The use of offshore shipping companies can eliminate direct or indirect taxation on shipping. Such companies may own or charter ships and accumulate the profits from these activities tax-free. Therefore, ships or yachts may be owned by an offshore company and registered in an offshore jurisdiction, in a cheaper and more tax efficient method of ownership.
Belize Office Closed
Fidelity Overseas Limited has ceased doing business in Belize. We no longer offer company/trust formation and management services in Belize. As of 2024, we have not prolonged our Registered Agent license in Belize.