Belize Company Formation

Belize Company Formation

For the registration of a global business company in Belize, there are requirements that need to be provided/ met before you can start operating business in Belize.

For the registration of a global business company in Belize, there are requirements that need to be provided/ met before you can start operating business in Belize. There are steps tailored by authorized bodies for you to follow in the long run.

Incase you are very far or somehow committed and you cannot handle the process by yourself, you can employ the services of consulting companies; they can be Government or private practitioners in the field of company formation. You can decide to email or send fax to the consulting firm of your choice who in turn undertakes the signing of the documents on your behalf.

So that the consulting company handles or dispenses its duties diligently, ensure you supply it with the following information;

i. At least a photocopy of your passport showing the relevant information about yourself (personal address, address of your place of residence and those of your partners, incorporation documents plus the contact of the registered office).
ii. The name of the company you have selected; it can be in Chinese or English. No any other language is used.
iii. Include the estimated amount/ number of share capital stipulated in law of the land and the exact percentage of shares held by shareholders, that’s if they are more.

You must remember to submit all the payments needed for company’s registration. This can be done through the wire or by use of ordinary money transfer methods acceptable by law. Incase the details are inadequate; the consulting firm will automatically get back to you for more details.

Once these is said and done, the contracted firm receives the documents that makes your company legal in every perspective; the certificate of incorporation.

Most of these consulting firms undertake the following on behalf of corporate and personal or individual business persons who are unable to deal with the process on their own.

a. Preparing of minutes for meetings
b. Design and print articles and memorandum of association
c. Coming up with share certificate
d. Design an application for the allocation of shares to individual shareholder
e. Revise the inventory of directors
f. Preparing documents regarding to the consent of the Act for the respective directors.

Note that these firms have it all on themselves to deliver all the documents to you within the time frame set by legal experts.

It’s after the documents have been handed to you that you undertake to sign them. The following registration documents need to be signed by you.

• Minutes for the very first meeting of the board members
• Documents for the application of share allotment
• The share certificate
• The letter giving consent to Act in the position of the director

After all these, you are supposed to submit these documents to the consulting firm either through the wire or email or fax. When this step is followed and everything done in the needful way, the registration of Belize Company is said to be completed. You are now free and within the legal framework to undertake business dealings without fear or trouble coming your way.

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