Belize

1. INTRODUCTION
- Belize (earlier British Honduras) is situated on the Southern shore of Caribbean. New but popular offshore centre.

2. ADVANTAGES
- Maximum confidentiality possible
- New and very flexible legislation.
- Low prices for incorporation and annual fees.

3. DISADVANTAGES
- Lower prestige than the European offshore centres have.

4. COMPANY NAME
- There are the sensitive words "Bank", "Insurance", "Trust", "Royal", etc. but use of similar analogues is possible.

5. SHAREHOLDERS
- min. 1 legal person or individual or bearer

6. DIRECTORS
- min. 1 legal person or person.

7. ACCOUNTS
- not needed

8. SHARE CAPITAL
- optimal - 50 000 $ (must not be paid up).

9. TIME TO SUPPLY
- from ready-made list - 3 days for courier.
- with new name - up to 14 days