A Belize International Business Company (IBC) is an offshore company which conducts its trading and business outside Belize. Belize's legislation also allows an IBC to carry on a number of activities within Belize. Additionally, Belize's modern and up to date offshore legislation provides for maximum flexibility in tax and investment planning. An investor can realize infinite possibilities with a Belize IBC.
A Belize IBC can carry on the following activities within Belize
make or maintain deposits with local banks in Belize;
prepare or maintain books and records within Belize;
hold meetings of its directors or members within Belize;
lease property for use as an office in Belize;
own a vessel(s) registered in Belize in accordance with the Registration of Merchant Ships Act, 1989;
hold shares in another Belize IBC;
and under special license conduct banking, insurance or reinsurance business, act as an insurance agent or broker, or carry on collective investment schemes.
Competitive Advantages of having a Belize IBC Taxation
A Belize IBC is exempt from...
the payment of all forms of local taxation, including income tax, taxes on dividends or other distributions, interest, rent, royalties, compensations or capital gains when payments are remitted to non-residents;
the payment of stamp duties for transactions in respect of its shares, debt obligations or other securities;
the payment of stamp duties with respect to all instruments relating in any way to its assets or activities;
the payment of stamp duties in respect of any property transfers.
Exchange Control
A Belize IBC is not subject to exchange control regulations.
Security and Confidentiality With a Belize IBC...
disclosure of the beneficial owner(s) is not required;
share register may be inspected only by a shareholder;
assets are protected from confiscation or expropriation orders or similar actions by foreign governments.
Filing Requirements With a Belize IBC...
only the Memorandum and Articles are required for public records;
the registration and de-registration of Registers of Directors, Members, and Mortgages and Charges are optional.
Cost Savings With a Belize IBC...
no minimum capital is required;
no audit of accounts is required;
no filing of annual returns is required;
only one shareholder and one director are required, who may be corporate;
no company secretary is required;
no annual general meeting is required;
meetings may be held outside of Belize and may be by telephone or other electronic means;
shares may be issued in any currency.
Incorporation With a Belize IBC...
redomiciliation into and out of Belize is permitted;
registration in any foreign language is permitted.
In addition, Belize's legislation facilitates speedy and simple incorporation, and its modern and computerized IBC Registry is capable of incorporating a company within a day.
Offshore Companies (IBCs)
Our dedicated professional staff makes setting up a Belize IBC easy. Our professionals are unsurpassed for support, flexibility and cost effectiveness. Many investors have experienced success with Belize IBCs.
Our services include:
offshore company formation and administration;
provision of registered agent;
provision of registered office;
provision of corporate seal;
keeping of statutory books;
mail forwarding;
facilitating the establishment US $ accounts and fixed term deposit accounts;
facilitating access to globally accepted credit cards;
facilitating other international banking services that may be required;
For more information on our IBC services, please contact us at the following address:
Global Formations and Management Limited Jasmine Court, Suite 201 35A Regent Street P.O. Box 756 Belize City, Belize Tel: +501-227-3291 Fax: +501-227-6072 E-mail: info@globalformations.com Contact Persons: Lisa Zayden
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