Jurisdictions >> Belize IBC >> Belize Corporation

Belize IBC. Belize Company Formation.

Worldwide Incorporation Services specializes in Belize Company Registration (IBC) and opening offshore bank accounts.

Belize Shelf Companies

This is a list of Belize ready-made companies available as of today.

Belize – General Information

Location: Central America, bordering the Caribbean Sea, between Guatemala and Mexico.
Area: total: 22,966 sq km ; land: 22,806 sq km ; water: 160 sq km.
Natural resources: Arable land potential, timber, fish, hydropower.
Population: 360,346 (July 2017 est.).
Capital: Belmopan 23,000 (2018).
Time Zone: CST (UTC−6).
Languages: English (official), Spanish, Creole, Maya.
Government type: Parliamentary democracy (National Assembly) under a constitutional monarchy; a Commonwealth realm.
Legal system: English common law.
International organization participation: ACP, AOSIS, C, Caricom, CD, CDB, CELAC, FAO, G-77, IADB, IAEA, IBRD, ICAO, ICC (NGOs), ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM, ITU, LAES, MIGA, NAM, OAS, OPANAL, OPCW, PCA, Petrocaribe, SICA, UN, UNCTAD, UNESCO, UNIDO, UPU, WCO, WHO, WIPO, WMO, WTO.
Economy: Tourism is the number one foreign exchange earner in this small economy, followed by exports of sugar, bananas, citrus, marine products, and crude oil.
Currency: Belizean dollar (BZD).

Belize Offshore Company – Advantages

Belize is an ideal financial location for individuals and corporations seeking to gain tax advantages with confidentiality. A Belize offshore company can be used for asset protection, estate planning, tax mitigation and privacy. The most direct path toward attaining these advantages is by the formation of an international business company, commonly referred to as a Belize IBC.

Key Benefits of Belize IBC

Exemption from all local taxes and stamp duty
Maximum confidentiality and anonymity
Ease of operation, maintenance and control
Asset security
No disclosure or minimum capital requirements
The minimum number of directors is one
The minimum number of shareholders is one
A minimum of one director is required
Corporate directors and shareholders are permitted
Incorporations within two or three days
Excellent and flexible post-incorporation follow-up services
No statutory requirement to hold annual general meetings
Highly competitive fees and costs

Belize Company Formation – Legislation

Principal Corporate Legislation

IBC Act 1990 as amended.

Type of Law

Common.

Language of Legislation and Corporate Documents

English.

Type of Entity for International Trade, Investment & Tax Planning

Belize IBC (International Business Company)

Belize Offshore Company – Key Facts

Share Capital

Standard authorised share capital is US$50,000. Minimum paid up share capital is US$1.

Classes of Share Available

Registered shares, shares of no par value, bearer shares, preference shares, redeemable shares and shares with or without voting rights.

Bearer Shares

Permitted.

Restrictions on Trading

Cannot trade within Belize. Banking, insurance, assurance, reinsurance, fund management, collective investment schemes, trust management, trusteeship business provision are not permitted.

Registered Agent Required

Yes.

Registered Office Required

Yes, must be maintained in Belize.

Directors

The minimum number of directors is one. Director can be of any nationality and need not be resident in Belize. Corporate directors are permitted.

Shareholders

The minimum number of shareholders is one.

Publicly Accessible Records

No.

Nominee Shareholders and Nominee Directors

Allowed.

Location of Meetings of Directors and Shareholders

Anywhere.

Personal Presence Required

No.

Taxation

Nil.

Double Taxation Treaty Access

None.

Requirements to File Accounts

None.

Requirement to File Annual Return

None.

Audit Requirements

None.

Currency

Belizian Dollar (BZD).

Exchange Control

None.

Name of an Belize IBC

Language of Name

English.

Restricted Words

Words such as “Assurance”, “Bank”, “Building Society”, “Royal”, “Trust”, “Trustee” etc. will require justification.

Name of a Company

The words “Limited”, “Corporation”, “Incorporated”, “Societe Anonyme”, “Sociedad Anonima” or Ltd, Corp., Inc., S.A. must be part of the name of every IBC.

Time to Incorporate

Two days.

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