Belize IBC Features

An IBC is formed by filing Articles and Memorandum of Association as well as the fees. The main features of a Belize IBC are as follows:

  • competitive incorporation prices and annual fees;
  • Belize Offshore companies are incorporated in max 3 working days;
  • exemption from all taxes;
  • no minimum paid up capital requirement, capital in any currency;
  • IBC standard share capital - USD 50 000;
  • standard share capital in excess of USD 50 000 may be declared in exchange for a higher annual fee;
  • a Belize IBC may issue bearer shares and shares of no par value; bearer shares must be held in the custody of a local registered agent;
  • subscribers may be individuals, corporations or Trust;
  • the names of the shareholders and directors are not available on the public file;
  • a minimum of one director, either an individual or a corporation;
  • a minimum of one shareholder, either an individual or a corporation;
  • the director and the shareholder can be the same person;
  • nominee shareholders can be local licensed registered agents;
  • a secretary is not required;
  • a company must maintain a Registered Agent and a Local Registered Office using either licensed individuals or companies; these are the only details available on the public file;
  • no requirements for an IBC to file details about shareholders or directors or for the filing of audits or accounting reports;
  • no meetings of directors or members required;
  • no exchange controls for an IBC;
  • a foreign company may re-domicile as a Belizean IBC and vice versa;
  • annual fees are to be paid by July 31, starting from the 2nd year of incorporation and each subsequent year thereafter;
  • the words "Limited", "Corporation", "Incorporation", "Societe Anonyme", "Sociedad Anonima", or abbreviations "Ltd.", "Corp.", "Inc.", "S.A.", "AG" have to be used as a corporate suffix of the company.