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Belize IBC: Belize Company Formation Advantages |
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Forming an International Business Company or IBC in Belize has its own pros and cons. When considering putting up one, here are some things that you need to think about.
There are actually very minimal requirements and flexible features in IBC institution in Belize. Belize legislation sets for an IBC a government fee that is only $100 with no minimum paid-up capital requirements. There is also no need for statutory accounting or audit records that need to be kept or filed in Belize. Moreover, an individual can easily set up his own IBC in Belize for an investor is required to have only a minimum of one subscriber or shareholder and only one director. For privacy's sake, the names of the beneficial owners are not filed in public records. Lastly, shares are registered and can be issued with or without any equivalence value.
Of course an IBC in Belize is not all about the investor and all that is advantageous to him. Although there may be only a few, there are restrictions that need to be satisfied for better service terms.
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