Belize, a small Central American country rich in biodiversity, is known for being one of the most ideal destinations in the world to form an offshore corporation. Today, people from all corners of the globe are coming to Belize to open their own business and get the benefits of forming a company in Belize. However, if you are interested in opening an offshore company in Belize, then a few things that you should know about. In the following post, we would be taking a look at some of the most important things that you should know before opening a company in Belize.
The concept of a Belize IBC
Every offshore company in Belize is characterized as an IBC. A Belize IBC is pursuant to the stipulations laid forward by the Belize International Business Companies Act 1990. This is a comprehensive act that explains all the things related to offshore company formation and operation in great detail. The Act was expanded in the year 2000, to make the environment more business-friendly and the process of forming and running a company in Belize Offshore easier.
Trading Restrictions
A Belize offshore company is not subjected to any restrictions on the type of trading activities. However, a Belize Offshore Company is not permitted to trade with any Belizean, either at individual or corporation level. All activities must be conducted outside the Belize jurisdiction. One is only allowed to conduct business with another Belizean entity only if that entity is a Belize IBC itself.
Taking the Help of the Experts
You can take the help of the expert offshore formation consultants who would help you to deal with a range of tasks with ease. For example, some of the leading companies in the field would help you open a bank account that would help the process of offshore banking. They would also offer the services of a dedicated manager who would make sure that all your demands are met in the best possible way. So, take the help of the leading offshore consultants and form your own successful company in Belize.
