Setting an offshore company in Belize is profitable. The main advantages of setting a company in Belize are strictconfidentiality and no public filing required, tax free business income, complete protection of assets, total business flexibility.An offshore company is an effective tool how to reduce investors' tax burden, protect their assets from lawsuits, and protect theirconfidentiality. For the highest level of confidentiality, most investors select to order nominee services. Offshore companyowner may achieve anonymity by carrying out transactions in the name of a company, while his name may be kept out ofdocuments and public records. However, knowing that, current anti-money laundering regulations often require banks andother professionals to look through offshore structures.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 andtrustee activities in Belize. Belize IBC may be involved into all forms of international business, not being subject to any taxor income derived from these activities.BVI offshore IBC company formation services provided by Fidelity.The function of the BVI Registered Agent is to incorporate the offshore company for the client andto sign the formation documents on behalf of the client. This makes unnecessary for the actual owner of the company to travelto the British Virgin Islands in order to sign the offshore incorporation paperwork.