Belize IBCs (Belize International Business Companies) or Belize Offshore Company is normally formed in certain countries such as Belize for asset protection and confidentiality, offshore banking, investment activities and to conduct international trade. Belize IBC’s can be involved in buying and selling numerous type of goods and services, accessing offshore bank accounts and operating the base of the businesses. These days it is being commonly known for the ownership of land and/or real estate property; for ownership of intellectual property franchising and licensing; personal service by the corporations or individuals working in foreign countries and offshore e-business. These are just some examples.
Due to its English-based legal system, Belize has become a well-known jurisdiction for the formation of an offshore company and its legislation was established on the British Virgin Island model. Belize is one of the most owned offshore business because of its full- ranged, international offshore banking and high-tech services and hence the nation has been experiencing a tremendous growth in the formation of the offshore company. In addition, the flexible corporate structure of the country makes a perfect solution for the foreign investors, who are considering offshore formation. Above all, the exempt from numerous taxation like from tax on dividends, Belize income tax, royalties, compensations, interest and other amounts paid by the company attracts foreign people. Moreover, it also exempts from every type of inheritance, estate, capital gains, gift or succession tax in relation to any shares, or debt obligations or other securities. The Belize IBC may be used in many numerous ways to save on taxes. Another crown jewel is that foreign corporations get a choice of offshore bank accounts in international as well as domestic banks. One doesn’t need to wait for weeks or months to incorporate a Belize Offshore Company. Once the instructions have been received by the authorities, you can form the offshore company the same day.
If you are looking for confidentiality and privacy, then Belize IBC is simply perfect for you. Traditionally, Belize has offered great privacy to the foreign corporations. One don’t even need to disclose the name of beneficial owners and all the names of directors to the authorities for registration. Moreover, one don’t need to create and file annual accounts. For offshore company formation in Belize, there is no exact minimum capital requirement, however, the standard authorized share capital is around US$ 50,000. The minimum issued capital can be one share of par value or one share of no par value. If you are not content with the Belize IBC rules and regulations, you can look for some of the agents like Offshore4Asia, helps people in Belize company formation and company registration efficiently.