Malaysia Hotline: +603- 2141 8908
Belize introduced its own International Business Companies
Act in 1990. The Belizean IBC Act was modeled after the 1984 act of the British
Virgin Islands and the 1989 IBC Act of the Bahamas.
Belize Company Formation - Legal Form
Belizean laws allow the following categories of business
ownership: Private Limited Companies, Limited Liability Partnership, Limited
Life Companies, Joint Ventures and Cooperatives, Partnership, Sole Proprietor,
Public Investment Companies and Trusts. The most popular form used by
international investors for registering Belize IBC is private limited company.
The IBC act prohibits Belize IBC from:
• Carrying on business with persons residing in Belize;
• Owning an interest in real property situated in Belize,
except lease property for office purposes;
• Carrying on banking business;
• Carrying on insurance or reinsurance business;
• Carrying on the business of providing registered
agents/offices for companies.
Otherwise, a Belize IBC may engage in any activity that is
not prohibited in Belize.
Belize Company Formation - Company Name
Belize companies’ names must end with one of the following
words, or their relevant abbreviations - Limited, Corporation, Incorporated,
Societe Anonyme, Sociedad Anonima. The following names to be used, require
licensing: Bank, Insurance, Assurance, Re-Insurance, Trust, Trustee, Savings,
Royal, Asset management, Fund Management, Investment Fund, Building Society,
Municipal, Chartered. Names denoting any connection to local, state or national
Governments are generally prohibited.
Belize Company Formation - Memorandum and Articles of Association
A company is incorporated in Belize by application submitted
to the Registrar of Companies. Memorandum and Articles of Association must be
lodged with the Registrar. Memorandum specifies the activities in which the
company may engage and Articles of Association specify the rules governing the
internal management of the company.
Belize Company Formation - Shareholders Requirement
A minimum of one shareholder is required which may be an
individual or a corporate body. The details of company beneficial owners and
shareholders are not part of the public records.
Belize Company Formation - Share Capital
There is no specific minimum capital requirement. The
standard authorized share capital is US$ 50,000. The minimum issued capital may
be one share of no par value or one share of par value. Issued shares must be fully
paid. Registered shares, bearer shares, shares of no par value, preference
shares, redeemable shares and shares with or without voting rights are
permitted.
Belize Company Formation - Directors
Belize IBC requires a minimum of one director and corporate
directors are permitted. Details of the directors do not appear on the public
file. There is no requirement to have resident directors.
Belize Company Formation - Registered Office, Local Agent or Secretary
Belizean companies must maintain a registered office and
registered agent within Belize who may be a corporate body or an individual
resident of Belize.
Tannet Malaysia is an international company based in Hong Kong, Shenzhen. We provide various business solution to those investor who are interested to expand business overseas such as international company registration, global trademark application, commercial secretaries services and etc. Kindly contact for more information if you are interested.
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Malaysia hotline：603-21418908;
Hong Kong hotline：852-27837818;
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