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2017.09.22
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OFFSHORE COMPANY FORMATION
Belize - IBC
This little known small country in Central America offers truly excellent opportunities for the formation of IBC-type companies. Thanks to more than two decades of stability it is one of the most popular jurisdictions, among LAVECO clients, too.
 
Status Parliamentary democracy
Area, sq.km: 22,966
Population: 333,200 
Capital: Belmopan
Business language: English
Currency: Belize dollar (BZD)
Location: on the Caribbean coast of northern Central America
Map
Time zone: GMT -7

 

INCORPORATION DATASHEET

Method of incorporation / registration:

The Memorandum and Articles of Association must be signed by the subscriber. The subscriber must be a local person licensed for the purpose.
Company legal form: Private Limited Company by shares
Company status: International Business Company (I.B.C.).
Source of corporate legislation: Common Law - International Business Companies Act, 1990.
Possible suffixes to company name: Ltd., Limited, Incorporated, Inc., S.A., Corp., Corporation.
Restrictions on company name: The terms Bank, Imperial, Insurance, Chamber of Commerce, Trust, Trustee and Royal may not appear in the company name.
Time required for incorporation: 2-3 weeks.
Number of directors: Minimum 1 of any nationality.
Number of shareholders: Minimum 1.
Capitalisation: No minimum.
Accounting / reporting requirements: Accounts not required, but documents of transactions must be kept.
Type of shares: Bearer and registered. Bearer share certificates must be kept by the registered agent in Belize.
Annual tax and duties: Minimum 100 USD if the authorized capital is less than 50 000 USD
Information publicly available: Registered office and registered agent.
Disclosure of beneficiaries: Not required.
Registered office: Local registered office is required by law.
Registered secretary / agent: Local registered agent is required by law.
Double tax treaty: Belizean IBCs are not subject to DTTs.
Related news:
Belize took over its offshore registries    17.06.2013
Special offers on the LAVECO website extended    01.06.2013
Twelve New Signatories To OECD Multilateral Convention    30.05.2013
No Tax Changes For Belize In 2013-14 Budget    06.03.2013
Changes in the laws in Belize    07.01.2013
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