![]() ![]() To exclude themselves from the "black list of investments" of international organizations, new legislation was adopted, including the following laws: ![]() ![]() The Belize authorities have embarked on the path of restoring its reputation and investment potential. This has led to a marked decline in the country's attractiveness in recent years due to high levels of corruption. In other words, opening a company in Belize remotely used to be a great opportunity to avoid paying corporate taxes, including VAT. In the 1990s, Belize was one of the most popular jurisdictions for foreign investors due to the lack of tax requirements for offshore companies. In this article, we will take a detailed look at the implications of the amendments, as well as the key pros and cons that entrepreneurs who decide to register a company in Belize will face. ![]()
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