Belize

Belize (formerly British Honduras) is a constitutional monarchy, and the northernmost Central American nation. Belize has a diverse society, comprising many cultures and languages. Despite Spanish and Kriol being the main languages, English is the only official language. Belize is bordered to the north by Mexico, south and west by Guatemala, and to the east by the Caribbean Sea. Belize’s mainland is about 180 miles long and 68 miles wide.

Belize is culturally unique among its Central American neighbours; it is the only nation in the region with a British colonial heritage. As a part of the Western Caribbean Zone, however, it also shares a common heritage with the Caribbean portions of other Central American countries. In general, Belize is considered to be a Central American nation with strong ties to both the Caribbean and Latin America. Belize is a member of the Caribbean Community (CARICOM), and Sistema de la Integración Centroamericana (SICA).

IBC, an International Business Company, is the most popular type of offshore corporation , used worldwide for tax planning and asset protection purposes. Every offshore tax haven has its version of IBC legislation. An IBC is a private company which is designed to engage into any international business activity. An IBC is exempt from tax in its home jurisdiction, it has extensive features protecting confidentiality of its owners and is not subject to any onerour reporting requirements.

A Belize IBC is formed under the Belize International Business Companies Act. This piece of legislation was initially adopted in 1990 and further extended and amended in 2000. Belize IBC Act is considered internationally as one of the most medern and user-friendly offshore corporation legislations available. A Belize IBC is a perfect corporate vehicle for international financial transactions, being especially designed with the offshore investor in mind. Belize’s laws facilitate fast and simple incorporation, and its modern and computerized IBC Registry is capable to process a company registration within one hour.

Our Belize office was opened in May 2010.

 

 

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