Belize Companies

By Author: Alan hoyle
Total Articles: 32
Comment this article

Belize is a relatively small country in Central America. On the surface it does not look like a great place to do business, but it is. In fact, many firms around the world have registered themselves as Belize companies. This is because it is possible to register yourself as an offshore company and take advantage of the many tax benefits doing so offers you.

Offshore Belize Companies
Setting up offshore Belize companies can be done very easily and more and more people are doing it. You can normally set up and register your company in a day.

Running a company in Belize has very few overheads. Annual fees for doing so are generally below £400 and that includes someone to do the basic administration for you. You can be the director of your company, in other offshore territories you have to appoint a local resident as your director. In Belize you are legally 100% in charge.

You are not liable to pay any local taxes including stamp duty. You file no annual tax returns, accounts and undergo no annual audits.

English is the official language of Belize making doing business there very easy for UK businessmen ...
... and women.
Using Offshore Formation Firms
Despite it being easy to set up and run a company in Belize it is still sensible to use an experienced offshore formations company to do it for you. That way you can be 100% sure that all the i's are dotted and all the t's are crossed. Your company will be totally legal in both the eyes of your home country and that of the authorities in Belize. A formations company will automatically notify you when it is time to renew your company and complete all of the necessary paperwork should you wish to actually renew.

Belize companies have the advantage of being based in a country whose law is structured around the British system of law. However, this does not mean that Belize law is exactly the same as British law, so having access to legal advice from your offshore formation team can prove very useful at times.

Offshore Formations 24/7 specialise in
Belize companies. They have been setting up offshore companies across the globe for over 30 years now, so know what they are doing.