Belize IBC Incorporation & Company Formation
Background & General Outline
Belize (formerly British Honduras) is a scenically beautiful, independent country located on the Caribbean seaboard of Central America. It has an area of approximately 23,026 sq km, and is bounded by Mexico to the north and Guatemala to the west and south.
The administrative capital is Belmopan, but the major commercial centre is Belize City, which is located on the eastern coast close to the major international airport.
Political Structure & Legal System
Belize has a long history of peace, stability and democracy. It became a British Crown Colony in 1862 and achieved complete self-rule in 1981. Belize is a member of the British Commonwealth, the United Nations and the Non-Aligned Movement. Executive authority is exercised by the Cabinet under the leadership of the Prime Minister, subject to approval by a 28 member Senate with the majority appointed on the recommendation of the Prime Minister.
Common Law. Based on English Company Law.
Currency
The Belize Dollar (BZ$).
Language
The official and spoken language is English.
Disclosure of the Beneficial Owner
Although it is required to disclose details of the Beneficial Owner to the Government Authority, Bearer Shares are permitted, and allow for total privacy. Bearer Shares but must be held by an approved custodian. Offshore Secrets is an approved custodian
Taxation
Provided that the company activities are carried on outside of Belize, the company will not be subject to any income taxes therein.
Double Tax Treaties
None.
Exchange Control
None.
Name Restrictions
Any name that has already been incorporated, or is so similar as to cause confusion. Any name which in the opinion of the Registrar is considered undesirable, obscene or offensive. Names such as royal or imperial and any name that suggests the patronage of Belize Government.
Trading Restriction
A Belize IBC cannot trade within Belize or own real estate there. Further, a Belize IBC cannot undertake the business of banking, insurance, assurance or reinsurance.
Summary & Features
Like Costa Rica, Belize has strict rules on nondisclosure of bank accounts.
Belize's corporate structure has similar rules, and allows any person to control a company without their name appearing in the public records, through the use of bearer shares, nominee directors and a power of attorney.
Offshore Secrets can offer you your own Belize IBC delivered to you within approximately 1-2 weeks without YOUR name ever appearing in the public record, through the use of nominees. Although there is a legal president, and secretary (nominees), the actual ownership of the corporation is vested in the bearer shares.
A Belize IBC is free to engage in many types of business activities in other countries and it pays NO taxes in BELIZE.
OUR BELIZE IBCs Include:
Belize's legislation has long created favorable tax conditions for offshore operations but the country's popularity as such has only caught on over the last few years. Information given to local attorneys/notaries is protected by professional privelege and secrecy.
Incorporate Offshore in Belize Today!
We accept Bank Wire Transfers, Western Union Transfers, Moneygram Transfers, Checks, Money Orders, and Bank Drafts for payment of our services.
Questions? Contact us.
We offer complete company formation services in the following jurisdictions:
Form a Company and Go Offshore today!
We accept Bank Wire Transfers, Western Union Transfers, Moneygram Transfers, Checks, Money Orders, and Bank Drafts for payment of our services.
Questions? Contact us.
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