Belize is located on the north eastern coast of Central America bordered to the north by Mexico, south and west by Guatemala and to the east by Caribbean Sea. Belize is a well-developed offshore financial centre offering quality services like International Business Companies (IBCs), Belize Trusts and Foundations.
The Belize IBC Act was introduced in 1990 to implement competitive offshore legislation for Belize IBC’s which was subsequently amended to reflect the changes required to provide efficient Belize offshore services. According to the Belize IBC Act of 1990, Belize offshore companies are exempted from all taxes and stamp duties.
The business setup documents of a Belize company do not carry the name or identity of any shareholder or director which is a principal of Belize IBC. The names or identities of these persons do not appear in any public record.
The time taken to complete the incorporation of a Belize IBC is 3 to 5 working days. The shareholder(s) and director(s) of the company can be a natural person or a corporate body.
A minimum of one shareholder & Director is required. Nominee shareholders and directors are permitted.
Standard authorized share capital is US$50,000. Bearer shares are permitted. Bearer shares will be subject to diligence obligations&anti- money laundering.