| General Information |
| Jurisdiction |
Belize
|
| Type of Entity |
International Business Company (IBC)
|
| Type of Law |
Common Law
|
| Language of Legislation and Corporate Documents |
English
|
| Taxation of Foreign Profits |
None for offshore activities
|
| Double Taxation Agreements |
None
|
| Exchange Controls |
None
|
| Time to establish a new company |
2 days
|
| Shelf Companies Available |
Yes
|
| Corporate Names |
| Name Restrictions |
Names identical or similar, offensive words
|
| Endings and Abbreviations Required |
Limited, Corporation, Incorporated, Sociedad Anonima, or its abbreviations
|
| Reservation of Names Permitted |
Yes
|
| Language of Name |
Any language (some may require official translation)
|
| Name of Banks, Insurance, Investment Fund, Trust Company or their equivalents requiring consent or license |
Yes
|
| Capital and Shareholders |
| Currenty of Capital |
Any, but US$ normal
|
| Minimum Authorised/Paid-up Capital |
No minimum
|
| Usual Authorised Capital |
US$50,000
|
| Bearer Shares Permitted |
Yes (but with restricted mobility)
|
| Minimum Number of Shareholders |
One
|
| Local Shareholders Required |
No
|
| Corporate Shareholders Permitted |
Yes
|
| Disclosure of Shareholders |
No, No, but Share Register must be kept at Registered Office
|
| Directors and Officers |
| Minimum Number of Directors |
One
|
| Qualifications of Directors |
Legal Age
|
| Corporate Directors Permitted |
Yes
|
| Meetings |
| Annual General Meeting of Shareholders Required |
No
|
| Location of AGM |
Anywhere
|
| Adoption by Consent Permitted |
Yes
|
| Quorum required for purposes of meetings |
Memorandum and Articles of Incorporation
|
| Local Requirements |
| Qualified Registered Office |
Yes
|
| Qualified Registered Agent |
Yes
|
| Public Register of Shareholders |
No, No, but Share Register must be kept at Registered Office
|
| Public Register of Directors |
No, but Register must be kept at Registered Office
|
| Company Seal Required |
Yes
|
| Government Fee (Incorporation) |
$100 for capital upto $50,000 & $1,000 for $50,001
|
| Annual fees |
Annual renewal same as above
|
| Requirement to File Annual Returns |
No
|
| Requirement to Submit Annual Audited Accounts |
No
|
| Relevant Act |
| Main Law |
The International Business Companies Act, 1990 and 2000
|
