Viewpoints
HOT NEWS |
2019-10-17
Belize Company here refers to International Business Company (Offshore Company) registered in Belize. Belize Readymade Company Registration Procedures (Purchase of Shelf Company) Step 1 You confirm and engage Kaizen to register your Belize company by either sending Kaizen an email or fax. If so requested, Kaizen will prepare and sign an engagement letter with you. Step 2 Kaizen email, fax or post the Belize Readymade Companies List to you and you select at least two names in priority preference and confirm with Kaizen your selection. At the same time, you provide to Kaizen 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 […]
2019-10-17
Ready-made, or “shelf” companies are IBC’s, already incorporated by us and available for immediate purchase. Shelf companies have not done any business, have not entered into any dealings or obligations whatsoever. As the name suggests, the incorporation documents of these IBC’s have been kept “on the shelf” in our office, without any practical usage whatsoever. By choosing a shelf company over a new incorporation several benefits can be achieved: especially quick delivery times can be achieved, because the incorporation process has already been completed; an IBC with an older registration date may be acquired, which may be useful by adding a certain “age” and, therefore, respectability to the IBC; there is no need to go through the frustrating task of thinking-up an original company name, as one can choose from an existing list and perhaps find a suitable name without much thinking. For more information, please read […]
2019-10-17
The management, directorship and practical operation of your Belize IBC will usually be one of the two possible options: Option 1: Company directed by the beneficial owner. You, the beneficial owner, can be appointed as the Director of Your International Business Company. Just as well, any other person, designated by the beneficial owner, can be appointed as the Director of the IBC. This can be a relative, a friend or a business partner of the owner – anyone whom the owner trusts, provided he/she agrees to such appointment. Minimum one director needs to be appointed. Of course, and IBC can also have more than one director. For all intents and purposes, whenever the beneficial owner or his own appointees act as director(s) of the IBC, this is called “management by the owners”. In this option, the name(s) of the beneficial owner or his/her appointees will directly show up in the […]
2019-10-17
1. THE BELIZE IBC AND MAINTENANCE OF CORPORATE RECORDS 1.1 Memorandum and Articles of Association (‘M&A’) Kaizen or its associated agent will issue and provide an original and one copy of the M&A, both have been stamped and sealed by the IBC Registry of Belize. The Registered Agent and the Registrar of Companies in Belize shall retain a copy. Any amendments to the M&A may be passed by resolution of the director(s) or shareholder(s) and must be filed with the Registrar of Companies in Belize. Amendments are NOT effective until filed. Kaizen will be pleased to assist with providing standard form amendments, with filing amendments and with re-printing the M&A on request. 1.2 Minutes and Financial Records An IBC is required to keep minutes of all meetings of directors, members, committees of directors, committees of officers and committees of members. Copies of all written resolutions consented to by the foregoing […]
2019-10-17
Specimen of Belize Company Incorporation Documents Certificate of Incorporation of Belize Company (IBC) – English Version Certificate of Incorporation of Belize Company (IBC) – Chinese Version Memorandum and Articles of Association of Belize Company (IBC) – English Version Memorandum and Articles of Association of Belize Company (IBC) – Chinese Version Register of Members (Shareholders) of Belize Company Register of Directors of Belize Company Share Certificate of Belize Company Certificate of Gooding of Belize Company (optional) Certificate of Incumbency of Belize Company (optional) Belize Readymade Company Lists Belize Readymade Company (Shelf Company) List (PDF) Belize Readymade Company (Shelf Company) List (Word) Belize Company Laws and Related Regulations Belize International Business Companies Act, Revised Edition 2000 This is the main and the most important law, which currently regulates the registration, status and operation of the International Business Companies in Belize. This is a revised edition of the law, prepared […]
2019-10-17
Belize Company Registration and Bank Account Packages 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. 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. Corporate Bank Account with Hong Kong Bank in Hong Kong: USD575 After the company is duly registered, we assist you to set up […]
2019-10-17
Belize Company Registration and Bank Account Packages 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. 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. Corporate Bank Account with Hong Kong Bank in Hong Kong: USD425 After the company is duly registered, we will arrange with you to […]
2019-10-17
GENERAL INFORMATION Anguilla, the most northerly of the Caribbean Leeward Islands, has a landmass of 90 sq km and was originally inhabited by, and was an important home island to, the Arawak Indians, an indigenous Caribbean race. Numerous significant artefacts have recently been unearthed which establish the Fountain (a freshwater underground spring) and other Island sites as important archaeological finds which now draw substantial international interest. The British established control of Anguilla in the late 1600’s, prevailing in numerous skirmishes with other European powers throughout the colonial period, so that today Anguilla is a British Dependent Territory. POPULATION Anguilla supports a population estimated at 9,000. The Island is generally flat with occasional rainfall but has the finest powder white sand beaches in the Caribbean. The official language is English; the primary industries are tourism (featuring numerous world class resorts and restaurants, catering to high net worth individuals from the […]
2019-10-17
With two offshore company types available in Seychelles, this is a very important question. Here are some general considerations. By no means they represent the final and absolute recommendation but may prove useful as a general guideline. Special License Company (CSL) The CSL would be the preferred choice for clients planning business transactions with counterparties who are located in high-tax countries with an intrusive regulatory environment. In such countries, fiscal countermeasures are possible against the traditional zero-tax companies (IBCs), but are less likely against low-tax companies (CSLs). On the same note, if the business circumstances require proving that the company is actually a taxpayer in its country of registration, only a Special License Company would satisfy this condition. The CSL is also the right vehicle if clients expect to utilize the benefits of the double-tax avoidance treaties, concluded by Seychelles. In perspective, a CSL is the appropriate choice […]
2019-10-17
A company is considered as resident in Singapore if the control and management of the business is exercised in Singapore. Although the term “control and management” is not defined explicitly by authorities, a generally accepted consensus is that it refers to the policy level decision making at the level of Board of Directors and not the day-to-day decision making and operations. In general, a company is considered non-resident in Singapore if the directors manage and control the business and hold board meetings from outside Singapore. This is true even if, for example, the lower level operations are taking place in Singapore. A company’s residence may change from one year of assessment to the next depending on the circumstances. A Singapore branch of a foreign company is generally not treated as a Singapore tax resident since the control and management is vested with an overseas parent company. The basis of taxation […]