| Factor |
Description |
| Income tax in Belize |
None |
| Conduct business internationally |
Yes |
| Conduct business within Belize |
No |
| Formally considered as tax-resident in Belize |
No |
| Official language / language of documents |
English |
| Operational objects |
Anything that is not expressly prohibited by law |
| Minimum authorized capital |
No minimum required |
| Optimum authorized capital (minimum state duty) |
$ 50`000 |
| Minimum paid-up capital |
No minimum required |
| Capital currency |
Any. US dollar is standard. |
| Bearer shares |
Yes (but only held in custody by Agent in Belize) |
| Registered Agent in Belize |
Required |
| Registered Address in Belize |
Required |
| Minimum number of directors |
One |
| Non-resident directors |
Allowed |
| Corporate directors |
Allowed |
| Register of Directors |
To be kept by the Registered Agent |
| Register of Directors filed for public record |
No |
| Minimum number of Members (shareholders) |
One |
| Register of Members |
To be kept by the Registered Agent |
| Register of Members filed for public record |
No |
| Holding of Annual General Meeting |
Not mandatory |
| Convention of Meetings of Directors / Members |
Anywhere in the world, also by proxy |
| Corporate Seal |
Mandatory |
| Imprint of Corporate Seal |
To be kept by the Registered Agent |
| Corporate Minutes and Resolutions |
To be kept by the Registered Agent |
| Disclosure of beneficial owners to Registrar |
No |
| Disclosure of beneficial owners to Agent |
Yes (confidential due diligence) |
| Keeping of accounts |
Only if desired |
| Auditing of accounts |
Not required |
| Filing of accounts |
Not required |
| Double-tax avoidance treaties |
None |
| Currency controls / restrictions |
IBC is not subject to any currency controls |
| Available special types of company |
Limited Liability Partnership
Limited Life Company
Public Investment Company
|
| Redomicile a foreign company into Belize |
Yes |
| Redomicile a Belize company abroad |
Yes |
| Net time to incorporate |
1-4 days (plus delivery) |
| Ready-made (shelf) companies |
Available |
