Belize Corporate Services

Introduction

Belize is a Central American country known for its English-speaking ability, and robust offshore environment.

Belize Company Formation has become an increasingly popular offshore entity due to the speed in which a company can be incorporated. Most companies in Belize are easily formed within 24 hours. Another reason for the rise in popularity for a Belize company, is that the Managers have one of the highest levels of privacy protection. The information for a Manager and Member are kept confidential and the information on Managers, Members and beneficial owners are not filed with the Belize Company Registrar. Therefore, the information will not be made available to the public and will not be shown on any public documents, giving business owners a high level of confidentiality. Belize companies are simple to keep in good standing as there are no yearly accounting fees or annual filings.

one Member is required. The Manager and Member have no requirements to have a physical address in Belize and can reside anywhere in the world. A Belize company has to maintain a registered office address and registered agent in Belize. Most registered agents offer the address as standard. Due to the flexibility of a Belize Company Formation, it can be incorporated for a number of different reasons and business activities. A Belize Company Formation has features protecting the owners of the company and is not subject to any reporting requirements.

What Company type is best for a Belize Offshore Company Formation?

An Offshore Company incorporated in Belize is known as an IBC (International Business Company) A Belize IBC is exempt from paying local taxes. To qualify as an IBC in Belize the company cannot trade within Belize or own real estate there. Nor can it undertake the business of banking, insurance, assurance or reinsurance. A Belize International Business Company is typically used by clients wishing to operate internationally from a secure, tax-exempt and confidential location.

The key features of a Belize Offshore Company include:

1. • Fast incorporation usually within 1 business day
2. • Privacy – The names of director(s) and shareholders do not appear on any public document
3. • Tax-exempt – Belize Offshore companies are exempt from all local taxes
4. • The company needs only one director and one shareholder
5. • There is no requirement for resident directors or shareholders
6. • There is no minimum paid-up capital requirements
7. • The company does not need to keep accounts
8. • The names of directors and shareholders are not held on public record
9. • There is no requirement for directors or shareholders to attend meetings in Belize