Belize

Principal Corporate Legislation International Business Companies' Act 1990
Type of Company for International Trade, Investment & Tax Planning International Business Company (IBC)
Authorized business activities All activities are allowed by law
Banking, trusts, insurance - subject to special license
Prohibited activities Transactions with Belize residents as well as ownership of real estate in country's territory.
Language of Legislation and Corporate Documents English
Taxation No tax and duties
Standard share capital 50 000 USD, divided into 50 000 shares with par value 1 USD
Shares Authorized emission of both registered and bearer shares with or without par value
Shareholders The minimum number of shareholders is one - individual or legal entity or bearers' shares
Publicly Accessible Records No
Directors One individual or legal entity
Registered office Required on the territory of Belize
Registered agent Required on the territory of Belize
Location of Meetings of Directors and Shareholders At any part of world
Mandatory  
- keeping of accounting records No requirement
- annual account No requirement
- presentation of auditor's conclusion No requirement
Double Taxation Treaty Access None
Currency control No
Incorporation timeframe 2 weeks
Shelf Companies Yes