Other jurisdictions!

Other jurisdictions

Belize
The Jurisdiction

Belize is an independent sovereign country located on the Caribbean coast of Central America, bordered by Mexico to the north, Guatemala to the west and south, and by the Caribbean Sea to the east. It is approximately two hours by plane from Houston and Miami. Direct flights are available via international carriers such as American Airlines, Continental Airlines, US Airway, Delta and TACA. Belize has the second-largest barrier reef in the world (185 miles long) and three of four coral atolls in the Western Hemisphere fall within Belize’s territory. Its total population now exceeds 300,000 with the major commercial center being Belize City. The population of Belize is ethnically diverse including descendants of the Maya, English settlers and other Caucasians, Creole, Garifuna, Chinese, Middle Eastern and East Indians. English is the official and spoken language of Belize but Spanish is widely spoken as well. Local currency is the Belize Dollar or BZ$. The Belize Dollar has been pegged to the US dollar at a fixed exchange rate of 2:1 (BZD: USD) for over 25 years.

Government & Legal System

Belize has a long-standing history of peace, stability and democracy. It became a British Crown Colony in 1862 and achieved independence from the United Kingdom on September 21, 1981. The political system is based on the British Westminster model with Queen Elizabeth II as Head of State being represented by a Belizean Governor General. The least of the Executive is the Prime Minister

Hong Kong

Hong Kong is one of the world’s reliable financial centers. The advantages of no exchange control, British legal system and efficient transportation and communication networks make the incorporation in Hong Kong attractive for international traders. Hong Kong is ranked the freest economy in the world.

Advantages of incorporation in Hong Kong

 British legal system
 English and Chinese as official languages
 No tax on income earned outside Hong Kong
 Very stable social/political environment
 Excellent relationship with China
 No restrictions on doing business outside of Hong Kong
 No exchange of information between Hong Kong and other countries
 International financial and transportation hub

UK offshore companies

A “custom-made” UK company formation has many advantages over an off-the-shelf-company. It is usually more economical to incorporate a company with the client’s choice of name, directors, shareholders and authorized share capital than to purchase a shelf company and change these particulars after incorporation.

The intended situation of the registered office can be stated from the outset and, if they wish, clients can be named as the first director and secretary.

A same day incorporation service is available from Companies House for an additional fee. The Certificate of Incorporation of such companies shows their place of incorporation as being London .

In addition, to the companies’ registry in Cardiff, which covers England and Wales, additional company registries are situated in Edinburgh for Scotland and Belfast for Northern Ireland .