Wednesday 28 May 2014

Belize

Belize is an country on the board of central America, bordering Mexico, Guatemala and the Caribbean sea. It's the country with the lowest population density in the central America. Belize has a large variety of culture and languages, mainly due its location, a place where many travelers, explorers and fighters have gone trough. The main language of Belize is English, but due to the variety of the culture, many different languages are used in the every day life such as English creole and Spanish. Well know as the place of birth of chewing gum and Punta music.


Economy

Most of Belize economy comes from the export of goods. Mainly crude oil, petroleum, minerals and various items from agriculture. As with every country near the equator Belize has amazing weather for tourism. Promising growth and stabilization of economy may make Belize a great place for business incorporation.

Companies

Most popular company model  in Belize is built on the International Business company model. The incorporation is usually takes one to couple of days, and there are self companies available for most of the incorporation agents. There is no minimum paid up share capital and usual authorized capital of 50000 USD. The low business registration costs and fast incorporation times makes Belize another great place for company formation. A local office must be kept to keep the company registered.

Upkeep

Company upkeep is quite easy as with most of the offshore jurisdictions and there are agents who can provide company management services for a fee. Obligatory things that have to be done yearly in order to keep the business in the company register: the payment of a yearly fee and the filing of accounts.

Over all making Belize an attractive target for an offshore incorporation. 



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