BELIZE - offshore company formation

Belize is nestled alongside Guatemala in Central America, sharing a border to the north with Mexico. It's an English-speaking enclave and an independent country.

Belize is often referred to as the bridge between the Caribbean and Central America. Belize City, with a population of 70,000, is the country’s biggest city and former capital. The court system and legislation are based on British Common Law.

The first offshore legislation  (The International Business Companies Act) was implemented in 1990. Its provisions acquired the best from the British Virgin Island's similar Act.

At the time being Belize remains one of the finest pillars of offshore world owing to the political stability, and Belizean offshore companies are popular owing to their low incorporation costs and strong confidentiality.

Tax system facts:

The IBC's and their non-resident directors, shareholders, and officers are exempt from all Belizean taxes. Belize has entered into double tax treaties with Denmark, Sweden, the United Kingdom, and the countries of the Caribbean Community.

The best offshore tool in Belize: International Busines Company

Outstanding features:

Corporate tax: NO
Names disclosure in public records: beneficial owner(s) - NO shareholders - NO, directors - NO
Bearer shares: ALLOWED
Secretary required: NO
Non-resident directors: ALLOWED
Annual return filing requirements: NO

Applicable legislation: The International Business Companies Act of 1990

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Asset Protection s.r.o. is not a law firm and does not provide legal advices or legal services. We recommended to consult licensed professionals with regards to local tax and legal matters.