There are many features that set Belize apart from other locations for IBC creation and incorporation. Below are some of the major features:
- Competitive prices for incorporation and annual fees for a Belize IBC;
- The incorporation process for Belize Offshore companies will not take longer that 3 working days;
- A Belize offshore company is exempted from all taxes;
- The names of the shareholders and directors for offshore Belize are not a part of the public record;
- The bearer share is allowed for offshore Belize;
- Minimum of one director and shareholder required for Belize incorporation;
- To incorporate in Belize, the director(s) and the shareholder(s) can be physical person or a company;
- The director and the shareholder can be the same person;
- There is no requirement to appoint a local or any secretary for Belize companies;
- The first director of the company is appointed at the organizational meeting of the Belize corporation;
- For Belize corporations, there is no requirements to file any accounts or to provide annual audits reports;
- The register of shares has to be kept and up to date;
- A registered agent and a registered office are required;
- Annual fees are due to be paid by the 31st of July, starting from the second year of incorporation and each subsequent year thereafter;
- The Belize IBC cannot derive any income from activities in Belize;
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