www.belizecompany.com - Belize Offshore Financial Services
Belize General Information Belize Offshore Jurisdiction International Business Company Partnerships and Trusts Other Financial Services Regulators and Legislation

Belize Business Environment

Belize has a favorable business environment, with minimum regulatory restrictions.The professional infrastructure is reasonably good. Belize has high reputation in terms of efficiency and low costs.

Belize Telecommunications Limited provides telephone communication between Belize and the United States and Canada. Direct dial service is available worldwide.

Major International Airport is Phillip S. W. Goldson International. It is situated 8 miles from Belize City and provides direct airlines to Miami, Houston and New York. Major Ports are Belize City, Big Creek and Dangriga.

Mail service is generally reliable, however, letters to the US from Belize City take about a week, which is longer than from more remote countries.

There are four commercial banks in Belize, regulated by the Central Bank of Belize according to the provisions of the Banking Act: The Belize Bank Ltd, Barclays Bank PLC, Bank of Nova Scotia, Atlantic Bank Ltd.

Belize is a newcomer in international financial services. Offshore business in this jurisdiction has started in 1989, with the enactment of the Registration of Merchant Ships Act, from which the International Merchant Marine Registry of Belize (IMMARBE) started. Today there are more than 3 000 vessels under the flag of Belize, and IMMARBE offices are located all over the world. Belize has ratified most part of the International Maritime Organisation Safety Conventions.