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Setting an offshore company in Belize is profitable. The main advantages of setting a company in Belize are strict confidentiality and no public filing required, tax free business income, complete protection of assets, total business flexibility. The Belize IBC enjoys total exemption from all forms of taxation in Belize and it can freely open and maintain the offshore account. Offshore corporations may be registered in a jurisdiction, with which they have no or minimal business contacts, in order to minimize taxes and liabilities. The best tax minimisation result may be achieved when one or more offshore corporations and trusts are used in conjunction with, or as part, of an international tax plan. Properly established offshore business company may give financial confidentiality and other business advantages to its owner. Offshore companies administration differs from jurisdiction to jurisdiction in respect to its costs and fees, and the information that should be provided to the agent. It is important to make yourselves acquainted with the setup procedure to make a decision where to invest offshore.
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