Belize International Business Company

Belize is situated on the border of Central America, with the Mexican border on its North and the Guatemalan border on the West and South. Belize received its Independence since 1981 and has a population of approximately 250,000 of diverse ethnic backgrounds. Belize is known for its political and economic stability and its Legal System is based on English Common Law and local statute. The trading currency being Belize dollar which is pegged to the US dollar of a rate of BZ$2.00 to US$1.00. Spanish is widely spoken, though the national language remains to be English.

The International Business Company (IBC) is a tax-free and exchange control-free Limited Liability Company. It’s only catch is that all its profit-earning activities must be conducted outside of Belize. A foreign company also has the option to continue under the law of Belize as an IBC and would still have all the benefits provided by law.

Features of IBC's Incorporation

Competitive prices;
The incorporation process for Belize Offshore companies will not take longer that 3 working days;
A Belize offshore company is exempted from all taxes;
The Belize IBC cannot derive any income from activities in Belize;
IBC standard share capital is USD $50,000;
Mandatory requirement of registered agent and registered office;
The names of the shareholders and directors for offshore Belize are not available to public scrutiny;
The bearer share is permitted;
Minimum requirement of one director and shareholder;
The director(s) and the shareholder(s) can be an individual or a corporate body and can be one and same person;
There is no requirement to appoint a local or any secretary for Belize companies;
There is no requirements to file any accounts or to provide annual audits reports;
The register of shares has to be kept and up to date;
Annual fees are due to be paid by the 31st of July, starting from the second year of incorporation and each subsequent year thereafter;
Mandatory that suffixes be used after name of company- eg: "Limited", "Corporation", "Incorporation", "Societe Anonyme", "Sociedad Auonima", or abbreviations thereof "Ltd.", "Corp.", "Inc.", "S.A.", "AG".

Jurisdictions