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Belize Offshore Companies
By: Bruce Stander
Companies needing the services of international incorporation may want to consider the nation of Belize. Belize offshore companies have a number of distinct advantages for corporations. First, the country has streamlined the incorporation process so that it is quick and efficient, making it attractive to busy business owners. The country made these changes in 1990 when their legislature passed a law to make it easier for people in other nations to start Belize offshore companies.
Belize in general requires only one director or shareholder, meaning that a single person can incorporate in Belize without needing the cooperation of other people. Individuals or other companies can incorporate Belize offshore companies, so it is easy to work within the framework set up by the Belize banking industry. The nation also guarantees confidentiality, which is wonderful in a world when financial information often is not kept confidential enough.
Belize permits the shareholder and director of a company to be the same person. That means that you really can set up a company on your own. You can be the director of the Belize offshore company at the same time you are receiving the full profit for any work that the company does. Belize, a Caribbean vacation spot, is among a handful of nations working to create a confidential banking system. These nations appreciate Western clients, such as those from the United States and United Kingdom, and are willing to provide the best banking service they can to keep these clients.
Setting up an international corporation for banking purposes is an act of faith. Ensuring that you are comfortable with the people you will entrust with your money is important. The Belize government has made every effort to guarantee that your money will be safe, and your information will be kept private.
Bruce Stander is the marketing manager of Worldwide Corporate Services. WCS offers affordable offshore company formation.
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