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In this video, SFM explores one of the world’s most popular Offshore jurisdictions and details the benefits you can get for setting up your company in Belize.

Let’s explore the value of incorporating your business in Belize.

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0:00:28 Belize financial services
0:01:12 IBC registry
0:02:05 What are Belize IBCs used for?

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Transcript:
Nestled between the pristine beaches of the Caribbean and the rich Mayan history of Central America, Belize offers the best of both worlds. As a former British colony, Belize is the only Central American country whose official language is English while Spanish is also widely spoken.
In an effort to diversify its economy, Belize launched its International Financial Services sector in 1990 with the advent of the International Business Companies (IBC) Act. Today, the Industry has seen various legislative amendments enhancing the laws governing the industry and its products available. Belize now offers an array of options for international business and investment:

• International Trusts
• International Private Foundations
• International Business Companies
• International Limited Liability Companies
• Limited Duration Companies
• Protected Cell Companies
• Mutual Funds

A fully computerized IBC Registry produces an efficient incorporation process allowing for complete company incorporation within an hour while at the same time keeping the cost of incorporation as one of the lowest in comparison to other offshore centers. Further, shares held in a Belize company may be denominated in any currency.
The Belize IBC is a useful vehicle for international business and wealth planning and offers the following additional advantages:
• Flexible corporate structure requiring only one shareholder and one director who may be the same person and maybe a corporate body
• Ease of structure change
• Favourable tax rates with interest and dividends taxed at 0% and no applicable tax on capital gains
• Confidentiality is still at the forefront with registers not required to be filed
Uses for Belize IBCs vary widely, from being used in asset protection structuring, as a holding company, and even to operate a fully commercial business. Classified on the OECD’s allowlist, Belize offers a stable and sound option for your international business and wealth planning purposes.

Please contact SFM should you be interested in setting up your company in Belize!
Thank you for watching!

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