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.