International Business Company in Belize is a convenient tool to utilize advantages of offshore banking center in the most flexible way. IBCs are allows to have one shareholder/founder, one director and nominee directors. Besides Belize legislation does not require holding shareholder meetings, but if shareholders decide to still hold it, then they are allowed to vote through the phone or proxy voting.
Offshore banking Belize also offers accounts that are absolutely safe from creditors and free from the requirement of tax-filing.
IBC allows wide range of operations:
- Managing Offshore Portfolios
- Real Estate Owning
- Securities Trading
- Leasing
- International Trade
- Consultation Services
- Holding Intellectual Property
- Financial Planning
- Pension Planning
- Anonymity
Users of Offshore Banking Belize and Offshore Companies: users of such services can be anybody: a person, whose assets are involved in potential lawsuit, a person willing to invest and get proceeds without taxing them, a person, who wishes to conducts his/her business in more liberal environment or a person, who needs high degrees of privacy.
In Belize legislation allows creating International Business Company that is an essential tool for doing all above listed. Government of Belize is motivated to preserve the privacy of offshore banking customers and offshore company owners. Managers and owners of IBC enjoy high degree of privacy and secrecy, information on shareholders is recorded only in a company and nowhere else. The legislation allows issuing “Bearer Shares” that eliminate necessity to keep list of a company’s shareholders.
There are no restrictions on international trade in Belize. IBCs can conduct their business globally, while owners enjoy anonymity. Offshore banking ensures secrecy and laws forbid making banking records available under any conditions.
Offshore banking anonymity and secrecy is enforced by the legislation. Tax avoidance and tax evasion are not regarded as criminal matters in Belize, since there are no taxes there. Courts are not allowed to request details of one’s offshore banking account.
Offshore banking regulation is quite strict in Belize. They have to hold much higher reserves than in USA and they are more carefully audited by Central Bank, then US banks. Deposit insurance is in place and all the banking deposits are insured.
All normal banking services are provided by Belize banks, such as current accounts, investment accounts, and credit and debit cards.
