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The advantages for Belize companies:

  • Liberal legislation for the operation of an offshore company.
  • Confidentiality with no requirement by the registration authorities to provide any personal details of the beneficiaries, shareholders and officers of a company.
  • A straightforward and quick registration procedure.
  • There is no minimum share capital requirement and capital may be denominated in any currency.
  • A nominee option (either director or shareholder).
  • No personal visit to the bank by a representative of the company is required to open a bank account.
  • There are no exchange controls.
  • Bearer shares may be issued as well as shares with no par value.
  • Company administration is simple so there is no need for extensive staff.
  • An offshore company may maintain offices and administer operations in Belize.
  • Meetings of shareholders and directors may be held in any part of the world.
  • There are no taxes and import duties imposed on an offshore company.
  • Offshore companies enjoy full payback of capital and profit generated from operations administered outside of Belize.
  • There are no financial statements or audit requirements.
  • Companies may be re-domiciled into and out of Belize.