For the costs to be maintained at a minimum level there are no minimum capital requirements, no need for audited accounts, no annual returns, no requirement for local director or secretary and no requirement for annual general meetings.

Other advantages an offshore firm incorporated in Belize are: flexibility (only one director and one shareholder); may have bearer shares or registered shares and voting or non-voting shares; the authorized share capital may or may not be a par value; the offshore company may conduct any business that is not prohibited under the laws of Belize save and except for banking, insurance, trust management and collective investments, which requires a license; the offshore company may purchase its own shares and redeem its own shares; confidentiality (nominee directors and nominee shareholders – the only public document is the Memorandum and Articles of Incorporation); there is no requirements for public disclosure or annual filing of accounts; Belize does not disclose its banking or fiscal information under any information-exchange agreements to any foreign parties on grounds of suspected tax evasion.