General Information about Offshore Company Formation in Belize
Belize is classified by the OECD as an uncooperative territory. This jurisdiction may be of interest only if you do not charge customers in europe for services such as commissions or advice and other intangible services. If you do so this could cause you Tax difficulties (requalification by the tax authorities of your country of residence). To work around this limitation you can create a UK Agency structure. The UK company would be authorized to represent the company in Belize Europe. This is a totally legal and confidential structure.
Offshore company formation in Belize can be done in 1-2 days.
Belize is a country of over 310,000 people located in southern Mexico. This is the only It is an english speaking country in South America, declared independence by the UK in 1981. The official language is English, although the majority of the population speaks Spanish.
Belize is an offshore jurisdiction.
The jurisdiction of Belize is renowned for ensuring the anonymity of its members. However, this country has an image that is very exotic that can discourage trade with Europe (or expose you to a reclassification by the tax authorities in your country). The IBC is the type of offshore company in Belize, they are limited liability companies and are regulated by the Belize IBC Act. To Incorporate IBC in Belize you will have no capital to deposit or obligation of citizenship / residence. Also an IBC may not do business with residents in Belize, or even hold such real estate. All information about the company will be owned by a resident agent, the confidentiality is guaranteed in Belize.
1. Time to set up offshore company in Belize: 1-2 days.
2. Shelf company available.
3. No accounting.
4. Nominee Shareholder possible.
5. Nominee Director possible.
“Type of offshore company” – (IBC) International Business Company
“Published information” – No information published
“Confidentiality” – Confidentiality is guaranteed
“Accounting” – No accounting records
“Taxes” – No tax
“Law” – Common law
“Capital requirements” – No capital requirement
“Number of Directors / Shareholders” – Minimum 1 Director and 1 Shareholder
“Bearer Shares” – Bearer Shares Permitted
“Commercial register” – The Belize International Financial Services Commission is the official register of companies
The main activities that you can take with an offshore company formation in Belize:
“Entrepreneurship”
“E-Commerce”
“Consulting”
“Import-Export”
“Detention of real estate property”
“Detention and exploitation of IP”
“Organizing Your Estate”
“Brokerage”
Useful link:
Financial authority Belize – http://www.ifsc.gov.bz