A large percentage of those who decide to go offshore are freelancers as well as consultants and they have found that the Belize Company offers them a wonderful choice.  Since the company is relatively simple to establish and there are very few requirements and no taxation levied on international income many consultants find it to be their prime choice when considering incorporation.  Since the company can consult on almost any imaginable activity, there are few restrictions on what the function of the company can be as well as where the company’s operational center can be located.  May people have used such companies in which to conduct tax free business in the fields of e-commerce consulting as well as Internet security consulting and many many others.  The company invoices the client for the services and the client makes payment via a wire transfer to an offshore bank account and the earnings are tax free.  Once funds are earned in this tax free environment they can easily be withdrawn or spent via an offshore debit card.  Other uses for a Belize Company in the field of consulting have been in the area of engineering, precious metals refining, travel, import and export, as well as higher education.  Since there are no requirements to file annual reports, most “one man show” companies save a bundle on not having to pay accountants as well as assistants in order to file such reports.  An online bank account can be used as a replacement for an accountant by printing out monthly statements and keeping them on hand for reference.  As we can see, a Belize Company is an ideal tool for those involved in consulting as a profession.