Miami Offshore Services

Belize IBC Companies have become very popular for setting up an offshore business presence or for asset protection because they are both simple and affordable.

The requirements are minimal - a current copy of a valid passport (pages containing photo, signature, and personal details) as well evidence of a residential address no more than three months old (original utility bill, bank statement or credit card statement). The documents are kept on file in the registered agent’s office but the directors and beneficial owners of the IBC do not need to be disclosed.  There is no need for accounting or audit records to be kept or filed in Belize. In addition, it’s possible for an individual to set up an IBC because an investor only needs a minumum of one subscriber or shareholder and only one director. The level of privacy is excellent because the names of the beneficial owners are not filed in public records. Finally, shares can be registered with or without any equivalence value.

There are a few restrictions for a Belize IBC that one must be aware of. A Belize IBC is not allowed to own real estate inside Belize or conduct business with residents of Belize. Also, all IBC’s must maintain a registered agent and registered office in Belize.

In addition to the above restrictions, it is necessary to utilize specific name extentions for a Belize IBC which include, but are not limited to the following: Limited (Ltd.), Corporation (Corp.), and Incorporated (Inc.). On the other hand any extension that may allude to the banking or financial sectors, government, or established entities may NOT be used including the following: Insurance, Assurance, Bank, Chamber of Commerce, Municipal, or any other extension that might indicate an association to the government or Royal Family.