Belize International Business Company
(IBC)

As a licensed registered agent in Belize, we specialize in assisting with the incorporation of Belize International Business Companies (IBCs). Our services are designed to make the process of setting up an IBC in Belize smooth and efficient.

A Belize International Business Company is an attractive option for individuals and businesses looking to establish an offshore presence. Belize offers a favorable business environment, with competitive tax rates and flexible corporate structuring options.

When you choose us as your registered agent, we take care of all the necessary steps and requirements involved in the incorporation process.

What is an IBC?

An International Business Company (IBC) is a privately held company that is incorporated in an international jurisdiction, typically different from the country of residence, for conducting various business activities such as investments, trading, or asset holding.

The key components of an IBC include Directors, Officers, and Shareholders, who collectively contribute to its operations and decision-making processes.

The name of an IBC must adhere to specific guidelines. It is required to have a specific ending, such as Limited, Corporation, Incorporated, Society Anonyme, Sociedad Anonima, or Aktiengesellschaft. Alternatively, it can be abbreviated as Ltd., Corp., Inc., S.A., A.S., or A.G. These endings or abbreviations signify the legal structure of the company and comply with international naming conventions.

What are the advantages of a Belize IBC?

• Inexpensive annual renewal fees
• No minimum on capital
• Get incorporated in 1 to 2 business days
• No personal visit is required, everything can be done remotely

What is the Legislation for Belize IBCs?

An International Business Company (IBC) is formed under the provisions of the Belize Companies Act, 2022. The Belize Companies Act governs the establishment and operation of IBCs in Belize, outlining the legal framework and requirements for these entities.

In addition to the Companies Act, it is important to note the significance of the Economic Substance Act. The Economic Substance Act was implemented on October 11, 2019, in response to the concerns raised by the European Union (EU) and the Organization for Economic Co-operation and Development (OECD) regarding tax systems. The purpose of this act is to ensure that entities, including IBCs, conducting certain business activities in Belize have substantial economic presence and genuine operations within the jurisdiction.

Do you get a registered agent and office address when incorporating a Belize IBC?

Yes, our packages include both the registered office address and registered agent for your Belize IBC. As per the requirements, having a registered office address and registered agent in Belize is mandatory for incorporating an IBC. However, the principal office address, which serves as the primary business address, can be located in any country of your choice.

In addition to the registered office and agent services, we also offer Belize mail forwarding services.

Can only one person/entity be appointed as a Director, Officer and Shareholder?

Yes, any individual or legal entity can be designated as a director, officer, and shareholder of the IBC. This flexibility allows for a wide range of choices when determining the company's structure.

To meet the minimum requirements for an IBC, at least one shareholder and one director must be appointed. The same person or legal entity may fulfill all positions within the IBC. Furthermore, a minimum of one share with a value of US$1.00 must be issued to the shareholder.

Our company also offers nominee director, officer, and shareholder services. These services provide an extra layer of privacy and confidentiality. By offering nominee services, we aim to provide a comprehensive solution that addresses privacy concerns and aligns with the specific needs of our clients.

What is the authorized Capital requirement?

The standard authorized capital for a Belize IBC is US$50,000, which is divided into 50,000 registered shares with a par value of US$1.00 each. This amount is considered the default or standard authorized capital for an IBC in Belize.

It is important to note that the authorized capital can have an impact on the government fees associated with the incorporation process. If you wish to have an authorized capital amount that exceeds the standard capital, we recommend contacting our office. By doing so, we can provide you with the accurate quote based on your desired authorized capital.

Is information regarding directors, officers and shareholders private?

The details of directors, officers, and shareholders of an IBC are required to be filed with the registry. However, it is important to note that this information is kept confidential and not publicly disclosed.

To provide an additional layer of privacy and confidentiality, we offer nominee services. By utilizing nominee services, the identities of the actual beneficial owners can be kept private and undisclosed, further enhancing the confidentiality of your company's information.

Are there requirements for accounting and auditing?

As per the provisions of the Accounting Records (Maintenance) Act, every Belize international business company must uphold the obligation of maintaining accounting records and storing them at the office of the registered agent in Belize. The agent is responsible for gathering these accounting records on a quarterly basis, on the 10th day following the conclusion of each quarter.

In addition to the quarterly maintenance of accounting records, all Belize companies are mandated to submit an annual tax return, and obtain a Tax Identification Number (TIN). The deadline for the annual tax filing is March 31, for the previous year January 1 to December 31.

Do you have shelf companies available?

Yes, we offer a selection of shelf companies that are readily available for immediate purchase. These shelf companies are established entities with no prior owners, business activity, or transactions. By acquiring a shelf company, you can expedite the process of starting your business operations.

In addition, we provide apostille services for the corporate documents of shelf companies. This service typically takes approximately 2 to 3 business days to prepare.

For detailed information and a personalized quote regarding our shelf companies and apostille services, we recommend contacting our office.

How long does it take to incorporate a Belize IBC?

The incorporation process typically takes around 1 business day. Our team will handle the necessary procedures to complete the incorporation promptly and efficiently.

After the incorporation is finalized, the preparation of other corporate documents, generally takes an additional 2 to 4 business days. These documents are crucial for establishing the structure of your IBC.

Once documents are ready for shipment we provide scans via email, and thereafter the originals are sent via courier. Please note that if you order our digital package all documents are emailed to you in PDF format only.