Type of Company - International Business Company (IBC).
Legislation - International Business Companies Act 1990 – International Business Companies (Amendment) Act 1995 – Trust Act 1992.
Company name - A company name must end with Limited, Corporation, Incorporation, Société Anonyme, Sociedad Anónima, Gesellschaft mit beshränkter Haftung or an abbreviation thereof.
Time-scale for incorporation - 3 to 5 days.
Disclosure of beneficial owners prior to incorporation is NOT required.
Double tax treaties – Not a party to any double tax treaty agreements.
Ready-made companies are available.
Other corporate or partnership forms - Companies limited by guarantee and having a share capital, limited partnerships, limited duration companies.
Money laundering legislation is in existence.
Local Requirements
Registered Office and Registered Agent must be maintained.
Company Secretary is not required but advisable. May be a natural person or corporate body in any country.
Public recording of shareholders and directors are optional.
Accounts are not required for public filing, but a company is required to keep financial records that reflect its financial position.
To discuss the specifics of your enquiry please contact us.
Corporate Requirements
Minimum number of shareholders - One (1). Registered agent must subscribe to the Memorandum and Articles on incorporation.
Minimum number of directors - One (1). May be natural persons or bodies corporate and may reside anywhere in the world.
Minimum capital requirement – None.
Standard AuthorisedCapital - US$50,000.
Bearer shares are permitted, however the new bearer share rules, with effect from 1st July 2001, require that bearer share certificates are placed in custody in Belize by a licensed professional intermediary.
Corporate Directors are permitted.
Annual Requirements
Annual return and annual statutory meetings are NOT required.
Statutory accounting is not required.
Annual government license fee or annual indirect tax of US$100 per annum for companies with authorized capital not exceeding US$50,000 and US$1,000 for companies with higher authorized capital.
