Information About the Company

Company type: International Business Company (IBC)

Incorporation procedure: Registered Agent delivers the Memorandum of Association and Articles of Association to the Registry together with the appropriate fee.

Incorporation time: One day.

Restrictions on trading: Companies can not trade within Belize or own real estate there; also companies can not undertake the business of banking, insurance, assurance or reinsurance.

Powers of company: A Company incorporated in Belize has the same powers as a natural person.

Registered office required: Yes, and it must be maintained in Belize at the address of a licensed management company.

Disclosure of beneficial ownership to authorities: No.

Shelf companies: Available.

Authorized and Issued Share Capital: The normal authorised share capital is US$ 50,000 divided into shares with or without par value. Share capital may be expressed in any currency. Minimum issued capital may be one share of no par value or one share of par value.

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

Bearer Shares: Available, however the companies incorporated with bearer shares, are required to keep  share certificates in Belize at the registered office.

Licence Fees: For companies with an authorised capital up to US$ 50,000 the amount of licence fee makes US$ 100 per year. For companies with an authorised capital over US$ 50,001 the amount of licence fee is US$ 1,000 per year. Companies which have some or all of their shares with no par value, pay the amount of US$ 350 per year.

Financial Statement Requirements: There is no requirement to file audited accounts with the authorities, however a company must keep financial records reflecting the financial position of a company.

Taxation: An International Business Company does not pay any tax on its world-wide profits to Belize authorities.

Double Tax Treaties: Belize is not a party to any double taxation agreements.

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