Belize International Business Company (IBC) Company Formation
Belize is a popular offshore jurisdiction because of the large number of privacy and tax advantages from which offshore companies incorporated there benefit. Incorporating an IBC in Belize provides extensive confidentiality for the beneficial owners as company registers are not available for public inspection, and shareholders enjoy exemption from all local taxes and duties, including income tax, capital gains tax and corporation tax.
Company names in Belize may be in any language but they must be unique and must end with Ltd, Corp or Inc. A name may be reserved for 10 days free of charge.
All Belize IBCs must have a registered agent who is a resident in Belize, and a registered office in Belize where all official company correspondence may be served. We can provide these as part of our Corporate Administration Package.
A Belize company only requires one person to act as a director. This person may be of any nationality and may be a corporate entity. Director Registers are kept confidential and are not available for public inspection.
Only one shareholder is required and this individual may also be the sole director. Shareholders may be of any nationality and they may be corporate entities. Shareholder Registers are also kept confidential, providing anonymity for company beneficiaries.
There is no minimum share capital.
Although all companies are required to maintain accurate accounting records, there is no filing or auditing requirement for a Belizean IBC.
Once all of the incorporation information has been received it takes only two days to incorporate an IBC in Belize.
Proof of Identity
As part of our due diligence we require proof of identity in the form of a passport copy for all directors and shareholders of the company.
Travelling to Belize is not required to incorporate an IBC.