Monday, August 15, 2011

Belize: the most popular offshore jurisdiction.


Currency: Belize dollar (BZ$)

Authorized capital: The ordinary stated authorized capital is 50,000 dollars, divided into shares with or without par value. The authorized capital may be nominated in any currency. The minimum issued capital may be 1 share with our without par value.
Taxes: 0%
Annual reports: none, but financial reports shall be kept
Limitation of Belize offshore companies:
An international business company may not conduct business or have property in the territory of Belize, and may not engage in banking, insurance or reinsurance business, be a managing company or a registration agent.
Name of the offshore company
The name of your offshore company should end in the following words or abbreviations: Limited, Corporation, Incorporated, Society Anonyme, Sociedad Anonima or Aktiengesellschaft or Ltd., Corp., Inc., S.A., A.S. or A.G.
The name may not include the following words: Assurance, Bank, Building Society, Chamber of Commerce, Chartered, Cooperative, Imperial, Insurance, Municipal, Royal or Trust, or any other words denoting patronage of Her Majesty or any other member of the royal family, or having any connection with the government of Belize.
ttp://www.offshore-holding.com

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