ºÝºÝߣ

ºÝºÝߣShare a Scribd company logo

Belize Offshore Incorporationsx

•
•
Amanda J Molyneux & Company Limited
Amanda J Molyneux & Company Limited

Belize offers flexible offshore incorporation through International Business Companies (IBCs). IBCs are exempt from taxes and provide confidentiality as shareholder names are not public record. Standard features of a Belize IBC include nominee services, no financial reporting requirements, and permission to keep company records outside of Belize. Belize IBCs also benefit from double taxation avoidance agreements with several countries.

1 of 3
Download to read offline
Belize Offshore Incorporations The only Commonwealth country in Central America, Belize is a modern offshore legislation providing maximum flexibility in tax and investment planning and global asset protection. A Belize International Business Company (IBC) is a limited liability company which must conduct its business and trading outside Belize. Therefore it is essentially intended for offshore activities. All IBC's are incorporated under the Belize International Companies Act and are therefore exempt from tax. They also provide extensive confidentiality. This means the names and addresses are not stored on public record. However each Belize IBC will need a registered office and registered agent in Belize. Benefits • Nominee Director services inclusive of fee. • Nominee Shareholder services inclusive of fee. • It is a requirement of Belize IBC Formation to have a registered agent and registered office in Belize - this is also included in the standard company. • The standard share capital for a Belize IBC is $50,000 USD. However, only one share of the share capital must be issued and paid up. Your company's share capital can be issued in any currency. • Your company does not have to keep records in Belize. If the company chooses to keep records, they can be kept anywhere in the world. • There is no requirement to file accounts or a financial statement. Uniqueness The legislation in Belize offers some of the most flexible features available today, with few incorporation requirements. These include: • No company secretary is required • Disclosure of the beneficial owners is not required • Nominee shareholders are permitted • Exempt from the payment of local taxes • Shares may be issued with or without par value and in any currency • No statutory accounting or audit records need be kept or filed in Belize • There are no minimum paid-up capital requirements • The share register may only be inspected by a shareholder Double Taxations Avoidance Agreements 1
Belize holds double taxation avoidance agreements with the United Kingdom, Sweden, Denmark and the countries of the Caribbean Community (CARICOM). Features of Belize Location Central America Belize is the only commonwealth county in Central America Time Zone GMT-6 Belize is 6 hours behind UK GMT International Business Yes Companies (IBCs) Trusts Yes Please apply for further information Offshore Banking Yes Authorised to open bank accounts Statutory description of Private Limited International Business Company (IBC) Company Governing Corporate Legislation Belize International Companies Act Time-scale for incorporation 7-10 working days Availability of ready-made companies No Regulations governing names of IBCs Limited, Corporation, Incorporation, Societe Anonyme, Sociedad Auonima, or abbreviations thereof Ltd., Corp., Inc., S.A., AG has to be used as a corporate suffix of the company Minimum & Maximum numbers of Minimum of one shareholder to shareholders incorporate, there is no maximum number of shareholders Statutory minimum paid-up capital The standard share capital for a Belize requirements IBC is $50,000 USD. However, only one share of the share capital must be issued and paid up. Your company's share capital can be issued in any currency Classes of shares Share capital can be divided into different classes. Bearer shares are not allowed. Annual Renewal costs £895.00 GB Residency requirement of shareholders Shareholder does not need to be Belize or shareholders meetings resident and may be an individual or a corporate entity Information published relating to shares There is no public record of and shareholders shareholders. Minimum and maximum number of Minimum of one Director to incorporate. Directors Nationality and residency requirements The Director does not need to be a of directors Belize citizen. 2
Requirement to file accounts None Requirement to keep a registered office The company must keep a registered in Belize office in Belize and a registered agent in Belize at all times To discuss your requirements in greater detail please kindly call us on +44 (0) 1305 853310 or send your email enquiry to sales@molybank.com. All advice given is free, in absolute confidence and without obligation. We look forward to being of assistance. Amanda J Molyneux & Company Limited Bolan House, Chalky Road, Broadmayne, Dorset DT2 8PJ +44 (0) 1305 853310 / +44 (0) 7719 755664 sales@molybank.com www.molybank.com 3

More Related Content

Belize Offshore Incorporationsx

  • 1. Belize Offshore Incorporations The only Commonwealth country in Central America, Belize is a modern offshore legislation providing maximum flexibility in tax and investment planning and global asset protection. A Belize International Business Company (IBC) is a limited liability company which must conduct its business and trading outside Belize. Therefore it is essentially intended for offshore activities. All IBC's are incorporated under the Belize International Companies Act and are therefore exempt from tax. They also provide extensive confidentiality. This means the names and addresses are not stored on public record. However each Belize IBC will need a registered office and registered agent in Belize. Benefits • Nominee Director services inclusive of fee. • Nominee Shareholder services inclusive of fee. • It is a requirement of Belize IBC Formation to have a registered agent and registered office in Belize - this is also included in the standard company. • The standard share capital for a Belize IBC is $50,000 USD. However, only one share of the share capital must be issued and paid up. Your company's share capital can be issued in any currency. • Your company does not have to keep records in Belize. If the company chooses to keep records, they can be kept anywhere in the world. • There is no requirement to file accounts or a financial statement. Uniqueness The legislation in Belize offers some of the most flexible features available today, with few incorporation requirements. These include: • No company secretary is required • Disclosure of the beneficial owners is not required • Nominee shareholders are permitted • Exempt from the payment of local taxes • Shares may be issued with or without par value and in any currency • No statutory accounting or audit records need be kept or filed in Belize • There are no minimum paid-up capital requirements • The share register may only be inspected by a shareholder Double Taxations Avoidance Agreements 1
  • 2. Belize holds double taxation avoidance agreements with the United Kingdom, Sweden, Denmark and the countries of the Caribbean Community (CARICOM). Features of Belize Location Central America Belize is the only commonwealth county in Central America Time Zone GMT-6 Belize is 6 hours behind UK GMT International Business Yes Companies (IBCs) Trusts Yes Please apply for further information Offshore Banking Yes Authorised to open bank accounts Statutory description of Private Limited International Business Company (IBC) Company Governing Corporate Legislation Belize International Companies Act Time-scale for incorporation 7-10 working days Availability of ready-made companies No Regulations governing names of IBCs Limited, Corporation, Incorporation, Societe Anonyme, Sociedad Auonima, or abbreviations thereof Ltd., Corp., Inc., S.A., AG has to be used as a corporate suffix of the company Minimum & Maximum numbers of Minimum of one shareholder to shareholders incorporate, there is no maximum number of shareholders Statutory minimum paid-up capital The standard share capital for a Belize requirements IBC is $50,000 USD. However, only one share of the share capital must be issued and paid up. Your company's share capital can be issued in any currency Classes of shares Share capital can be divided into different classes. Bearer shares are not allowed. Annual Renewal costs £895.00 GB Residency requirement of shareholders Shareholder does not need to be Belize or shareholders meetings resident and may be an individual or a corporate entity Information published relating to shares There is no public record of and shareholders shareholders. Minimum and maximum number of Minimum of one Director to incorporate. Directors Nationality and residency requirements The Director does not need to be a of directors Belize citizen. 2
  • 3. Requirement to file accounts None Requirement to keep a registered office The company must keep a registered in Belize office in Belize and a registered agent in Belize at all times To discuss your requirements in greater detail please kindly call us on +44 (0) 1305 853310 or send your email enquiry to sales@molybank.com. All advice given is free, in absolute confidence and without obligation. We look forward to being of assistance. Amanda J Molyneux & Company Limited Bolan House, Chalky Road, Broadmayne, Dorset DT2 8PJ +44 (0) 1305 853310 / +44 (0) 7719 755664 sales@molybank.com www.molybank.com 3