Belize is an ideal place for the formation of an offshore company. THE INTERNATIONAL BUSINESS COMPANIES (IBC) ACT, Chapter 270 of the Laws of Belize created a special category of companies known as an International Business Company. The law was enacted to permit tax minimization and asset protection at competitive rates. An Offshore Company 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 Belize. In all other respects an offshore company can perform practically any function an ordinary corporation can perform. Thus, the formation of an offshore company in Belize is an ideal tax planning vehicle which can be used for a wide range of commercial activities.
Belize has become popular jurisdiction for offshore company formation due to its English-based legal system. The IBC legislation was based on the British Virgin Island model. In addition, full-ranged, high-tech and international offshore banking services empower Belize as an ideal jurisdiction for offshore business, so that Belize has been experiencing a fast growth in offshore company formation. Belize IBCs enjoy a flexible corporate structure making Belize a dynamic leader globally in offshore company formation.
We also incorporate British Virgin Islands and Panamanian Companies at a competitive price!
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