Belize's main foreign currency income is tourism. Industry is mainly related to clothing
production, construction and oil extraction. The food industry is also developed.
The official language of Belize is English. The Belize dollar is the state's official currency.
Belize has an active foreign policy aimed at international integration and cooperation. The state cooperates with the following international organisations: World Trade Organisation (WTO), International Court of Justice, African, Caribbean and Pacific Group of States, European Union, etc. Belize is considered one of the best offshore zones.
choosing a country
choosing a bank
payment (by any method)
bank account opening
From all the possible types of advantages that open up to the founders when incorporating a company, it is definitely worth noting:
According to current laws it is possible to register your company in the following legal forms:
Company names must include a suffix such as LLC or LC or the words limited liability company. A mandatory registration agent and registered office in Belize.
Company names must include a suffix such as "Limited", "Corporation", "Incorporated", "Society Anonyme" or "Sociedad Anonima" or "Aktiengesellschaft" or the abbreviations "Ltd.", "Corp.", "Inc." or "S.A." or "A.S." or "A.G.". The names can be in any language in Latin letters.
A mandatory registration agent and registered office in Belize. The presence of at least one director. The director may be an individual or a legal entity.
Based on the analysis of the current legislation regulating the activities of business entities, the following can be highlighted with regards to the specifics of the process of registering your business:
The state has the following features for levying taxes and fees
For offshore companies in Belize, there are no taxes of any kind, including taxes on profits, dividends, gifts, property, inheritance, rent, royalties and others, as well as no stamp duty and currency control.
In order to enjoy the benefits of tax-free travel, the following rules must be adhered to:
The only thing that needs to be paid is the annual state fee to keep the business active.