What are the reasons why businesses choose to register company in Belize?

Updated on Financial 2024-04-01
7 answers
  1. Anonymous users2024-02-07

    Advantages of registering a Belize company.

    1. It is very fast and convenient to register an overseas company in Belize, which also makes Belize a new tax-exempt company registration place;

    2. Belize company registration is fast, only one shareholder is required to register, and there is no nationality restriction, and the individual legal person who serves as the company's director or shareholder can be;

    3. There is no need to appoint a company secretary, a business certificate and a certificate of good standing;

    4. The name of the company is also very widely selected, you can choose the English company name or the Chinese and English side by side company name;

    5. Belize has clear tax exemption regulations on overseas income for overseas companies;

    6. There is no need to submit annual statements and annual financial statements;

    7. Companies in Belize will not be bound by the relevant norms of the information exchange agreement signed by the United States and the United Kingdom.

  2. Anonymous users2024-02-06

    Belize is exempt from transaction tax on 100% of imported capital goods and imported raw materials for a period of 15 years, and there are no restrictions on any subsequent gains, capital (including capital gains) to be repatriated to the country of investment. Simply put, it's about paying less tax.

  3. Anonymous users2024-02-05

    The main reasons are as follows:

    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.

  4. Anonymous users2024-02-04

    1. Only one shareholder needs to come forward to register;

    2. There is no need to appoint a company secretary;

    3. There is no need to submit annual statements and annual financial statements, and there is no need to pay any direct taxes or other taxes;

    4. Compared with the BVI company, the Belize company is not bound by the information exchange agreement signed between the United States and the United Kingdom;

    5. The company name can be selected from a wide range of English or Chinese and English;

    6. The real shareholder information of Belize is hidden;

    7. No foreign exchange control;

  5. Anonymous users2024-02-03

    1. Simple registration: Since the official language of Belize is English, language communication is more convenient. And the company's personnel needs only one shareholder director can be registered;

    2. Advantages of tax number: Belize has the clearest tax exemption regulations for overseas income, and there is no need to submit annual statements and annual financial statements;

    3. You can use the Belize company to open a global bank account;

    4. Compared with the British Virgin Islands company, the Belize company is not subject to the United States and the United Kingdom;

  6. Anonymous users2024-02-02

    1. An international business offshore company cannot have a relationship with the locals, and cannot invest in real estate in Belize, and cannot engage in bancassurance and reinsurance business.

    2. The name of the company cannot contain words related to Belize** or insurance, unless the relevant license is applied for separately. Company names generally end with Limited, Corporation, Incorporated, Societe Anonyme (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 preparing documents.

    3. Belize companies are not required to disclose the ultimate equity owner, and the personal information of the company's shareholders and directors does not need to be submitted to the Belize Registrar of Companies, but is filed in the local registry**. As such, the personal data of shareholders and directors cannot be accessed by other persons unless authorised by the directors.

  7. Anonymous users2024-02-01

    1. The proposed company name cannot be the same or too similar to the name registered with the Companies Registry of Belize;

    2. A Belize company must have at least one shareholder and one director; Shareholders can also act as directors. Shareholders and directors can be natural persons or corporate bodies, and any person of any nationality can be a shareholder or director;

    3. The registered address of the company must be located in Belize. The registered address is provided by Tinghe Technology Company, and the registration fee has included the first year of registered address service fee.

Related questions
3 answers2024-04-01

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

10 answers2024-04-01

1. Restriction of Belize company name: The company name cannot be the same or too similar to the name of the registered company, or it will be reminiscent of any relationship with Belize**. >>>More

11 answers2024-04-01

It covers an area of 22,963 square kilometers. Located in northeastern Central America. It is bordered by Mexico to the north and northwest, Guatemala to the west and south, and the Caribbean Sea to the east. >>>More

6 answers2024-04-01

The greatest blue hole is the largest underwater cave in the world, located about 60 miles (km) off the coast of Belize, near Lighthouse Reef, at N17 degrees 18 minutes 54 seconds and W87 degrees 32 minutes 6 seconds. >>>More

13 answers2024-04-01

How to choose the category of trademark registration?