Belize International Business Company - IBC

Company Type	Time to Incorporate	Cost
IBC	2 days	£580

A Belize IBC is an offshore company which conducts its trading and business outside of Belize.

Key features of a Belize IBC:

The Belize legislation offers some of the most flexible features available today with very minimum requirements for incorporation. These include:

• Only one shareholder and one director are required, who may be corporate
• No company secretary is required
• Disclosure of the beneficial owners is not required
• Nominee shareholders and bearer shares are permitted
• Exempt from the payment of local taxes
• Shares may be issued with or without par value and in any currency
• No statutory accounting or audit records need be kept or filed in Belize
• No minimum paid-up capital requirements
• The share register may only be inspected by a shareholder
• Annual Government fee is only $100 when the authorised share capital is $50,000 or less

Restrictions on IBC activities:

At present an IBC may not:

• Carry on business with residents of Belize
• Own real estate in Belize
• Carry business as a bank or insurance/re-insurance company

Features of IBC's Incorporation

• Competitive prices for incorporation and annual fees for a Belize IBC
• The incorporation process for Belize Offshore companies will not take longer that 3 days
• A Belize offshore company is exempted from all taxes
• IBC standard share capital is US$50,000
• Standard share capital in excess of US$50,000, may be declared in exchange for a higher annual fee
• The names of the shareholders and directors for offshore Belize are not a part of the public record
• The bearer share is allowed for offshore Belize
• Minimum of one director and shareholder required for Belize incorporation
• To incorporate in Belize, the director(s) and the shareholder(s) can be a person or a company
• The director and the shareholder can be the same person
• There is no requirement to appoint a local or any secretary for Belize companies
• The first director of the company is appointed at the organisational meeting of the Belize corporation
• There is no requirements to file any accounts or to provide annual audits reports
• A registered agent and a registered office are required
• Annual fees are due to be paid by the 31st of July, starting from the second year of incorporation and each subsequent year thereafter
• The Belize IBC cannot derive any income from activities in Belize

The provisions of the IBC law in Belize are specifically designed to save costs 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.

Naming the IBC

One of the following suffixes from the list can be added to the company name to show that this is a limited liability company.

• Limited (Ltd)
• Corporation (Corp)
• Incorporation (Inc)
• Société Anonyme (SA)
• Sociedad Anónima (SA)

Nominee and Management Services

If required, we can also provide ongoing nominee and management services for an offshore company. As the beneficial owner of a managed company, the client retains ultimate control over the composition of the board of directors, which in turn manages the underlying assets. The main advantages of a managed company are confidentiality and tax planning. Worldwide assets may be registered in, or held to the order of the company, with your beneficial ownership of the shares of the company held strictly as a private matter through the use of nominees or trustees.

Once a company has been established it is important to manage it properly so as to maintain its corporate integrity. We can provide a full range of management services, such as the provision of directors, officers and nominee shareholders.