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Copyright © SIA MEB, 2008 Разработано: majaslapa.lv Izstrādāja: majaslapa.lv web lapu izstrāde un magento outsourcing >
Besides time- and cost-saving offshore incorporation, most offshore financial centres offer vast business support facilities, including well developed offshore banking sector, offshore infrastructure, modern business legislation providing for strict confidentiality, and highest telecommunication capabilities. The most important drawback of incorporating offshore is negative perception of the offshore concept, because of the media reporting bad cases only. Belize offshore companies are incorporated under the Belize IBC Act. Like all offshore companies of this kind, Belize IBC may not transact business with residents of the jurisdiction, and cannot undertake banking, insurance and trustee activities in Belize. Belize IBC may be involved into all forms of international business, not being subject to any tax or income derived from these activities. 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. The BVI IBC was introduced in 1984 with the International Business Companies Act, which granted all BVI IBC’s complete exemption from tax, including capital gains tax and withholding tax. Then, the BVI government has strengthened and enhanced corporate legislation in the jurisdiction. The flexible and modern legislation that enables for fast and low cost incorporation has made the BVI extremely popular in the offshore market. BVI offshore International Business Company is a private corporation exempt from taxes, having flexible structure and maintaining strict confidentiality, not burdened by excessive reporting and record-keeping requirements.
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