Archive for February, 2008
« Previous Entries
Belize - General Information Table
Saturday, February 23rd, 2008
Location
Central America, Eastern Coast
Population
Estimated 262,999[1] (256,062 July 2001 est.)[2]
[1] Infoplease.com, World-Countries-Belize, available at http://www.infoplease.com/ipa/A0107333.html (last visited on Oct. 1, 2002).
[2] Central Intelligence Agency-The World Factbook 2001, supra note 1.
Native Language
English (Official)[1]
[1] Spanish, Mayan, Creole and Garifuna are widely spoken in addition to English.
Currency
Belize Dollar/BZD 2.000 BZD per US dollar fixed
Political status
Independent from UK as of […]
Corporate Law Factors
Saturday, February 23rd, 2008
Type of corporate vehicle
limited and unlimited liability; private and public companies; llcs, international business companies (ibc)
Incorporation time scale
1-2 weeks
Incorporation fees
$10 - $500 BZD
Resident directors required
No
Min number of directors
2 Private 7 Public
Directors meetings required
Yes
Other requirements
Directors must be individuals
Beneficial ownership disclosure
No
Shareholder disclosure
Yes
Minimum no of shareholders
1
Bearer shares allowed
Yes
No par value shares allowed
No
Public share register
Yes; Owners of Bearer shares […]
Belize - Tax Regulations
Saturday, February 23rd, 2008Income tax
Resident 25.00%
Non-Resident 0.00% on income received out of Belize 25.00% income received in Belize
Trusts
Trustees taxed as owners of property
Withholding taxes
Primarily on lottery / gambling winnings and time deposits also withholdings on payments made to contractors; several forms of interest and dividend payments or rent management fee payments to non-residents incur withholding
Income Tax
25.00%
Trusts
Interest on savings […]
« Previous Entries