What is a Belize IBC?
Belize IBCs (International Business Companies) are companies that are commonly used for offshore banking, to conduct international trade, investment activities, and for asset protection. Belize IBC’s can be involved in buying and selling goods and services, holding bank accounts and operation of businesses. Belize IBCs are also commonly used for the ownership of real estate property and land; for ownership of intellectual property licensing and franchising; personal service by individuals working overseas and offshore e-business. These are just some examples. The Belize IBC may be used in many other ways to save on taxes and depends only on your creativity.
A Belize IBC is a legal entity which is free from all local taxes (except small fixed annual fees). Belize has a special IBC legislation in place with MANY benefits. Learn more about the benefits of a Belize offshore company.
An IBC is defined as a company that pays no taxes, and is for the most part free of trade and other restrictions such as exchange control, trade licensing and public disclosure requirements in the country in which it is incorporated and resident. In all other respects an offshore corporation can perform practically any function an ordinary corporation can perform. Thus the Belize IBC is an ideal tax planning vehicle which can be used for a wide range of commercial activities.
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