What are the advantages of Belize company registration?

Updated on Financial 2024-03-23
3 answers
  1. Anonymous users2024-02-07

    Types of companies used for international trade and investment: Belize International Business Company (Belize).

    Belize company business restrictions: International business offshore companies cannot have a relationship with local people, and cannot invest in real estate in Belize, and cannot engage in bancassurance and reinsurance business.

    Belize Company Name Restrictions: The company name must not be the same or too similar to the name of the registered company or be reminiscent of any relationship with Belize**.

    Belize company registered capital: nominal capital is generally US$50,000. The minimum effective capital is generally one share; Shares can have or no denomination. At the same time, the issuance of bearer ** is also permitted.

    Number of shareholders of Belize company: at least one ** east. Shareholders can be natural or legal persons and can be residents or legal persons of any nationality.

    Number of directors in Belize: At least one director, who can be a natural or legal person. A director may be a person of any nationality or a legal person registered in any country and is not required to reside in Belize.

    Belize (Belize) Company Secretary: Belize offshore companies are not required to appoint a company secretary, although most companies will appoint a company secretary. Even if appointed, the secretary does not have to be a resident of Belize and may be a natural or legal person.

    Belize company name: The chosen name cannot be the same or too similar to the registered name. The name of the company must also not contain words relating to Belize** or insurance, unless a separate application is made for the relevant license.

    Company names generally end with Limited, Corporation, Incorporated, Societe Anonyme (SA) or its abbreviations. The company can be named in any language. Companies can be registered in any language, and it is common to use Chinese for naming and documentation.

    Belize Offshore Company Tax Requirements: Offshore companies are not required to pay any direct taxes or other taxes.

    Belize Offshore Company Financial Statements:

    There are no specific requirements for financial statements. The company is also not required to submit financial statements to any of the Belize's ** departments.

    Belize Company Disclosure of Ultimate Equity Owner: Not required.

  2. Anonymous users2024-02-06

    Good international image:

    Belize's political situation and economic and trade development are relatively stable, it is an emerging offshore registration place and tax saving haven, not on the OECD blacklist, and has a good international reputation.

    Simple registration: Belize company registration is fast and convenient, only one shareholder director can be registered, and the company can be named in English or Chinese and English side by side, and the company name is widely selected.

    Great location:

    Belize is located in the center of the American continent, and can reach the United States, Central America, Europe and other regions by sea and air.

    Good economic and trade relations:

    Belize is located in the center of the American continent, and can reach the United States, Central America, Europe and other regions by sea and air.

    Offshore Tax Incentives:

    Belize offshore company business and financial transactions are exempt from tax and are not subject to the norms of the tax information exchange agreement between the United States and the United Kingdom. In addition, Belize has clear tax exemption provisions for foreign income and is not required to file annual returns and annual financial statements.

  3. Anonymous users2024-02-05

    1. Belize is an emerging tax-exempt foreign company registration place. Registering a company outside Belize is quick and easy, it only requires one shareholder to register, there is no nationality restriction, and an individual or legal person can be a director and shareholder of the company, without the appointment of a company secretary. The Certificate of Incumbency and Certificate of good Standing are quick and easy to obtain.

    2. Like Brunei companies in Asia, Belize offshore companies have the clearest tax exemption provisions on foreign income, and do not need to submit annual returns and tax returns. You can also name your company in English or both Chinese and English, with a wide choice of company names. In contrast to BVI companies, Belize companies are not bound by the norms of the information exchange agreements between the United States and the United Kingdom.

    3. The real shareholder information in Belize is hidden: at present, the overseas locations with poor confidentiality of directors' shareholder data such as Hong Kong can be found by logging in to the official ** of the registry; Other overseas locations, such as Mauritius in the British Virgin Islands, can accept board data for a fee of US$110-120. As for the British Virgin Islands company, which has always been known for its secrecy, it also amended the law due to the impact of the 911 terrorist attacks in the United States in 2001

    The issuance of bearer** needs to be uniformly supervised. Therefore, the secrecy of foreign directors and shareholders has also been greatly reduced.

    4. In addition to the regional advantages of the BVI of the British Virgin Islands, the international image of the company outside Belize is also fresher and more realistic than that of the BVI. Belize offshore companies may issue without par value by registered or bearer**.

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