• Why Choose Belize For Offshore Company
  • Profile Of Belize & Other Offshore Co.
Belize BVI
Population 32,000 23,552
Area 22,966 153
Location Central America Caribbean
GDP/person US$ 8,500 US$ 38,500

◎ Based on 2008 figures

Belize, formerly British Honduras, attained its independence on 21 Sep. 1981. Compared with BVI,Belize is scarcely populated. Belmopan is its capital now, while the former capital Belize City, with estimated 70,800 or more people, is the central city. It is a stable country with high-level education, without racial discrimination and admitting dual nationality. Tourism and agriculture are the main national economy. Historical sites, famous Dive Heaven-Shark Ray Alley and San Pedro, and Mayan monument (Altun Ha), attract more than 1.6 million tourists every year. Recently, due to perfect economic plan and the amendment of BVI Company Act, Belize has quickly replaced BVI as a new jurisdiction.
  • Best Interim Position For Business and Trading

Belize, located in Central America and known as the “Backdoor of American Strategic Status” and ”Little America”, is the only country access to CARICOM, FTAA (Free Trade Area of the Americas) and EEC(European Economic Community). In addition, it has established diplomatic relationships with many countries. It plays a pivotal role in business exchanges among British, America, Canada, and EU. Belize has convenient transport facilities that direct flights are available in America Airlines, Continental Airlines, and US Airways etc. and it only takes you two hours by air from Miami or Houston.

  • Shelf Company & Documents Notarization
It is convenient and time-saving to incorporate company in Belize. Such company only needs one director for registration, no limitation of nationality.
Belize BVI
Company Type IBC BC
Ever been on Black-List of OECD No Yes
Minimum Director / Shareholder 1 1
Chinese Name on CI Yes Yes
Open Bank A/C in HK Yes Yes
Disclosure of Director / Shareholder No Yes
Ready-made Company 2 Days 2 Days
Tailor-made Company 7 Days 14 Days
Notarization by CN / VN Embassy 30 Days 45 Days
Notarization by TW Embassy 21 Days 45 Days
Any person or corporate can be the director or shareholder, and no need to appoint firm secretary. PPM facilitates clients with ready-made company in 2 days and tailor-made company within 7 days. Belize has diplomatic relationships with most countries which also have embassies there. Certificate of Incumbency and Certificate of Good Standing can be obtained promptly.
  • Correspondent Invoice Address

It would be useless if an offshore company is unable to open a bank account. Only the flow of money in the bank A/C is able to prove the effectiveness of an invoice issued or received. Therefore, the key point for a company is the bank A/C with invoice address. As the company is overseas, its bank account should be opened offshore to facilitate the trade with mainland clients and to guarantee the safety of A/C. Except the account audited by CPA, most of the clients will open bank A/C in financial centers (HK/ Macau/ S'pore), which are tax-free and of high privacy without limitation on foreign exchange, in order to finish the whole process of import and export with the local correspondent invoice address. PPM can provide the Correspondent Invoice Address and the secretary services of Tel, Fax, Mail forwarding.

  • Convenient for Opening A/C, Unrequired Tax Return

Main banks in Belize are: 1. Belize Bank 2. Pacific Bank 3. Barclays Bank 4. Nova Scotia Bank 5. Atlantic Bank At present, PPM has experienced staffs (mastering Taiwanese/ Chinese/ English/ Spanish) and local employees to assist clients in opening bank A/C or Merchant A/C in Belize. As in Brunei, there are stipulations for offshore company that is tax-free and no need to submit the Annual Return and Tax Return in Belize. There are wide choices for company name (either in English or Chinese-English form). Unlike BVI, Belize is not subject to Tax Information Exchange Agreement between British and America.

  • Directors / Shareholders'Files of High Privacy

At present, one can search the company files on the official website of Companies Registry in Hong Kong and Singapore; and in other jurisdictions like Mauritius or BVI, the files can be read with the payment of US$ 110-120 to Companies Registry. Due to the impact of American Terrorists Attack on 11 Sept., 2001, BVI, well-known for its high privacy, had to amend Company Act to monitor the bear shares, which lower its privacy. Therefore, Belize is more recommended than BVI in terms of privacy and image.

  • Annual License Fee
Annual License Fee
Registered Capital Belize BVI
≦US$ 50,000 US$ 100 US$ 350
＞US$ 50,001 US$ 1,000 US$ 1,100

Belize offshore company can issue registered or bear share of no par value. The government fee is US$ 100 with the registered capital less than US$ 50,000; while it is fixed at US$ 1,000, if the registered capital is over US$ 50,000. It is suggested to register the capital under US$ 50,000 with par value of US$ 1, so that the gov. fee is only US$ 100. Compared with annual license fee at US$ 350 of BVI, Belize is more affordable and confidential.