Belize International Business Company (IBC)
Belize IBC's (International Business Companies) are formed under the Belize International Business Companies Act. This piece of legislation was initially adopted in 1990 and further extended and amended in 2000. 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.
Belize IBCs are commonly used for Offshore Banking to conduct international trade, investment activities and for asset protection. The Offshore Company or International Business Company (IBC) is a tax-free Company. All of its profit-earning activities must be conducted outside Belize. A foreign company also has the option to continue under the law of Belize as an IBC and would still have all the benefits provided by law. IBC's incorporated in Belize are often used by high net worth individuals to lease and own property, estate planning, tax optimization and also in conjunction with trust and by international companies in cross border transactions.
An IBC is exempt from tax in its home jurisdiction, it has extensive features protecting the confidentiality of its owners and is not subject to any onerous reporting requirements.
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Why Incorporate in Belize?
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 is an ideal location for investing in and forming an Offshore Corporation.
What makes Belize ideal?