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The Belize International Business Companies or Belize IBC Act, established in 1990 and based heavily on the British Virgin Island’s model, allows for Belize IBC formations.
An International Business Company (IBC) is a very flexible, confidential, tax efficient and proven corporate vehicle suitable for a wide range of offshore trading, investment and asset protection activities and solutions.
Quick and simple incorporation procedure:
| Capital requirements | No minimum paid-up capital requirements. Normal authorised share capital USD$50.000 |
| Taxation rate | Zero(0%) |
| Shareholders | Minimum one (1). Corporate shareholder also allowed |
| Directors | Minimum one (1). Need not be resident. Corporate director also allowed |
| Secretary | Not required/ optional |
| Annual License fee | USD$100 for IBCs with authorised share capital up to USD$50.000 |
| Annual General Meetings | Not required/ Can be held abroad |
| Annual Returns | Not required |
| Financial statements | Do not need to be audited |
| Confidentiality | Shareholder(s) and director(s) nominee services are allowed to ensure confidentiality of beneficiaries. |
For Company Formation & Management including Cyprus Accounting & Cyprus Payroll Services, Cyprus Banking Services, Cyprus Shipping and Cyprus Tax, kindly forward your query to info@fci.com.cy
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