Offshore corporation establishment is at a rise today. Every type of investor, be it small or big, all have discovered establishing a business outside their nations beneficial to many point of views. It offers to save tax, international recognition and work freedom. Belize is one of the most well recognized destination for establishing an international business company. The land offers higher level of privacy in offshore businesses. It allows to start a joint venture or a private limited firm. International business organizations have many types of freedom such as exempt from local taxes, inexpensive annual support, no need for a minimum paid up capital, not necessary to provide details of company workers and no foreign exchange control. International business ventures that start in Belize but most of works are done from outside are not lavished any tax. It is easy to setup an occupation in Belize.
To start an offshore company in Belize, it is must to register the company. You can register with the name of the nominee. The word, limited, incorporated, corporation etc… abbreviation can be used such as Ltd, Corp, Inc or S.A. The company name should be unique if it is similar to an existed company name of Belize, it is not accepted. At the same time, the company shouldn’t be a patronage of the Queen or a member of a Royal family. Bank Account In UK
It is must to have a local registered office address. It doesn’t matter where the principal office address is located. The company should have a local registered agent which should be authorized by the Belize government.
Minimum one shareholder is required to appoint and it is not necessary that the shareholder should belong to Belize.
The director of the company can belong to any nation. The director can play several roles in a company, he/she could be director, secretory, president and treasurer. You can get the service of nominee director from a company formation agency.
Tax free offshore incorporation need to give a fix amount early basis to the government to renew their occupation. A few precautions are required to follow to smoothly run an offshore business in Belize. It is one of the safest place to start various types of occupation. It is the land of opportunities where your business can grow without much restriction. A kind of work freedom you can notice to establish a business in Belize. The land has gradually become a famous offshore business hub in the world.