Offshore Belize
Benefits of Belize Offshore Company:
Companies that are incorporated under the International Business Companies Act and don’t conduct business in the Belize territory are not subject to taxation. There is no public register of company officers. No name is disclosed upon incorporation. N.B. As per Section 73 (1) of the IBC Act, revised edition 2011, a company should maintain such accounts and records as necessary or desirable to reflect its financial situation.
Bank account for Belize offshore company: Euro Pacific Bank, Belize Bank International, Pacific Private Bank, Atlantic International Bank.
Belize offshore company registration in 5 steps:
STEP 1: Place your order
STEP 2: Pay the fee for Belize offshore company formation
STEP 3: Our Project Manager contacts you and requests that you send the necesary documents
STEP 4: You receive foundation documents from us
STEP 5: You are able to start your business
Customer satisfaction rate:
Documents required for Belize offshore company formation: certified copy of passport or ID card, proof of address (not older than three months).
Belize Offshore Company:
Legal form
IBC
Duration of establishment
2 – 3 days
Register of executives
Not publicly accessible
Register of shareholders
Not publicly accessible
Registered capital
50,000 USD
Minimum paid-up capital
1 USD
Minimum number of shareholders
1
Minimum number of executives
1
Non-residents allowed as executives / legal person
Yes / Yes
Registered agent / seat required
Yes / Yes
Local company secretary required
No (anywhere in the world)
Local General Assembly required
No
Submission of financial statements
No
Submission of annual reports
No
Mandatory audit
No
Required tax return
No
Taxation of income
No
Possibility to use a Double Taxation Avoidance Agreement
Yes
About Offshore Belize
Belize, formerly British Honduras, is an independent country located in the Caribbean. In 1981 it became an independent state within the Commonwealth. Belize is a member of international organizations like the UN, OAS, CARICOM and the Commonwealth.
It is one of the best jurisdictions with a very flexible legislation for governing the management of offshore companies, banks, trusts and insurance companies. It is used mainly for registration of ships. Belize has concluded Double Taxation Avoidance Agreements with Denmark, Sweden, Great Britain and the countries of the Caribbean Community (CARICOM). The registered capital of a company is 50 000 USD and it is not necessary to pay it off.