Best choice BVI or Belize offshore company for my situation?

[orangeye]

I am considering opening a BVI or Belize company for my business while considering to take the entire business offshore.


By law I have to inform my government about my offshore company (like anyone else in this world) but I would ofcourse like to avoid doing so, I know it can be risky, but what is the risk?


I don't want to share my profits with my government thus the whole idea of an offshore company!


Now to the question are the noticeable differences between BVI and Belize if so what are they?


Will this work at all?

 

[JohnLocke]

As from what I read it would be the wrong approach to take, you will want to look into a offshore jurisdiction that don't share any tax information with your country, Seychelles is such a offshore jurisdiction.

 

[orangeye]

Is the Seychelles offshore jurisdiction the only one in the World that don't share any tax information or have such an agreement in place?

 

[JohnLocke]

Is the Seychelles offshore jurisdiction the only one in the World that don't share any tax information or have such an agreement in place?

They are not the only one for sure, but as of my knowledge the only one which is reliable and at the same time offer this level of privacy.

 

[orangeye]

What about Panama do they have any TIEA's or DTA/DTAA in place ?