Asset Protection Services International, SRL

"Protecting Your World"

Belize
International Business Company (IBC)

  • Privacy Rights
    Common Law
  • Worldwide Tax
    0%
  • Government Fees
    $100 (USD)
  • Registration Time
    1 Business Day
A Belize International Business Company (IBC) is a tax-free company designed to engage in international business transactions with strict owner privacy laws, minimal record keeping and no reporting requirements. Since the introduction of the Belize International Business Companies Act in 1990 (Amended in 2000), tens of thousands of IBC's have been formed and registered. Belize is heavily invested into its incorporation services industry with a modern computerized IBC Registry capable of processing a company registration within an hour.

An International Business Company is suited for management consultants, network engineers, software developers, professionals who tend to travel between various countries on short-term assignments, internet based businesses, international commodity trading, investors and financial transaction businesses. A Belize IBC may be used as a personal asset protection vehicle to passively hold property and investments.

All
Enter the category for this item: Capital and Confidentiality
Enter the name for this tabbed section: Authorized Capital
Authorized capital is a notional amount of capital that the company is allowed to draw from its shareholders in consideration for the company shares. Any amount of authorized capital, as determined by the beneficial owners, may be stated in the company formation documents. There are no mandatory time frames as to when such capital must be paid up by the shareholders.
Enter the name for this tabbed section: Paid Up Capital
A Belize IBC is not required to have any minimum paid-up capital in order to initiate business operations.
Enter the name for this tabbed section: Confidentiality and Privacy
In 1996, the United States of America tried to pressure the sovereign nation of Belize into signing the Mutual Legal Assistance Treaty (MLAT). Belize refused as such a treaty would allow for the exchange of confidential information, such as bank records and other sensitive information, based on a broad range of requests including tax investigations.

Belize did sign a limited Legal Assistance Treaty with the U.S. where client information would only be disclosed under internationally recognized grievous crimes such as drug trading, terrorism and human trafficking. At the time, Belize was wrongfully accused of harboring money-launderers and was "blacklisted" by the United States of America, suffering unjust restrictions of foreign aid, world political isolation and an economic crisis.

Belize would not give in to such tactics and by upholding their commitments to the banking "know your client" regulations, Belize was eventually exonerated. By standing their ground to the world's super-power, Belize has emerged as a credible and secure offshore asset protection and tax haven.
Enter the name for this tabbed section: Confiscation Provisions
Where any foreign government authority, by way of nationalism, expropriation, confiscation, force or duress or similar action; or by imposition of any confiscatory tax, assessment, or other governmental charge, takes or seizes any shares or other interest in a Belize IBC, the company may apply to the Court in Belize for a court decision ordering the company to disregard the attempted seizure and continue to respect the rights of the shareholders of the Belize IBC.
Enter the category for this item: Features of Company
Enter the name for this tabbed section: Belize - International Business Company

Belize

Company Laws


Official Document Language

Conduct Business Internationally

Conduct Business in Belize

Resident Agent Required

Registered Office Required

Resident Secretary Required

Company Taxation

Double Taxation Avoidance Agreements

Company Tax Resident Qualification

Income Tax and Business Tax

Detailed Client Application Required

Minimum Shareholders

Company Shareholders Allowed

Residency of Shareholders Allowed

Register of Shareholders

Register of Shareholders Public Record

Bearer Shares Permitted

Minimum Directors

Company Directors Allowed

Residency of Directors Allowed

Register of Directors

Register of Directors Public Record

Disclosure of Beneficial Owners to Registered Agent

Disclosure of Beneficial Owners with Registrar

Annual General Meeting Required

Shareholders / Directors Meeting Required

Company Minutes and Resolutions

Company Seal Required

Minimum Paid Up Capital Required

Maximum Authorized Capital Investment

Capital Considerations

Subject to Currency Controls and Restrictions

Application Fees

Annual Government Fees



Keeping of Accounts Required

Filing of Accounts and Returns Required

Annual Government Return Filing Fees

Auditing of Accounts Required

Re-Domicile from a Foreign Country

Re-Domicile to a Foreign Country

Shelf Companies Available

Incorporation Time

International Business Company (IBC)

International Business Companies Amended Act, 2000
Download (75)

English

Yes

No

Yes

Yes

No

0 % of Worldwide Income

No

No

No

No

1

Yes

Any Nationality

In Private Possession of Registered Agent

No

Yes
(Only in Private of Possession of Registered Agent)

1

Yes

Any Nationality

In Private Possession of Registered Agent

No

Yes
(Due Diligence Requirements)

No

No

Yes
(Anywhere in the World or by Proxy)

In Private Possession of Registered Agent

Yes

No

Unlimited
(Fees Apply in Excess of 50,000 Shares)

Any Currency or in Kind

No

No

$100
(Under $50,000 Authorized Capital)
$1,000
(Over $50,000 Authorized Capital)
$350
(Issuance of Any No Par Value Stock)

No

No

No

No

Yes

Yes

Yes

1 Business Day
Enter the category for this item: Financial
Enter the name for this tabbed section: Financial Reporting
A Belize International Business Company is not required to prepare or file any financial accounts. A Belize IBC is free to arrange its business accounts in any manner fitting to establish and maintain reasonable accuracy of the company's financial position.
Enter the name for this tabbed section: Government Licensing Fees
The annual government licensing fees in Belize are $100 provided the authorized capital is under $50,000. If the authorized capital exceeds $50,000 then the annual government licensing fee is $1,000. Should any "no par value" stocks be issued the annual government licensing fee is $350.

Country

Anguilla

Bahamas

Belize


British Virgin Islands


Cayman Islands

Cook Islands

Dominica

Hong Kong


Nevis

Panama

Republic of Seychelles

Samoa

St. Vincent

United States (Nevada)

Maximum Authorized Capital (USD)

$50,000

$50,000

$50,000
(Fees in Excess of 50,000 Shares)


Unlimited
(Fees in Excess of 50,000 Shares)

$50,000

$5,000

$100,000

Unlimited
(Fees in Excess of 50,000 Shares)

$100,000

$10,000

Unlimited

$1,000,0
00

$100,000

Unlimited

Annual Licensing Fee

$230

$350

$100


$350


$600

$300

$150

$315


$220

$300

$100

$300

$100


$325

Enter the category for this item: Names and Rules
Enter the name for this tabbed section: Name Endings
AG
Aktiengesellschaft
AS
Sociedad Anomina
Corp
Corporation
Inc
Incorporated
Ltd
Limited
SA
Société Anonyme
Enter the name for this tabbed section: Name Restrictions
In general, a Belize IBC name may not be similar or identical to an existing company, a name which constitutes a criminal offense, is offensive, contrary to the public interest or implies royal or governmental patronage. (Belize IBC Act, 2000 / Part II - Constitution of Companies / Section 11 - Name)
Enter the name for this tabbed section: Rules of Operation

Belize International Business Companies Act, 2000
Part II - Constitution of Companies
Section 5(1)


(1) For the purposes of this Act, an International Business Company is a company that does not -

(a) carry on business with persons resident in Belize;

(b) own an interest in real property situate in Belize, other than a lease referred to in paragraph (e) of subsection (2);

(c) carry on a banking business unless it is licensed under an enactment authorizing it to carry on such business;

(d) carry on business as an insurance or a reinsurance company, insurance agent or insurance broker, unless it is licensed under an enactment authorizing it carry on such business;

(e) carry on the business of providing the registered office for companies,

(f) carry on trust business, unless it is licensed under an enactment authorizing it carry on such business;

(g) carry on collective investment schemes, unless it is licensed under an enactment authorizing it carry on such business;

(h) hold shares, stock, debt obligations or other securities in a company incorporated under the Companies Act or under any enactment amending or substituting the said Act;

(i) subject to subsection (4) below, issue its shares, stock, debt obligations or other securities to any person resident in Belize or to any company incorporated under the Companies Act or under any enactment amending or substituting the said Act.

Enter the category for this item: Shares and Structuring and Taxes
Enter the name for this tabbed section: Shares
A Belize IBC may issue registered shares or bearer shares. Company shares may be designated as:

1.) Voting

2.) Non-Voting

3.) Common

4.) Preferred

5.) Redeemable

6.) Unnumbered

7.) No Par Value

8.) Shares having more or less than one vote per share

9.) Shares that may be voted only when held by persons who meet specified requirements

10.) Shares that entitle participation only on certain assets

11.) Shares that may be voted only on certain matters

12.) Shares that may be voted only upon the occurrence of certain events
Enter the name for this tabbed section: Bearer Shares
Bearer shares must remain in the private physical possession of a licensed Registered Agent in Belize.
Enter the name for this tabbed section: Structuring
A Belize International Business Company has an independent legal personality and possesses the same powers as a natural person. A Company shareholder and director may be the same person and apart from the director, no other officers need be appointed. A current register (complete contact information) of shareholders and directors must be kept at the office of the local Belize resident agent.
Enter the name for this tabbed section: Tax on Worldwide Income
By legal definition, a Belize IBC and its shareholders are not subject to any tax derived from any income on all dividends, distributions, interest, rent, royalties, compensations, transfers of property, transactions of shares, debt obligations and other securities by persons who are not residents of Belize.

Belize International Business Companies Act, 1990
Part XII - Exemptions from Tax
Exemptions from tax, etc.


(1) Notwithstanding any provision of the Income and Business Tax Act, but subject to the provisions of this section -

(a) all income of a company incorporated under this Act . . .

Enter the name for this tabbed section: International Business Company

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Due Diligence
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$ 1,200

  • Stacks Image 277
    Complete Formation

    Green Checkmark Button Name Availability Search
    Green Checkmark Button Statutory Due Diligence for Up to Two Persons
    Green Checkmark Button Filing with the Registry
    Green Checkmark Button Government Licensing Fees ($100)
    Green Checkmark Button Original Certificate of Incorporation
    Green Checkmark Button Memorandum of Association (Registry Stamped)
    Green Checkmark Button Articles of Association (Registry Stamped)
    Green Checkmark Button Resolution for the Appointment of the First Director
    Green Checkmark Button Resolution for the Allocation of Shares
    Green Checkmark Button Up to Five Share Certificates Provided
    Green Checkmark Button Resident Agent
    Green Checkmark Button Registered Office
    Green Checkmark Button Safekeeping of Registers and Accounts
    Green Checkmark Button One Year of Customer Support
    Green Checkmark Button Annual Business Review
    Green Checkmark Button Incorporation Time is 1 Business Day
Enter the name for this tabbed section: Annual Renewals

$ 725

  • Stacks Image 457
    Annual Renewals

    Green Checkmark Button Statutory Due Diligence for Up to Two Persons
    Green Checkmark Button Filing with the Registry
    Green Checkmark Button Government Licensing Fees ($100)
    Green Checkmark Button Resident Agent
    Green Checkmark Button Registered Office
    Green Checkmark Button Safekeeping of Registers and Accounts
    Green Checkmark Button One Year of Customer Support
    Green Checkmark Button Annual Business Review


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