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UK Company Registration

The UK company has a high international legal status and a good image and is the registered place of most offshore company in the world.

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Seychelles Company Registration

Seychelles was originally a French colony and was deeply influenced by France.

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Hong Kong Company Set Up

Hong Kong offers various incentives that make it an attractive location for international businesses to establish their companies.

Taipei
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Taichung
TEL:+886-4-2320-2793

Shanghai
TEL:+86 21-6090-4391

Shenzhen
TEL:+86 755-83176807

interarea@interareapsp.com

Belize became independent on September 21, 1981, established diplomatic relations with the Chinese Communist Party on October 1, 1987, and established diplomatic relations with Taiwan on October 13, 1989. Since the establishment of diplomatic relations between China and Belize, the two countries have friendly relations and stable friendships. It is a paradise for most Taiwanese choosing immigration.

I.Company profile of Belize

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Population
398,050

BZD
Currency

UTC−6
(Time Zone)

English
Language

English
Common Law
Legal System

Exchange Control
None

  • Located
    Belize is located in the northeast of Central America, bordering the Caribbean Sea in the east, Mexico in the north, and Guatemala in the west and south. Before 1981, it was a British territory (British Honduras). Its laws were based on the British Continental Law. The court mechanism is similar to the United Kingdom. Various commercial contracts and commercial laws are based on the British legal model.
    Belize is a member of the United Nations, the World Bank, the International Monetary Fund, the General Agreement on Tariffs and Trade, the Commonwealth of Nations, the Caribbean Common Market, and the Caribbean Development Bank. Its international status is relatively higher than other shell corporations. Belize imitates the British Virgin Islands to quote the International Business Company Law, and also allows the establishment of international business companies registration.
  • Population
    398,050.
  • Language
    English
  • Currency
    Belize Dollar
  • Economy
    The Belize economy has traditionally been based on forestry, but in recent years has relied more on agriculture, fisheries, and industry for income, especially sugar, citrus fruit, cocoa, rice, tobacco, bananas, and beef. Industries include shipbuilding, food processing, textiles, furniture, batteries, and cigarettes.
  • Exchange Control
    None.
  • Key Company Regulations
    Belize follows the example of the British Virgin Islands in adopting the International Business Companies Act, and also allows the establishment and registration of international business companies. According to the provisions of the International Business Companies Act, the established companies do not need to submit tax returns to the local government, nor do they need to set up accounts. They only need to pay fixed government fees each year, so there is almost no tax burden.
  • Legal System
    English common law

With many years of industrial and commercial experience, Inter-Area Professional Service Provider can pay attention/service to customers not only related to overseas company registration. Because Inter-Area Professional Service Provider has professionals who are familiar with overseas affairs from planning, registration, practical operation cases, related matters needing attention, and also the latest information. Provide our customers with the most complete, fast, and secure full service. The most important thing is the background and purpose of the customer’s practical investment. Different products and services generate whole new experiences that determine future value.

II.The advantages and usage of setting up an offshore company in Belize

  • High confidentiality
    The details of each director do not need to be included in any public record.
  • High bank acceptance
    Almost all foreign exchange designated banks in Taiwan to accept the establishment of the OBU account of Belize Company.
  • Easy to set up
    Only need at least one shareholder/director’s information to set up registration.
  • Easy to maintain
    The company does not need to submit annual statements and audit accounts, nor to convene an annual meeting. You only need to pay a fixed government fee every year to maintain the company’s survival.
  • Mainly positioned as a “transaction” company. Example: Operations of two, three, and four corner export trade. It can also be used for investment holding, but attention should be paid to the problem of insufficient registered capital, as its standard registered capital is USD50,000, which is relatively low compared to other overseas companies. However, when financing from a bank is needed, it can actually reflect better financial statements.

III.Registration and related regulations of Belize

I. English company name (Chinese can also be added, but an additional license establishment fee of USD100 is required);
II. English correspondence address;
III. A copy of the passport of at least one shareholder/director;
IV. The standard registered capital is USD 50,000.- (capital can be increased/decreased, but government fees must be added).

IV.Belize Law Amendment

The Belize Companies Act has been amended! The Belize Government announced in the Belize Gazette on October 12, 2013 that it will adopt the Accounting Records (Maintenance) Act 2013. The main points of this Act are as follows:

  • Amendment of Belize Decree
    1.Keep accounting voucher information for at least five years.
    2.The account voucher information shall be kept at the company’s registered address or other location deemed appropriate by the director, but the registered agent shall be notified in writing of the actual address.
    3.If the address changes, the registered agent must be notified in writing within 14 days to renew the address.
  • Other records of the company
    1.Keep the following company records: minutes of directors ‘meetings, minutes of shareholders’ meetings, rosters of directors and employees, rosters of shareholders and other records of changes in shareholders, directors, and employees.
    2.Record in detail the name/address / appointment/date/resignation date of each director and employee.
    3.The company records must be kept at the company’s registered address, or at such other place as the directors deem appropriate, but the registered agent must be notified in writing of the actual location.
  • Submission inspection
    In accordance with the Company Law, government registry staff may reasonably request to enter the registered agent’s office during working hours to review the international business company’s file records. The registered agent may not refuse, otherwise he will be fined.

Overseas bank account opening related services