Type of Company - International Business Company (IBC)
Legislation - Common Law
Company name - Non-English names are allowed
Time-scale for incorporation - within 3 days
Change in domicile is permitted
Double tax treaties – with UK, Sweden, Denmark and countries of the Caribbean Community
Shelf companies are available
Taxation on profits - Nil
Local Requirements
Registered Office and Registered Agent must be maintained
Company Secretary is not required but advisable
Local secretary is not required
Local directors are not required
Public recording of shareholders and directors is not required
Corporate Requirements
Minimum number of shareholders - One (1). Corporate bodies are permitted
Minimum number of directors - One (1). Corporate bodies are permitted
Minimum capital requirement – None
Standard AuthorisedCapital - US$50,000
Bearer shares are permitted. Beneficial owner information is placed in custody in Belize by a licensed professional intermediary
Annual Requirements
Annual return and annual statutory meetings are not required
Accounts are not required for public filing, but a company is required to keep financial records that reflect its financial position
Statutory accounting is not required
Annual government license fee or annual indirect tax of US$100 per annum for companies with authorized capital not exceeding US$50,000 and US$1,000 for companies with higher authorized capital
