Belize is an ideal place for the formation of an offshore company. Belize IBCs (International Business Companies) are companies that are commonly used for offshore banking, to conduct international trade, investment activities, and for asset protection. Belize IBC’s can be involved in buying and selling goods and services, holding bank accounts and operation of businesses. Belize IBCs are also commonly used for the ownership of real estate property and land; for ownership of intellectual property licensing and franchising; personal service by individuals working overseas and offshore e-business. These are just some examples. The Belize IBC may be used in many other ways to save on taxes.