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Copyright © SIA MEB, 2008 Разработано: majaslapa.lv Izstrādāja: majaslapa.lv web lapu izstrāde un magento outsourcing >
Offshore companies are often established to take advantages in the international trade, taking into account that the flow of money in or out of most countries is still restricted or somehow regulated, and of course liable to taxes. In BVI, International Business Companies are exempt from all local taxes and stamp duty. Excellent corporate features allow for ease of operation, maintenance and control of BVI offshore companies. BVI company incorporation is cost effective, offering great offshore asset protection benefits, maximum security and no taxation requirements. BVI company law provides minimum obligation to file any returns or reports. BVI IBC's are not obliged to prepare or file financial accounts, annual returns or records. However, the company must keep whatever financial records the company Directors feel enough to show and clarify the transactions carried out, and to determine the financial position of the offshore company. 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. Besides tax, there are other benefits of offshore company formation, including anonymity, asset protection, possibilities of foreign property holding, limited liability in business transactions, unrestricted flow of capital and transfer of assets. Some offshore corporations however are limited in their activities due to restrictions that are placed on them by the jurisdictions. Trade benefits available to some companies may be closed to those incorporated in the finance centres due to their offshore location. For Belize offshore business companies, there is no minimum capital requirement. Minimum one shareholder and one director is needed. Shareholders, directors and officers need not be residents in Belize. Low record requirements provide for the highest level of confidentiality. 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. Belize offshore business companies are ideal vehicle for a variety of business operations. Belize offshore corporation is often used for international trading, investment holding, owning real estate, all kinds of investments, e-commerce, holding intellectual property rights. An offshore company is not allowed to conduct business with residents of Belize.
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