Why incorporate a company in Belize?

Starting a business in Belize

Belize is an independent country on the eastern coast of Central America being known for its English-speaking ability and clear offshore environment. It is one of the most political stable country in America, Belize has a near perfect record of peace, and democracy. It’s also well accustomed to incorporate an offshore companies and trusts thus it is good to start a business in Belize.

Advantages of incorporating a company in Belize

There will be lots of advantages of incorporating a company in Belize. Such as: quick incorporation procedure, there is no corporate tax applied to Belize corporations. Belize will not disclose its banking or fiscal information so your information will be safe. Corporations don’t have to report to local Government if they want to keep anonymous BVI’s legal system is based on English common law supplemented by local ordinances. There are no taxes levied on Business Companies with the exception of the annual government licence fee which is US$ 550 for companies with the number of authorised shares issued up to 50,000. Companies that fail to pay their licence fee by the due date are subject to penalties and those that fail to pay five months after the due date will be struck off the Register. There are no exchange controls or restrictions on the flow of currency in or out of the territory.

Belize company formation services

One IBC Group supports Belize company formation service. All companies are provided with a complete company kit, including share certificates, copies of the Memorandum and Articles of Association (depends on clients’ originate country), statutory registers, a common seal, a company chop (optional) and a Certificate of Guarantee of Quality