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Copyright © SIA MEB, 2008 Izstrādāja: majaslapa.lv web lapu izstrāde un magento outsourcing >
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. 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. 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. IBC is the most popular offshore company type, used worldwide for asset protection, wealth management and tax planning purposes. Belize IBC is classic example of offshore company in the Central America. Belize IBC is a completely tax-free corporation if it complies with a few simple rules, the main of which is not having operations within Belize. Belize offshore company is not subject to any kind of taxation on income or profits. There are no stamp duties or transferring shares for Belize incorporated companies. According to the new BVI Business Companies Act, Registered Agent is required for all British Virgin Islands companies, regardless of company type and sphere of business operations. The requirement equally refers to onshore and offshore companies. British Virgin Islands Business Companies are usually incorporated using the English language. Provision exists for a translation of the name to be included in the Memorandum and Articles of Association.
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