Belize Company Formation
Caribbean seaboard of the Central America has hidden a beautiful country named Belize. Belize got independence from Britain in 1981 and since then it maintained the status of an independent democratic commonwealth country. Belize has the stable democratic government system and now with the inception of International Business Companies Act 1990, Belize is very popular among offshore aspirants. The reason behind popularity of Belize in offshore market is basically due to the derivation of its legislative system from the British Virgin Island.
The procedure to incorporate International Business Company is easy, cost effective and time efficient in Belize and not only this, but International Business Companies gets benefits of tax immunity as per IBC Act 1990. There are minimum filing requirements for IBCs in Belize and they shall not be questioned for currency control. However, there is the legal obligation due to the legislative changes which says that registered agents must retain the possessed bearer shares.
Following are the requirements for company incorporation in Belize:
Kindly have a look at the section of fee schedule for description of incorporation fee. However here is the summary of the fees structure:
Once your company incorporates, you will get; certificate of incorporation along with M & A five copies, and original formation documents and minutes.
It takes 1 to 2 weeks for company incorporation in Belize.
Offshore Bank Account
For the updated details on the facility of offshore bank account, please refer to the section of fee schedule.