Belize, formerly British Honduras, is a CARICOM and SICA member. Located in the northeastern corner of Central America, bordering to the north with Mexico and to the south and the west with Guatemala. The capital is the city of Belmopan and the most populated city is Belize City, which is also the main port of the country. Although is the only Central American country with English as official language, its just over 380,000 inhabitants speak predominantly Spanish and Creole. Its currency is the Belize Dollar (BZD), which is currently pegged to the US$ (2:1).
Belize is a well-known offshore jurisdiction for its privacy policies, tax advantages for non-residents and its full tax exemption for its domiciled International Business Companies (IBCs), provided that no business is conducted within the territory. Although its banking sector is not as large as other offshore jurisdictions, it is an option to consider for asset protection, trading companies or investment funds, among others.
At Flag Theory, we’re here to help you during every step of your internationalization and structuring plans. If you want to set up a company, open a bank account, immigrate and/or obtain residency permits in Belize, you can view some of the articles and more information about the country below, or get in contact with us directly for a free private consultation.
What to consider when structuring an E-commerce Business E-Tail, E-commerce, or online sales businesses are a common business activity we deal with when consulting for a new corporate structure at Flag Theory. There is a
What you should consider when setting up a regulated Crypto CFD Brokerage Contracts for Differences (CFDs) are cash-settled OTC derivative contracts which consist of agreements between a given trader and the broker which give the
Massive legislation changes affecting Offshore Tax Regimes and Economic Substance Requirements Massive change has swept the offshore industry lately, largely as a result of pressure from the EU and the OECD. As a result of
Where to incorporate an International Business - Part 1: Offshore vs Onshore Flag Theory Weekly Letter – Friday November 16th, 2018 One of the main advantages of international businesses over local ‘brick and mortar’ businesses, especially
Where to set up a Crypto Exchange – Part 4: Setting up an Exchange in the Americas Flag Theory Weekly Letter – Friday, September 7th, 2018 After discussing the fundamental aspects when choosing the jurisdiction to
Where and how to open an international bank account Today let’s dive into where and how to open an international bank account and what you should consider when designing your offshore banking strategy. A large
Top countries to make the most of your retirement (and have a high quality of life) Retirement visa programs, cost of living and taxes Retiring overseas is a growing trend among Westerners. There are several
What is Dual Citizenship and Why is valuable? What is Dual Citizenship? Dual Citizenship / Nationality is a citizenship status in which an individual is a citizen of more than one country at a time. Why
Complete list of countries to obtain citizenship by naturalization Most countries around the world allow for persons who have lived in a country for a certain period of time to apply for naturalization. It's only
Where to get a Merchant Account for your Online Business This post is a continuation of the previous, where to incorporate as a Digital Nomad, where we continue to explore options for internet entrepreneurs to
The Real Story About Americans Going Offshore Reader Question today... An Internet Entrepreneur from the US is concerned about getting sued and wants an incorporation that protects against lawsuit liability, aka asset protection. I am
Why and how to set up a Belize offshore company Belize is a Central American country known for its English speaking ability, and robust offshore environment. Belize is very well accustomed to setting up offshore companies
Asset Protection for the Internet Entrepreneur The internet sparked the dawn of a new era - where information became widely available, the way we communicate, buy products and services, interact with each other, and live
The best country for an internet entrepreneur to incorporate --- This article was written on May 17,2012 - we have recently published (December 2018) the 'Where to set up an International Business' article series, where