Belize International Business Company Registration Procedures

Procedures for Registration of a Tailor-made Bellize company through GT

Step 1
You confirm and engage GT to register your Belize company by either sending GT an email or fax. If so requested, GT will prepare and sign an engagement letter with you.

Step 2
You provide to GT either by fax or scan and email the following materials:
1 Proposed company name, either in English only or Chinese only or both;
2 One photocopy of passport (only the page showing the particulars of the holder) and residential address of each shareholder; if any shareholder is another corporation, please provide Certificate of Incorporation and Registered Office of that corporation;
3 One photocopy of passport (only the page showing the particulars of the holder) and residential address of each director; if any director is another corporation, please provide Certificate of Incorporation and Registered Office of that corporation;
4 Amounts of authorized share capital and issued capital, percentage of shareholdings if more than one shareholder.

Step 3
GT check the availability of the proposed company name. If available, GT proceed to registration; if not available, GT will go back to you for more company names and perform the availability search again.

Step 4
GT receive the Certificate of Incorporation from the Registrar of Companies.

Step 5
GT attend to the followings:
1. Printing Memorandum and Articles of Association
2. Prepare minutes of First Board Meeting
3. Prepare Application for Allotment of Share(s) for each shareholder
4. Prepare Consent to Act as Director for each director
5. Update Register of Members
6. Update Register of Directors
7. Prepare Share Certificate
8. Carve Common Seal and rubber chop

Step 6
GT arrange to deliver the above documents/materials (together known as Company Kit) to you.

Step 7
Upon receipt of the Company Kit, you sign the following documents:-
1. Application for allotment of shares
2. Minutes of First Board Meeting
3. Consent to Act as Director
4. Share Certificate
and then either fax or scan and email a copy of the duly signed documents as listed above to GT. Registration procedures completed.

Procedures for Purchase of a Readymade Belize Company from GT

Step 1
You confirm and engage GT to register your Belize company by either sending GT an email or fax. If so requested, GT will prepare and sign an engagement letter with you.

Step 2
GT email, fax or post the Belize Readymade Companies List to you and you select at least two names in priority preference and confirm with GT your selection.

At the same time, you provide to GT either by fax or scan and email the following materials:
1 One photocopy of passport (only the page showing the particulars of the holder) and residential address of each shareholder; if any shareholder is another corporation, please provide Certificate of Incorporation and Registered Office of that corporation;
2 One photocopy of passport (only the page showing the particulars of the holder) and residential address of each director; if any director is another corporation, please provide Certificate of Incorporation and Registered Office of that corporation;
3 Amounts of authorized share capital and issued capital, percentage of shareholdings if more than one shareholder.

Step 3
GT check the availability of the selected readymade companies. If available, GT proceed to registration; if not available, GT will go back to you for more company names and perform the availability search again.

Step 4
GT attend to the followings:
1. Printing Memorandum and Articles of Association
2. Prepare minutes of First Board Meeting
3. Prepare Application for Allotment of Share(s) for each shareholder
4. Prepare Consent to Act as Director for each director
5. Update Register of Members
6. Update Register of Directors
7. Prepare Share Certificate
8. Carve Common Seal and rubber chop

Step 5
GT arrange to deliver the above documents/materials (together known as Company Kit) to you.

Step 6
Upon receipt of the Company Kit, you sign the following documents:-
1. Application for allotment of shares
2. Minutes of First Board Meeting
3. Consent to Act as Director
4. Share Certificate
and then either fax or scan and email a copy of the duly signed documents as listed above to GT. Registration procedures completed.

Belize Company Registration and Maintenance Costs

Registration Fee
Our registration fee together with the current year maintenance fee for a company with a share capital no more than US$50,000 is USD700 excluding delivery fee. In particular, the fee covers:
1. current year licence fee
2. current year registered agent fee
3. current year registered office fee
4. one company kit
5. our incorporation service charges.

The registration fee together with current year maintenance fee for a company with a share capital more than USD50,000 is USD1,600.

Documents to be provided by client for incorporation
1. Photocopy of passport of each of the shareholder and director
2. Residential address with proof, such as utility bills, telephone bills
3. Proposed name of the company
4. Amount of share capital (unless otherwise advised, all company will be incorporated with a standard share capital of USD50,000) and percentage of shareholding by each shareholder, if more than one shareholder

Time Frame
The whole incorporation process could be finished in 2 weeks.

Maintenance Fee
Annual maintenance cost for company with a share capital of no more than USD50,000 for second year onward is US$500 which covers annual licence fee, annual registered agent and annual registered office fees.

Annual maintenance cost for company with a share capital of more than USD50,000 for second year and thereafter is US$1,400 which covers annual licence fee, annual registered agent and annual registered office fees.

Regardless the date of incorporation, the second year annual maintenance fee is due for payment on April next year. Annual Maintenance Fee thereafter is due for payment on April each year.

Other Services (Optional)

Provision of nominee director: USD350 each/per annum
Provision of shareholder: USD250 each/per annum
Certificate of Good Standing: USD180
Certificate of Incumbency: USD180

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