Belize IBC - an International Business Company - is the most common type of offshore company, utilised internationally for taxation planning and asset protection purposes.
All offshore tax oasises has its variation of IBC legislation.
IBC is the foundation and the main product of offshore services industry.
An IBC is a private company which is configured to engage into any worldwide commercial activities. An IBC is tax-exempt in its home jurisdiction; it has extensive features protecting the confidentiality of its owners and is not subject to any heavy reporting requirements.
A Belize IBC is constituted under the Belize International Business Companies Act.
This piece of legislation was at first adopted in 1990 and further broadened and amended in 2000.
Belize IBC Act is considered internationally as among the most advanced and easy offshore corporation legislations available nowadays.
A Belize IBC is a perfect corporate vehicle for global financial proceedings, being particularly fashioned with the offshore investor in mind. Belize's laws facilitate fast and simple incorporation, and its advanced and computerised IBC Registry is able to process a company registration within 60 minutes.
