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Features of a BVI Company A BVI company requires a minimum of one shareholder, one director, one Registered Agent and one Registered Office. The director and shareholder could be of any nationality and could be the same person or corporation.

The features of a Belize IBC are very mcuh like a IBC in any other offshore jurisdictions, except that it is still allowed to issue bearer shares and therefore a higher level of confidentiality could be achieved.
Offshore World
Tax Havens Some twenty years ago, there were only a handful of offshore (tax havens) and to many, their use was surrounded in 'mystique'. Also, there were only a few professionals specializing in offshore practice and tax havens, and those that did, typically made use of only one or two jurisdictions...
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Why Incorporating Offshore Individuals and corporations go offshore for a number of reasons: save tax, protect wealth, reduce risk, maintain privacy and to avoid unnecessary regulations or bureaucracy...
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OFFSHORE COMPANY FORMATION
BELIZE
 

BELIZE INTERNATIONAL BUSINESS COMPANY

General Inforamtion

Belize (formerly British Honduras) is a scenically beautiful, independent country located on the Caribbean seaboard of Central America. It has an area of approximately 23,026 sq. km, and is bounded by Mexico to the north and Guatemala to the west and south. The administrative capital is Belmopan, but the major commercial centre is Belize City, which is located on the eastern coast close to the major international airport.

Population

The total population of Belize is around 200,000 of which some 60,000 live in Belize City. Much of the country's population is ethnically diverse and includes descendants of the original Mayan culture and people of Caribbean, Caucasian, Chinese and East Indian descent.

Political Structure

Belize has a long history of peace, stability and democracy. It became a British Crown Colony in 1862 and achieved complete self-rule in 1981. Belize is a member of the British Commonwealth, the United Nations and the Non-Aligned Movement. Executive authority is exercised by the Cabinet under the leadership of the Prime Minister, subject to approval by a 28 member Senate with the majority appointed on the recommendation of the Prime Minister.

There are two main political parties; both parties are committed to the economic development of the country and the encouragement of overseas investment.

Infrastructure and Economy

Belize's unspoiled environment with cays and barrier reef make it a popular destination for eco-tourists, whilst its clear unpolluted waters are excellent for swimming, diving, fishing and other aqua sports. The country also offers a unique mix of unspoiled woodlands, caves, rivers, mountains, waterfalls and jungle, in addition to a wealth of Mayan archaeological sites. There are also forest reserves, wildlife sanctuaries, marine resort areas and the world’s only jaguar reserve. Major exports are sugar, bananas, citrus products, fishery products, garments and timber and wood products. The offshore finance industry is generating an increasing proportion of national income.

Language

The official and spoken language is English.

Currency

The Belize Dollar (BZ$).

Exchange Control

Offshore activities are exempted from exchange control.

Type of Law

Common Law. Based on English Company Law.

Principal Legislation

International Business Companies Act, 1990 - International Business Companies (Amendment) Act, 1995
Belize Internationa Business Company Revised ACT 2000.

Back to Belize Page
Hong Kong Head Office              Room 803, Futura Plaza, 111 How Ming Street, Kwun Tong, Hong Kong
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