Belize International Business Company

A Belize International Business Company has the following characteristics:

1. Shareholders:
   A minimum of one shareholder is required for a Belize International Business Company.
   No details of the shareholders appear on the public file but a register of shareholders must be kept at the registered office address of the International Business Company in Belize. Corporate shareholders are permitted.
2. Directors:
   A minimum of one director is required for a Belize International Business Company and corporate directors are permitted. Details of the directors do not appear on the public file.
3. Officers/Secretary:
   A company secretary is not a requirement under the Act, but a secretary is normally appointed to facilitate signing obligations of a Belize International Business Company.
4. Restrictions on Name and Activity:
   Names of a Belize International Business Company must end with one of the following words, or abbreviations thereof – Limited, Corporation, Incorporated, Societe Anonyme or Sociedad Anonima, Aktiengesellschaf.
   The following words and their associated activities, cannot be used: Assurance, Bank, Building Society, Chamber of Commerce, Chartered, Co-operative, Fund, Imperial, Insurance, Municipal, Mutual Fund, Royal and Trust.
5. Local Requirements:
   As a matter of local company law the Belize International Business Company MUST maintain a registered office address within Belize and must also appoint a Belize resident as registered agent. We would generally provide these services as part of the domiciliary service fee.
6. Timescale in Setting Up a Belize International Business Company:
   Incorporation of a Belize International Business Company can be achieved within 24 hours. However, it does take approximately 1 week for legalization of documents in Belize. We do keep ready-made companies in stock available for immediate purchase.
7. Annual Reporting:
   Belize International Business Companies are obliged to prepare but not file any financial accounts. Only such records must be kept as Directors deem necessary in order to adequately keep track of the Company’s transactions, for the information purposes of its owners and management. Financial records do not have to be kept in Belize and the location for keeping such records can be determined by the owners of the Belize International Business Company.
8. Taxation of a Belize International Business Company:
   A Belize International Business Company is not subject to any tax or duty on income or profits. Belize cos are non-resident companies and hence not entitled to tax residency certificate and also can not avail benefits under any Double Tax Avoidance Agreements.
9. Confidentiality:
   Confidentiality is one of the key benefits of the Belize International Business Company. At registration, no information whatsoever is filed on the public record on the company beneficial owners, directors and shareholders. This information remains only known to the licensed Registered Agent, who is bound by the law to keep it completely confidential.
   The only documents of the Belize International Business Company held on public records are the Memorandum and the Articles of Association.