Belize

GBO International Financial Services Ltd specializes in assistance in the process of incorporating foreign companies in Belize.

The incorporation process of the company is done quickly, professionally and discreetly. In addition we can assist you in opening a corporate/personal bank account locally or in a wide range of banks around the world.

Our Services Include:

  • Assisting you in choosing the most appropriate type of company for your expected business operations.
  • Escort throughout the Belize incorporation process including filling out the forms and working alongside the local registrar of companies.
  • Matching the appropriate bank account to the company based on the company’s operations.
  • Assistance in locate Nominee director and nominee shareholder services abroad.
  • Payment of state fees according to the law of the state.
  • Assistance in locate Virtual office services, including secretarial and postal services.

Main Characteristics of a Company in Belize

General Background – Belize is a small country in Central America just near the Caribbean. The country borders Mexico and Guatemala. Belize was once part of the British colony and so most people there speak English. The population of the country is about 300,000 citizens and the land spans over 22,000 kilometers. Belize City is the largest city in the state and the main port city. The local currency is the Belize dollar.

Economy – Belize’s economy is based mainly on private transactions in the trading and agriculture sectors. Most of their agriculture stems from growing sugar, citrus and bananas. Export of sugar comprises about half of the total export from the country. In recent years the government has been trying to encourage more tourism in the region, building and establishing more foreign companies in Belize in order to increase the GDP.

Tax – Despite the relatively high local tax rate in Belize, foreign companies incorporated in Belize are exempt from tax for all income that does not originate from local activity. Therefore Belize is considered as a preferable jurisdiction and is a popular destination to incorporate a foreign company. Belize has no tax treaties with any other country.

Confidentiality – Belize is stringent with its confidentiality standards in that all the details regarding the shareholders of the company do not appear in the public registrar and remain confidentially with the agent who incorporated the company.

Name of the Company – Any name can be chosen for the company and can be in any language. One cannot use a name that already exists or is similar to a name that is already in use. There is a ban on the use of the following words: bank, trust, trustees, insurance, security, savings, loans, trading room, university, municipality or any words that are similar in other languages.

Shareholders – There must be at least one shareholder – either private or a corporation. Belize is stringent in its confidentiality and privacy of a company which is ingrained in the law of the state. The details of the shareholders do not appear with the local registrar. One can issue Bearer shares which must be entrusted with the company’s local representative. Bearer shares are shares that are not registered under any specific person and are physically held by the company’s shareholder.

Directors – Belize law requires at least one registered director, private or a corporation, no matter their citizenship. The directors’ names and details are confidential and do not appear in the public registrar.

Financial Statements – There is no obligation for a foreign company to submit financial statements.

Registering a Company in Belize
A Belize company formation proccess is done under the IBC – International Business Company category. It is illegal for a company in Belize to have any business transactions with the local residents, to own any tangible assets in the country, to hold any shares or bonds of a local company and is not allowed to practice in the banking, insurance and trustee sectors. A local representative and local address is required in order to incorporate a company in Belize but the process is relatively quick.

Our services include assistance in opening a bank account for a company incorporated in Belize in a wide range of banks worldwide. Contact us for more information.

Contact Us

By clicking "Contact us", You agree to our Privacy Policy and Terms of Services.

Please type the 4 characters

captcha

Company Formation

    Need more information ? contact us

    Ygal alon 65 st, Tel Aviv, Israel

     | Skype: gbointernational | Phone: +972 351042570 |  Email: info@gbo-il.com

    DISCLAIMER

    The opinions expressed on this page are the views of the author(s) and do not necessarily reflect the views of GBO International Financial Services (“GBO”). Responsibility for the information and opinions expressed lies entirely with the author(s). We make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the information, products, services, or related graphics contained on this page for any purpose. Any reliance you place on such information is strictly at your own risk. In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website and/or reliance on any content contained therein
    GBO does not provide any tax consultation and the information provided should not be seen as a substitute for professional consultation with the appropriate experts. We do not take responsibility for any harm caused as a result of using the information provided herein. All the information provided on this site is general and is not intended to pose a particular opinion and/or be seen as legal advice. You may not duplicate, copy, photograph, record, translate or transmit any of the material on this site without the written permission of the site owners.

    Please read our Terms of Service, Privacy Policy and Use of Cookies.

    The website belong to

    GBO International financial Services ltd 2011