Belize IBC

Advantages of Belize                                                         
 

  • Exemption from all local taxes for international business companies

  • Availability of free zones providing facilities for manufacturing and other
         business activities, such as warehousing, packaging, distribution of products
         and services

  • Well developed financial services industry

  • Well developed professional infrastructure

  • Strict secrecy low, which prohibits disclose of banking and financial information

  • Common law legal system based on English law

  • Excellent telecommunications system

  • Easy access to the NAFTA members Mexico, USA and Canada by land, sea and air

  • No foreign exchange restrictions for IBC

  • Stable political system with long history of peaceful and democratic development

  • The country is not blacklisted by FATF and OECD

  • Independent country, member of well recognized political organizations,
         such as of the British Commonwealth, United Nations and Organization
         of American States.


Taxation                                                                                   

  • Belize offshore IBC is exempt from all local taxes including income tax,
         dividend tax, capital gain tax and stamp duty on transfer of corporate
         property, shares, and other corporate financial instruments.


  • Belize offshore company is not required to file tax returns or any other type
        of report or declaration to the government regarding sources of income.


Privacy and Disclosure                                                              

  • Information about beneficial owners, shareholders, directors and officers
         is not filed with the Belize government, and not available to the public.


Transfer of Funds                                                                     

  • There are no currency exchange and transfer of funds controls in Belize,
         no approval need be obtained for the transfer of dividends, interest,
         royalties other profits or for repatriation of capital.

  • Companies are permitted to repatriate all profits, dividends and
         management charges.

  • Offshore IBC could open and hold accounts in any currency in banks
         located in and outside of Belize.


Legal System                                                                           

  • Belize legal system is based on the English Common Law.


Geographic Location                                                                 

  • Belize is situated on the East coast of Central America and has borders
         with Mexico, which is a member of NAFTA, and Guatemala.

  • Capital is Belize City.

  • Belize is well connected with major US cities by daily flights to
         Houston, Dallas, Miami, Atlanta, and other destinations.


Belize Free Zones                                                                     

  • Such close proximity to members of NAFTA creates ideal conditions for
         establishment and development of Belize Free Zones.


Official Language                                                                     

  • English is the official language of Belize. Spanish is the second
        widely spoken language.