Business reports on companies registered in the Belize
The following information may be included for you in the report:
- company name (including legal form);
- company Number, date of Incorporation/Registration;
- registered agent and his contact information;
- capital / shares (shares)
- media references
- branches and representative offices in Russia;
- subsidiaries in Russia;
- participation in court cases in Russia;
etc.
Belize. Legalization and translation
The Belize is a party to the 1961 Hague Convention.
The Hague Convention Abolishing the Requirement of Legalisation for Foreign Public Documents (the Apostille Convention or the Apostille Treaty), is an international treaty. It specifies the modalities through which a document issued in one of the signatory countries can be certified for legal purposes in all the other signatory states. A certification under the terms of the convention is called an apostille.
Documents from Belize can be apostilled and translated for you into any language.
GENERAL INFORMATION ABOUT BELIZE COMPANIES:
INTERNATIONAL BUSINESS COMPANY (IBC)
An International Business Company or IBC as it is commonly called is a legal entity with limited liability that is normally used as an investment vehicle and is fully exempt from paying any form of tax in Belize.
IBCs are commonly used for asset protection, offshore banking, to conduct international trade and investment activities.
Belize is a popular jurisdiction for offshore company formation due to its English-based legal system.
The IBC legislation was based on the British Virgin Island model. In addition, full-ranged, high-tech and international offshore banking services empower Belize as an ideal jurisdiction for offshore business.
REGISTRAR
Belize Companies and Corporate Affairs Registry.
COMPANY NAME
The word “Limited”, “Corporation”, “Incorporated”, “Society Anonyme” or “Sociedad Anonima” or “Aktiengesellschaft” or the abbreviation “Ltd.”, “Corp.” “Inc.” or “S.A.” or “A.S.” or “A.G.” must
be part of the name of every company incorporated under International Business Companies Act, but a company may use and may be legally designated by either the full or the abbreviated form.
No company shall be incorporated under a name that,
- is identical with that under which a company in existence is already incorporated or so nearly resembles the name as to be calculated to deceive, except where the company
in existence gives its consent; or
- contains the words “Building Society”, “Chamber of Commerce”, “Chartered”, “Cooperative”, “Imperial”, “Municipal”, “Royal”, or a word conveying a similar meaning, or any other word that, in the opinion of the Registrar, suggests or is calculated to suggest,
the patronage of Her Majesty or that of a member of the Royal Family or a connection with the Government of Belize;
- is indecent, offensive or, in the opinion of the Registrar, objectionable;
- contains the words “Assurance”, “Bank”, “Insurance” or “Trust”, or any or their derivatives or cognate expressions, unless it is licensed under an enactment authorising it to carry on such business or activities.
REGISTERED OFFICE AND AGENT
A company shall at all times have a registered office in Belize.
A company shall at all times have a registered agent in Belize.
No person shall act or hold himself out as a registered agent for international business companies unless he has obtained a licence from
the International Financial Services Commission.
A person or a company resident in Belize who is a registered agent may hold shares in a nominee capacity but not beneficially in a IBC.
MANAGEMENT
A company incorporated under International Business Companies Act shall be managed by a board of directors that consists of one or more persons who may be individuals or companies.
The number of directors shall be fixed by the Articles. The directors have all the powers of the company that are not reserved
to the members.
A company incorporated under International Business Companies Act may keep a register to be known as a register of directors containing,
- the names and addresses of the persons who are directors of the company;
- the date on which each person whose name is entered in the register was appointed as a director of the company; and
- the date on which each person named as a director ceased to be a director of the company.
A copy of the register of directors, commencing from the date of the registration of the company, shall be kept at the registered office of the company.
CAPITAL AND SHARES
Authorised capital of a company means the sum of the aggregate par value of all shares with par value which the company is authorised by its Memorandum to issue, plus the amount, if any, stated in its Memorandum as authorised capital to be represented by shares without par value which the company is authorised by its Memorandum to issue.
The authorised capital, if any, of a company may be stated in more than one currency in which case the par value of the shares, if any, shall be expressed in the same currencies.
A company shall cause to be kept one or more registers to be known as “share registers”. A copy of the share register, commencing from the date of the
registration of the company, shall be kept at the registered office.
Belize offshore legislation offers a great level of flexibility. Belize companies could have any fixed amount of authorized capital starting from US$1 or have no authorized capital at all. When a Belize offshore company is incorporated, the authorized capital is stated in the Memorandum and Articles of Association.
SHAREHOLDERS
Shares could be issued to any individual or company.There is no Belize residency requirement.
A minimum of one shareholder is required.
AVAILABILITY OF INFORMATION
Information about all persons connected to Belize IBC is completely private.
Belize IBCs are not obligated to file tax returns or any financial statements at the end of each fiscal year. However, a company can prepare said documents for the purposes of internal review, bench-marking and generally as a tool for looking at the various ways in which future improvements can be made.
