Belize Company Setup


Introduction

By virtue of the IBC Act 1990, International Business Companies are exempt from all taxation. The incorporation procedure of an IBC is extremely cost effective and speedy. An IBC in Belize has minimal filing requirements and is not subject to exchange or currency controls. Due to legislation changes, the Registered Agent in Belize or their intermediary must retain bearer shares.

 

Incorporating requirements

Directors

Minimum of 1 directors required, of which 0 must be residents.
Corporate directors are permitted.
Director's meetings are not required
There is not a public director's register
Other notes: none

Secretaries

Minimum of 0 secretaries required, who need not be residents.
Corporate secretaries are permitted.
There is not any requirement for secretaries to hold a professional qualification
Other notes: none

Shareholders

Minimum of 1 shareholders required
Corporate shareholders are permitted.
There is not a public shares register
Bearer shares are permitted.
No par value shares are permitted.
Usually the Authorised share capital is 50000 shares of USD1 each.


Miscellaneous

Where some or all of the shareholders are nominees, the ultimate beneficial ownership of the shares does not have to be declared to the authorities.
A registered agent is required.

 

Incorporation FeePlease see Our Fees Schedule

The package fee includes government fees, local secretary fees, local agency fees, registered office fees and our service fees, and have the following after incorporation: a) certificate of incorporation b) Original formation documents and minutes c) Five copies of M & A


Incorporation Time: 1-2 Weeks