Location: Central America
Type of Company:
Restrictions of Activities: It is prohibited to possess real estate in Belize (except the rent of office premises). It is also prohibited to be the owner/shareholder of the local resident companies. Banking, insurance and trust activity is prohibited.
Registered Capital: There are no requirements regarding the min/max amount
Shareholders: Person/entity can be a shareholder. Bearer shares are allowed.
Director: Corporate director is allowed.
Accounting: No special requirements for the accounting statements. Director should keep books in a way convenient for him.
According to ACCOUNTING RECORDS (MAINTENANCE) ACT 2013 accouning records should be kept and maintained for 5 years. Company should provide its registered agent in Belize (with a written record of the physical address of the place where the accounting records are kept).
Exchange Control and Regulation: No
Double Taxation Avoidance Agreements: United Kingdom, Sweden, Denmark, Countries of Caribbean Community (CARICOM). To be removed from the OECD grey list, Belize signed TIEA's (Tax Information Exchange Agreements) during 2010 with the United Kingdom, Australia, Belgium, the Netherlands, Ireland, Italy, Finland, Norway, Sweden, Iceland, Greenland, Denmark, the Faro Islands, Mexico and Aruba.
Benefits of Belize offshore company:
- developed infrastructure
- any profits of IBC are excluded from taxation
- data of the directors and shareholders is confidential
- no requirements regarding the min amount of the autorized capital
- fast and easy incorporation
You can check prices for Belize offshore company establishment here
Walton Consultants DMCC