Belize - IBC Benefits

The provisions of the IBC law in Belize are specifically designed to save costs. This is accomplished firstly by ensuring that the registration fee is the most competitive in the offshore world. Secondly, by ensuring that the costs of maintaining your IBC are kept to a minimum. Here's how this is accomplished:

• No minimum capital requirement.
• No requirement for audited accounts.
• No need for annual returns.
• No requirements for a local director or secretary..
• No requirement for an Annual General Meeting. Directors can participate in a meeting anywhere in the world.

Confidentiality Factors

• The share register kept by the company may only be inspected by a shareholder.
• There is no restriction on nominee shareholders.
• Bearer shares may be issued.
• No filing of accounts or annual returns.
• No public filing requirements except Memorandum and Articles of Association.

Special Features

Mindful of the need for flexibility to enable our investors to respond to new investment opportunities as they arise, Belize added the following special features to its law:

• Only one shareholder required.
• Only one Director required which may be a company.
• Shares may be denominated in any currency and may be bearer or registered shares, voting and non-voting, with or without par value.
• Your IBC will be able to purchase its own shares and redeem its own shares.