Company Administration Guidelines

Share Capital:

  • The minimum paid in and issued in capital may be one share which is fully paid.
  • Shares may be issued with or without par value.
  • Shares may be issued in bearer form and transferable by delivery (adding to the confidentiality) and may be issued in any currency.
  • Shares may be paid up through the transfer.
  • Only one shareholder is required, does not need to be a local and can be an individual or corporate body.
  • A director and shareholder may be the same person.

Directors:

  • Only one director required, does not need to be a local and can be an individual or a corporate body.
  • A director and shareholder may be the same person.

Restrictions on Name & Activity:

  • A Belize IBC is restricted from doing business with Belize residents or Belize Corporations.
  • The name of the company must contain one of the following; Limited, Ltd, Corporation, Incorporated, Society Anonyme.

Local Requirements:

  • A Belize IBC must have a registered office in Belize. Eltoma can provide a registered office.
  • Is permitted to maintain a staff and conduct business incidental to its existence if required but must actively engage in business in Belize.
  • There is no requirement for a secretary in Belize.
  • There is no requirement for shareholders and directors meetings.

Confidentiality:

  • The documents for Belize Offshore Incorporation do not carry the name or identity of the beneficial director or shareholder. The names of the beneficial owners do not appear on public record.
  • Nominee directors and shareholders are permitted to ensure confidentiality.

Timescale:

  • The approximate timescale for company incorporation is 5 days.

Take the next step, we are here to help.

Register a Belize company.
Open a Belize bank account.

  Resources:

 

The Investigation of a Cyprus Company's Affairs: Application of the Law & Effectiveness

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UK: The Current Problems with Money Laundering & the Violation of Anti-Money Laundering Regimes

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Director’s Duties & Liability Insurance in Cyprus

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Q&A: Singapore Small Company Concept for Audit Exemption

The following article will answer some commonly asked questions regarding Singapore small company auditing requirements and exemptions from ACRA.

Exemption from Audit: Singapore Small Company Criteria

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Singapore Audit Requirements: running a company in most countries require auditing as a process to prove that everything is operating legitimately. Listed companies have a legal responsibility to go through audit in Singapore similarly.

EU: Cyprus Competitive Advantage at Risk with Tax Consolidation Reforms

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Cyprus is likely to have repercussions as a result of Jean-Claude Juncker ’s favouring of a relaxation in EU regulation formation and monitoring schemes, reinforced by qualified majorities on matters including the additional synchronisation of blanket taxation rates across Europe.

Singapore Service Providers: How to Comply with the ACRA Reporting Requirements

Singapore Service Providers: How to Comply with the ACRA Reporting Requirements

As a result of the ACRA Amendment Act in 2014, Registered Filing Agents and Corporate Service Providers now have to conduct independent Anti-Money Laundering / Countering the Financing of Terrorism (AML/CFT) reviews as part of their annual audit reviews.

Beginners Guide to Service Level Agreements: Important Information & Q&A

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SLAs are a critical component of any outsourcing and technology vendor contract. Beyond listing expectations of service type and quality, an SLA provides remedies when requirements aren't met.