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Business advantages of belize offshore jurisdiction

*What is an offshore company? We have already analyzed reasons to go offshore in 2017, and now the time has come to analyze belize company formation process.* **This Central America country is considered as one of the most favorable for international business.** Most common company structure in this jurisdiction is an IBC (international business company). It is regulated by 1990 and 2000 go...

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GST and Excise Tax Revision in belize’s New Budget

**belize’s 2018 budget** brought significant changes for indirect **tax system**. These revisions are mostly directed at complying with the global taxation standards, therefore, concerning Goods and services tax (GST) and Excise tax. GST will change for internet data purchase. From now on, **12,5 % tax will be collected from everyone, apart from schools, who purchase internet data**. This a...

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Old Ways Won’t Open the New Doors

...h ABC Banking Corporation, AfrAsia Bank Limited, Mauritius Commercial bank and State Bank of Mauritius. Mauritius requires either $33.000 USD or $333.000 USD as a paid-up capital depending on the license type. This requirement is still lower than in belize, and more predictable than of other jurisdictions. The local legal framework requires the licensed company to have an office on the islands, an...

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Why Moving Your Business Offshore Sounds Reasonable

There is no doubt that you have heard about such offshore destinations like Panama, the British Virgin Islands, belize or Anguilla. These countries are now gaining popularity and are known for relocation of existing companies to overseas jurisdictions. At the same time, businessmen often decide to start new companies in the offshore jurisdictions to work within the new markets, manage taxes and ...

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How to Incorporate a Company and Why it is Beneficial

...LC or IBC. It is suitable for most types of activity. However, consider your plans and think about physical office need, taxation matters, hiring personnel and obtaining necessary permissions. This might affect your company type as well. [![belize ibc.png](https://www.offshorelicense.com/storage/app/uploads/public/5ab/632/ba2/5ab632ba23c8e889455765.png)](http://www.offshorelicense.com/com...

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