Belize Company Formation Benefits
What are the benefits of company formation in Belize? Not only are you not liable for tax payments to the Belizean government but you do not need any foreign exchange licences for your enterprise. Your directors and shareholders also do not need licences, and you can hold your Director Meetings anywhere in the world without having to record minutes.
What are the other Belize company formation benefits?
You can store your company records at any location in the world. You also do not need to maintain books or prepare annual accounts. In addition, you needn’t maintain a record of shareholders and directors. Finally, you can also enjoy a flexible structure for your corporation.
Some of the other benefits of company formation in Belize are:
- Tax-free business environment
- Zero currency restrictions
- Zero paid-up capital requirement
- No auditing
- No corporate secretary requirement nor registered office requirement
- The director can be a non-resident
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