Excel Formula For Giving Dates And Calculating Number Of Days Thinking About Offshore Company – Belize is the Best One

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Thinking About Offshore Company – Belize is the Best One

There are many types of businesses that many people worldwide have jumped on the bandwagon to earn lucrative income, one of which is offshore companies. Offshore Belize companies have the collective benefits of anonymity, tax exemption, limited liability and privacy protection. Hence, many business minded individuals are choosing to incorporate their companies offshore to save costs and many other benefits.

Statutory tax exemption

When you return to the company formation in Belize, you can enjoy the highest level of privacy protection without the relevant authorities knocking on your office door for tax collection and other details. There are legal tax breaks and you save money in this area. Now you don’t have to pay huge amounts of your profits and you get to keep 100% of your returns and takers. This will motivate you to work harder because whatever you earn, you will save and keep it fully. There is no tax on any kind of income and this is a huge saving on your part. This is an incentive for the offshore Belize registered company owner to work diligently and honestly because he gets to keep all the profits without a large percentage of the federal government.

No accounting and reporting requirements

There is no need to properly account for the financial statement as no income tax is payable and no tax is levied on the other income generated. You can do it all yourself using a Microsoft Excel worksheet with added formulas for automatic calculations. And you can own doing all the work yourself, don’t report to anyone else. You are your own boss who calls the shots and sets the time and place to work in a relaxed and comfortable environment. Furthermore, you do not have to report to anyone else or the company formed in Belize.

No fees for audits and accountants

There is no higher watch on your shoulders and no government agency checking on you all the time. Hence, there is no charge for audit and you are free to deposit your entire income in your fixed deposit in the bank. There is no reporting required, this is a huge savings for you in hiring a professional accountant to keep proper books for your offshore company. Moreover, the work culture is flexible.

Business can be conducted internationally

Your offshore Belize registered business can be operated internationally with just one web site hosted elsewhere. This is your online profile that showcases your products and services to clients around the world, such as programming, freelance writing, virtual assistance, insurance, web designing, as well as a wide array of other services you can offer over the Internet. The cost is also low – with a computer in your room with an internet connection, you are ready to run an offshore business globally and access is limitless.

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