Belize is situated in Central America. It gained its independence form Britain in 1981 and enjoys both a stable and democratic Government.

The Belize IBC offers a tax free company under the IBC Act 1990. The legislation itself is based largely on British Virgin Islands legislation.

General
Type of entity IBC
Type of law Common
Minimum government fee US$100
Corporate taxation Nil
Double tax treaties None
Name requirements Limited, Corporation, Incorporated, Societe Anonyme, Sociedad Anonima (or appropriate abbreviations)
Name restrictions Assurrance, Bank, Building Society
Chamber of Commerce, Chartered, Cooperative, Imperial, Insurance, Municipal, Royal
Change in Domicile permitted Yes
Share in capital or equivalent
Standard currency of share capital US$
Permitted currencies of capital Any
Minimum paid uip share capital US$1
Usual authorised share capital US$50,000
Directors or Managers
Minumum number of directors/managers One
Local directors required No
Government register/pubic record of directors/managers No
Location of directors/managers meetings Anywhere
Members
Minimum number of shareholders/members One
Government register/public record of shareholders/members No
Location of members meetings Anywhere
Company Secretary
Company secretary required No
Company secretary, local or qualified No

 

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