Belize Offshore Company

Belize Offshore Company from ICO Services

By: ICO Services  07-10-2013
Keywords: Company Formation

Belize is a country located on the north eastern coast of Central America and it is the only country in the area where ENGLISH is the official language, although Kriol and Spanish are more commonly spoken. Belize is bordered to the north by Mexico, south and west by Guatemala, and to the east by the Caribbean Sea. Its mainland is about 290 kilometers (180 mi) long and 110 kilometers (68 mi) wide. An International Business Company (IBC) situated in Belize is usually created as part of the Belize International Business Companies Act. Originally approved in 1990, this statute was later developed and modified in the new millennium back in 2000. The Belize IBC Act is currently recognized worldwide as being one of the leading offshore corporation laws. One of the most important features why Belize is so attractive is Confidentiality. Belize's law has provided provisions to make certain that the freedom of the individual and the sanctity of private commercial transactions are available. This legislation is the ideal company mechanism in order to develop fiscal dealings and is aimed specifically at the offshore investor. Features and Advantages Stable jurisdiction with very good reputation Fast incorporation Exempt from all local taxes Flexibility in company structure No minimum capital requirement Only one director and one shareholder are required No requirements accounting / Annual report / Audit Information about directors and shareholders does not appear in any public record

Keywords: Company Formation

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