Belize International Business Company
General Information
- Type of Company - International Business Company (IBC)
- Legislation - Common Law
- Company name - Non-English names are allowed
- Time-scale for incorporation - within 3 days
- Change in domicile is permitted
- Double tax treaties – with UK, Sweden, Denmark and countries of the Caribbean Community
- Shelf companies are available
- Taxation on profits - Nil
Local Requirements
- Registered Office and Registered Agent must be maintained
- Company Secretary is not required but advisable
- Local secretary is not required
- Local directors are not required
- Public recording of shareholders and directors is not required
Corporate Requirements
- Minimum number of shareholders - One (1). Corporate bodies are permitted
- Minimum number of directors - One (1). Corporate bodies are permitted
- Minimum capital requirement – None
- Standard Authorised Capital - US$50,000
- Bearer shares are permitted. Beneficial owner information is placed in custody in Belize by a licensed professional intermediary
Annual Requirements
- Annual return and annual statutory meetings are not required
- Accounts are not required for public filing, but a company is required to keep financial records that reflect its financial position
- 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