Belize
General Information
General Information
| Location | Belize is located on the Eastern seaboard of Central America. It is bordered Guatemala to the West and to the North by the Yucatan Peninsula of Mexico. |
| Capital | Belmopan. Largest city – Belize City |
| Population | About 57,169 |
| Language | English |
| Legal System | English Common Law |
| Currency | US dollar / Belizean Dollar |
| Exchange Control | None |
| Economy | Belize has a small, essentially private enterprise economy that is based primarily on agriculture, tourism, and services. The cultivation of newly discovered crude oil in the town of Spanish Lookout has presented new prospects and problems for this developing nation. Besides petroleum, Belize's other primary exports are citrus, sugar, and bananas. Belize's trade deficit has been growing, mostly as a result of low export prices for sugar and bananas. |
| Time Zone | CST (UTC−6) |
| Major Banks | Belize Bank |
| Principal Corporate Legislation |
International Business Companies Act |
Company Incorporation
- Incorporation fee for a company with share capital less than USD 50,000 of 50,000 shares is USD 888 included government fee, professional fee, registered agent fee, registered address.(For company with English name only)
- Required at least one director and one shareholder
- Due diligence of the beneficial owners, director(s) and shareholder(s) are required
- A scan copy of Certificate of incorporation is available in 2 working days
Features & Benefits
- Bearer Shares allowed
- corporate directors are allowed to ensure the confidentiality of beneficiaries
- Privacy of identity for principals – the names/identities of company directors and shareholders do not appear on any public record
- Time-proven, efficient incorporation/registration process
- Nil Belize taxation on foreign income
- Book Keeping is required
- Annual audit is not required
