Benefits of Belize Company Formation

[Asset-Protection-Offshore]

A company formed under the Belize Company Formation law derives many benefits, which are generally enjoyed by companies under special circumstances. The IBC Act under Belize Company Formation law gives such privileges under the normal circumstances to the companies registered under it some of which can be seen as follows


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[sebastian]

Just wondering if a belize company has to do accounting and file annual reports?


Can a Belize company be formed with bearer shares if one would like to do so, and if so will it be possible to open a offshore bank account for such a company?


Your help is appreciated.

 

[sebastian]

Sorry just wondering if this is the official Government website for Belize ABOUT IFSC - International Financial Services Commission in regards to IBC's in Belize?

 

[JohnLocke]

A Belize company do not need to file any annual report or have accounting in place, thats the one of the major benefits with an Belize IBC Company.


It is not possible to register a Belize company with bearer shares, further itm akes no sense since you won't also not be able to open a offshore bank account for the IBC if it is registered with bearer shares, the bank will require more details of the beneficial owner which brings it all down to that it isn't useful in anyway.

 

[JohnLocke]

Sorry just wondering if this is the official Government website for Belize ABOUT IFSC - International Financial Services Commission in regards to IBC's in Belize?

This is the financial Service comission and has nothing to do with the company registration body in Belize.


You can find more information here: My Government(The Belize Government's Official Portal)


For government fees etc for belize companies they also have a link, Starting a Business in Belize details - Doing Business - The World Bank Group