Belize Company Incorporation Package #BEIBC04 – Company Registration and Corporate Bank Account

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Belize Company Registration and Bank Account Packages

  1. Belize Company Registration (for company with share capital of no more than USD50, 000 and without Chinese name): USD725

With a standard share capital of no more than USD50, 000, the registration fee together with the first-year maintenance fee is USD725. In particular, the fee covers:

  • First year license fee
  • First year registered agent and registered office
  • One complete company kit
  • Our incorporation service charge

Note:

  • An extra fee of USD150 is applicable if Chinese name is also registered.
  • The fees stated above does not include delivery fee, if any.

 

  1. Certificate of Incumbency (or CPA certification) as required by the bank: USD150

One original Certificate of Incumbency issued by the registered agent immediately after the registration is completed.

 

  1. Corporate Bank Account with Hong Kong Bank in Hong Kong: USD575

After the company is duly registered, we assist you to set up a corporate account with Hong Kong Bank in Hong Kong. Hong Kong Bank requires the physical presence in their Hong Kong branch of at least one director or one shareholder for the purpose of due diligence. In this regard, we will incorporate your Belize Company with us acting as one of the shareholders holding 10% of shares and after the bank account is set up, we then transfer the 10% shares back to you.

The bank account offers ATM card, HKD check book and Internet banking facility.

Total Package Price 1 + 2 + 3 = USD1, 450.00

 

Step by Step to Register a new Belize Company and Setting up Bank Account

 

Step 1

You confirm and engage Kaizen to register an offshore company by either sending Kaizen an email or fax. If so requested, Kaizen will prepare and sign an engagement letter with you. Please note we require full payment in advance before providing services.

 

Step 2

Kaizen issue an invoice of the fees and email the invoice to you and you arrange payment by check, bank transfer or wiring. Detailed instructions will be provided upon confirmation of order.

 

Step 3

You provide to Kaizen either by fax or scan and email the following materials:

  1. Proposed company name, either in English only or both English and Chinese;
  2. One photocopy of passport (only the page showing the particulars of the holder) and residential address of each shareholder; if 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 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.
  5. A brief description of the principal business activities of the Company.

 

Step 4

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

 

Step 5

Kaizen receive the Certificate of Incorporation from the Registrar of Companies.

 

Step 6

Kaizen 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 7

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

 

Step 8

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 Kaizen. Registration procedures completed.

 

Step 9

Once the documentation for the registration is completed, we arrange the client to come to Hong Kong and visit the bank to open the bank account.

 

Step 10

We visit the bank with the client and present the account opening documents to the bank and the bank process the account opening.

 

Documents and Information Required

Documents and Information needed to be provided by you for the Purpose of Registration

  1. A photocopy of identity card or passport of each director and shareholder
  2. Residential addresses with proof of all directors and shareholders, such as utility bill, telephone bill.
  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 processes for the tailor-made and readymade companies could be completed in around 14 days and 2 days respectively. The bank account requires an extra to 2 weeks.

Documents Given to Clients after Registration

  1. Original copy of Certificate of Incorporation
  2. Three (3) copies of Memorandum and Articles of Association
  3. Ten (10) copies of share certificate
  4. Register of Members and Register of Directors
  5. Common Seal and company chop
  6. Minutes for the appointment of first director(s)
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