Castillo Sanchez & Burrell, LLP (CSB) is an Independent Correspondent Firm to Deloitte Touche Tohmatsu, one of the world's leading professional services organizations.
What are the benefits of an IBC
Written by CSB-LLP
Monday, 03 July 2006
What are the benefits of a Belize IBC (International Business Company)?:
Exemption from taxes on all income,
Exemption from taxes on all dividends, interests, rent, royalties, compensations and other amounts paid out,
Exemption from capital gains taxes on shares, debt obligations or other securities of an IBC held by non-residents,
No exchange control restrictions,
Shareholders and Directors meetings may be held in any country and may be attended by proxy,
No citizenship or residency requirements for directors, officers or shareholders,
Only one Shareholder /Subscriber required,
Only one Director required and this may be a corporation or trust,
Shares may be held by corporations or trusts,
Non-Disclosure Of Beneficial Owners,
Register of Shareholders is available for inspection only by shareholders or by order of the Belize Courts,
Bearer Shares Permitted,
Shares may be issued without par value; no minimum capital required,