Belize a tropical paradise at central America is a highly popular destination for Multinational Businesses. Belizean Companies Act is formed on the foundation set out by British Virgin Islands.
Belize with its robust legal system and highly enjoys strong trade links with United States of America and United Kingdom. Belizean Dollar has been pegged to US Dollar (2:1) since 1978.
Features of a Belize International Business Company
- Exemption from taxation in Belize
- Confidential structure, no filing requirements with the authorities
- The Memorandum and Articles of Association are the only documents to be held on the public record
- The names of the shareholders and directors for offshore Belize are not a part of the public record
- Belize IBCs are permitted to open offshore bank accounts
- No annual public disclosure of directors or shareholders is required
- No requirement for an Annual General Meeting to be held in Belize
- Exempt from the payment of local taxes
- Low cost incorporation and annual renewal fees
- A registered agent and a registered office are required
- Shares may be issued with or without par value and in any currency
- No statutory accounting or audit records need be kept or filed in Belize
- Annual Government fee is only $100 when the authorised share capital is $50,000 or less
- The Belize IBC cannot derive any income from activities in Belize
Company Directors
- Directors may be of any nationality
- Only one director is required
- The names of directors do not appear on public record
Company Shareholders
- Shareholders may be of any nationality
- Only one shareholder is required, this can be the same person as the director
- The shareholder can be a person or a corporation
Company Name
- Your company name may be in any language
- A company name check can be carried out free of charge to see if a required name has already been registered
- We can reserve your IBC name for up to ten days
- Having submitted the name of your IBC to us, we obtain approval from the Belize Company Registrar