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Belize International Business Company

01 July, 2010

A Belize IBC can be formed by filing an Articles of Association and a Memorandum of Association and submitting the required incorporation fees. The company will be incorporated under the International Business Company Act of 1990. Belize IBC companies are exempt from income tax, capital gains tax and transaction tax.

Features of a Belize IBC:

  • No minimum capital requirement
  • An IBC may issue bearer shares and shares of no par value providing bearer shares are held in the custody of a local registered agent
  • Subscribers may be individuals, corporations or trusts
  • A company may make use of nominee shareholders using local registered agents
  • At least one director must be registered to the company
  • No company secretary is required
  • The company must maintain a Registered Agent and a Local Registered Office using a licensed individual or company
  • Shareholders and directors need not file personal details on audits or accounting reports
  • No director or shareholder meetings are required
  • No IBC exchange controls

A Belize IBC is prohibited from the following:

  • Doing business with Belize residents
  • Purchasing property in Belize other than an office used to run the business
  • Starting a bank or insurance company, or providing registered agents for other companies

A Belize IBC can be used for the following:

  • To trade shares in international jurisdictions such as the United States
  • To collect commission or dividends
  • To own property outside Belize

The combination of a Belize IBC with a Belize Trust provides a powerful vehicle for holding assets that third parties cannot access.

Belize companies are fast to incorporate and can be setup within an hour. Speak to one of our agents for any further information or to order your Belize IBC company.