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An offshore company is an effective tool how to reduce investors’ tax burden, protect their assets from lawsuits, and protect their confidentiality. For the highest level of confidentiality, most investors select to order nominee services. To make incorporation more time-saving and convenient, it is possible to select from a number of shelf companies. Belize IBC is free from any tax in Belize with only a few simple requirements. Belize has well developed infrastructure, modern telecommunications and is easily accessible by air and sea. The main advantages of Belize offshore jurisdiction are the fastest offshore company registry which provides for time-saving incorporation of new company, reduced taxation only with few conditions, and no reporting requirements. Offshore business companies generally are tax-free companies which are not allowed to engage in business within the jurisdiction of their incorporation. They do not conduct any substantial activities in the offshore jurisdiction, and the purpose of their incorporation is to minimize taxes, liability, or regulations burden. An offshore company is an effective tool how to reduce investors' tax burden, protect their assets from lawsuits, and protect their confidentiality. For the highest level of confidentiality, most investors select to order nominee services. Offshore company owner may achieve anonymity by carrying out transactions in the name of a company, while his name may be kept out of documents and public records. However, knowing that, current anti-money laundering regulations often require banks and other professionals to look through offshore structures. One of the disadvantages of setting up an offshore company is that generally they can not carry on any business or have an office with staff employed within the jurisdiction of incorporation. There are certain restrictions on the types of business, mostly in the banking and insurance industries, that have the right to operate as an offshore company.
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