diversity of tax planning and international investment purposes.
Who and for what should choose Belize offshore company:
- International traders,
- E-commerce business,
- For inheritance purposes,
- For intellectual property holding rights.
|Incorporation of the company||5-8|
|Delivery of original company documents||10 – 15|
|Offshore bank account opening||15 – 20|
Advantages of a Belize offshore company:
- No corporation tax – 0%,
- No publicly accessible records,
- No requirement to file accounts,
- Very cost effective,
- Fast incorporation time.
Disadvantages of a Belize company:
- The lack of public registers can make proof of ownership difficult,
- Not recommended for high profile trading operations.
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