If you are considering investing in mutual funds offshore, you should consider setting them up in Belize.  You don’t have to worry about minimum capital requirements and statutory limitations if you invest in Belizean mutual funds.  Belize’s government has drafted laws which provide for benefits and advantages that you would get if you invest in Belizean funds.  Some of the benefits include:

1.  Minimal or no-tax status on income and commission.  Laws provide for minimum or zero tax on the funds income and profits, as well as capital gains and dividends.  You should be aware though that despite your tax free fund status in Belize, your income, dividend or profit may still be taxable in your country.  Belize laws have also imposed minimum tax or have exempted from tax the commission, fees and fund managers’, administrators’ and advisors’ earned profits.  Mutual funds that have been registered in Belize are also exempt from various duties that are normally part of such investment vehicles.  For instance, they have favorable treatment when it comes to income and business taxes, stamp duties as well as government controls and regulations.

2.  Greater structural and operational latitude.  Due to a minimal regulation of mutual funds set by Belize legislations, you are allowed flexibility in fund structuring and investment handling.  You have an access to a wide range of investment options and strategies.  The low level of legislative regulation of mutual fund also permits an easier and speedy establishment process, with a low administration cost.  Additionally, there are no restrictions on financial transfers.

3.  Benefits of the Mutual Funds Act of 2000.  This comprehensive act provides for a competent government agency which would regulate the financial services relating to the establishment of a mutual fund.

4.  Great mutual fund environment.  The country has an outstanding stability in terms of political, social, and economical structure.  This allows for a stable and financially secure environment for your mutual fund.