Belize is an independent state of Central America, a popular tax-free offshore and a local financial and business center. Belize is part of the British Commonwealth.
Legislation, judicial system, corporate and contract law of the Belize jurisdiction are based on English common law.
Belize has no restrictions on cash flow and transactions are carried out in any currency.
In terms of company registration, opening of accounts and annual maintenance, it is one of the most cost-effective “traditional” jurisdictions of the world.