BELIZE COMPANY FORMATION

Belize Offshore Company Formation

You may have harbored a desire to take your business to overseas locations but zeroing in on the right country for expansion may not be easy. If you think trying an offbeat destination for business expansion is worth it- try out Belize. Located on shore of the Caribbean Sea and bordering Mexico, Belize is not like typical American territories. The main industry here is tourism and framing is limited. Despite the lack of a strong economy, Belize offers opportunities for businesses looking forward to utilize nascent markets. So, it is no wonder why so many foreign investors are looking for expert Belize Company Formation service so that they don’t get themselves engulfed by a barrage of problems.

The fact that Belize has a lot of undeveloped land makes it ideal destination for business dealing with crop products. It is also possible for skilled entrepreneurs’ to start new businesses here. Of late, the government has undertaken measures to encourage companies from other countries to start operations in the country and make investments. The government offers incentives to new companies offering employment to its residents as well. These include exemption from import duties, tax holidays and lowered tax slab etc.

You can start various types of businesses in Belize, as it is. The tourism and hospitality related ventures fare well here. Of course, food related ventures also run well. It is okay to start such ventures on small scale and grow with time. It would also be prudent to start ventures that hardly exist in Belize. The lack of competition will work in your favor. Examples include luxury clothing, computer and web related ventures, event planning and management etc.

While the atmosphere may not be as encouraging as some nearby Caribbean nations, things are improving in Belize. Government trade promotion entities like BELTRAIDE are there to help out potential investors. Initially, things may not go butter smooth and amenities like internet and telephone may come at high cost but you can explore the opportunities nevertheless.

It may be necessary for you to hire a veteran constant or tax professional to expand your business to Belize. The procedures and legal norms will not be hassles on the way then. You need to learn the pros and cons of residency permit and other permits for hired employees too. Checking out its QRP program is also advisable.

If you are deterred by uncertainties and doubts regarding Belize Company Formation, relax. We, at the BRIS Group are there to help you out. Our expertise will remove obstacles on your way of starting business operations here. Just call us to know more about our Belize Company Formation service.