- Belize IBC enjoys total exemption from all forms of tax in Belize including stamp duty. Of course, if a Belize IBC also operate and being managed offshore from Hong Kong, it is not subject to Hong Kong Profits Tax either.
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- No statutory annual audit requirements.
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- Confidentiality - Filing requirements are limited primarily to memorandum and articles of association, name of registered agent and address of registered office.
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- Only one subscriber is required for incorporation.
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- Only one director is required. Director can be a corporate and resident in any country.
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- Meeting of shareholders and /or directors may be in any country at any time and may be attended by proxy. Resolutions of members and /or directors may be passed without a meeting.
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- Shares can be issued without par value.
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- A Belize IBC may be incorporated in any language (provided translated English version is also submitted) and with an authorized share capital in a foreign currency.
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- Belize IBC may migrate into and out of Belize. However, once re-domiciled in Belize, the former governing law ceases to be operable.
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