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Belize Offshore Company

 

Belize Offshore Company | Offshore Company formation | Aidelco

 Belize Offshore Company 

 

Belize Offshore Company | Offshore Company formation | Aidelco

  • BelizeBelize is a country on the northeastern coast of Central America. It is the only country in Central America that has English as its official language; Belizean Creole (Kriol) and Spanish are also commonly spoken. Belize is bordered on the north by Mexico, to the south and west by Guatemala, and to the east by the Caribbean Sea. Its mainland is about 290 km (180 mi) long and 110 km (68 mi) wide. With 22,800 square kilometres (8,800 sq mi) of land and a population of 340,844 (2014 est.), Belize has the lowest population density in Central America.From 1862 to 1973, its name was British Honduras. It became an independent Commonwealth realm in 1981, retaining Queen Elizabeth II as head of state. In general, Belize is considered a Central American and Caribbean nation with strong ties to the entire Latin American and Caribbean region. Belize is a member of the Caribbean Community (CARICOM), the Community of Latin American and Caribbean States (CELAC), and the Central American Integration System (SICA), the only country to hold full membership in all three regional organisations – Source Wikipedia -.
  • Belize has a small, mostly privatised enterprise economy that is based primarily on export of petroleum and crude oil, agriculture, agro-based industry, and merchandising, with tourism and construction recently assuming greater importance. The new government faces important challenges to economic stability. Rapid action to improve tax collection has been promised, but a lack of progress in reining in spending could bring the exchange rate under pressure. The tourist and construction sectors strengthened in early 1999, leading to a preliminary estimate of revived growth at 4%. Trade is important and the major trading partners are the United States, Mexico, the European Union, and Central America. Belize has five commercial banks, of which the largest and oldest is Belize Bank. – Source Wikipedia -.
 
 

Belize Offshore Company |Start To Finish_Jpeg

 

 

Belize Offshore Company |Company Formation_Belize

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Belize Key Company Features
General
Company type International Business Company (IBC)
Type of Law Common Law. Based on English Company Law.
Company powers A registered International Business Company in
Beliz has the full capacity of, and all rights,
powers, and privileges of, a natural person.
Requirement for registered office and address Yes, must be maintained in Belize or at the
premises of a licensed management company.
(we can assist in proposing)
Name restrictions Names of existing firms,or names similar enought to
cause confusion. Names that reference to the Belize
govornment., and any name in the opinion of the Registrar
considered undesirable or obscene .We can assist with
the naming.
Language of name Can be registered in any language. Even Chinese language
incorporations with Chinese incorporation doscumentation
is possible.
IBC allowable suffixes Limited, Corporation, Incorporation, Société Anonyme,
Sociedad Anónima, Aktiengesellschaft or the relevant
abbreviations.
Corporate Taxation Nil
Corporate legislation environment The Belize International Financial Service Commission is
the governing authority and companies are regulated under
the IBC Act 1999.
Language of legislation and official documentation English
Offshore legisltation environment Modern offshore legislation
Restrictions on Trading Cannot trade within Belize or own real estate there.
Cannot undertake the business of banking, insurance,
assurance or reinsurance, company management or registered
office facilities for Belizean incorporated companies.
Confidentiality There is not public register of company offers, therefore no
names are disclosed upon incorporation.
Stability Stable juristiction with solid reputation
Formation Time 3-4 Days
Bearer Shares Bearer shares are not permitted
Timezone GMT-6
Share capital requirements
Official currency BZ$
Permitted currencies Any
Share capital requirement Zero – 50.000 US$ is customary, but if the share capital exceeds
10m US$, infomration has to be submitted to the Registrar stating
the source of funds.
Directors
Minimum Directors 1
Requirement for local administrator or Director None
Location of meetings and General Assembly Anywhere
Shareholders
Minimum number of shareholder/s 1
Public records access requirements No
Company Secretary
Requirement Optional
Local or licensed requirement None
Statutory Accounts Requirements
Accounting/Reporting requirements Yes
Annual Tax returns No requirement to File
Requirements for Audit None
Public Accesability of Accounts None
Incorporation Procedure and Documentation
A certified passport copy (or identity card), as well as proof of domicile (ie utility bill) dated less than three months.Note: It is possible to represent you with a confidential mandate. Contact us for more details.