![]() |
||
| Company Type | Time to Incorporate | Cost |
|---|---|---|
| IBC | 2 days | £580 |
Belize is situated in Central America. English is the official language and Spanish is widely spoken.
A Belize IBC is not subject to exchange control regulations. However all its profit earning activities must be conducted outside Belize.
One of the most important features why Belize is so attractive is confidentiality. A company may choose to have nominee directors or nominee shareholders. However, the only document presented for public filing at the registry is the Memorandum and Articles of Incorporation. There is no requirement for public disclosure or annual filing of accounts under the act.
There are no minimum capital requirements, no need for audited accounts, no annual returns, no requirement for a local director or secretary and no requirement for an annual general meeting, the costs of maintaining a Belize IBC are kept to a minimum. The IBC Registry in Belize allows incorporations shares in any currency.
Another feature that makes a Belize IBC attractive is its flexibility. Only one director and one shareholder are necessary and it may have bearer shares or registered shares, voting or non-voting shares. The authorised share capital may or may not have a par value. The IBC may conduct any business that is not prohibited under the laws of Belize save and except for banking, insurance, trust management and collective investments, which require a license. The IBC may also purchase its own shares and redeem its own shares.
Although the Belize IBC must conduct all its profit earning activities outside Belize, it may lease an office in Belize, obtain the services of Belize professionals and trust companies, keep its company records and hold meetings in Belize, operate an account with a local Banking institution, hold shares in another Belize IBC and own vessels registered in Belize.
| Timescale | Cost |
| 2 days | £580 |