Ownership and Control of my Offshore Company
How can I be certain that you are not going to steal my money and blackmail me?
To start with, we are not in the business of stealing money. We make money by providing incorporation, administration and management services to thousands of IBC´s. By even attempting to defraud one single client, we would lose all of our business. As a licensed Registered Agent firm, our operations are monitored and regulated by Belize International Financial Services Commission (IFSC), which supervises all corporate and trust service providers in Belize. Any dissatisfied client may complain directly to the IFSC. In that case our actions will be immediately investigated. If any wrongdoing on our part is determined, our firm will lose the license, we will be out of business and the responsible individuals may find themselves behind bars. In this respect, the business of International Corporate Service Providers in Belize is supervised and monitored as closely as that of banks or insurance companies. In fact, this is one good reason why You should buy offshore services from the source and avoid intermediaries - even if they appear cheaper! Many internet-only intermediaries are not regulated at all and they can indeed disappear without a trace, leaving You in the cold.
On a more practical side, an offshore company can be set up in a way that neither the Registered Agent nor any associate or nominee related to the Registered Agent have direct access to the funds and assets of the IBC. The Registered Agent may in fact have no knowledge as to where in the world such funds and assets are located. Such setup would mean that the beneficial owner would have to be the sole signatory on company accounts, which is not the best option for secrecy purposes. However, if the beneficial owner chooses such option, even a theorethical possibility of embezzlement is virtually eliminated.