Europe Emirates Group can help you start your business in Belize
Company formation for an International Business Company (IBC) takes just 48 hours and is tax-free. The country is also known for its corporate confidentiality commitment. There is no requirement for directors or shareholders to publicly announce any relevant information or corporate reporting, apart from publication of the Memorandum and Articles of Association. Only share holders are allowed to inspect share registers.
IBCs do not need to have:
- Paid-up capital
- Be audited
- Pay local/national taxes
- Maintain a secretary or hold company meetings
Belize company registration should be renewed annually on 2 January. Incorporation fees are applicable and the company should keep its registration current in order to be able to obtain relevant documents and services from the registrar.
To form an IBC, companies are required to provide a name, director and shareholder details along with their address. Director and shareholder can be one and the same, and only one shareholder is required (and may also be a corporation). Directors can be overseas residents. Once the company provides the corporate Memorandum and Articles of Association, and the process is completed, the registrar will issue a Certificate of Incorporation.
- Tax-free business environment
- Zero currency restrictions
- Zero paid-up capital requirement
- No auditing
- No corporate secretary requirement nor registered office requirement
- Director can be non-resident