Belize financial company

Requirements to apply for a License according to IFSC

  1. the completed application form as set out in the First Schedule of the 2007 Regulations
  2. the biographical affidavit of each director, shareholder and officer of the applicant company set out in the Second Schedule.
  3. the prescribed application fee
  4. evidence of capital requirements as set out in the Schedule; and
  5. any other necessary documentation as may be required by the Commission

License Granting Capital Requirement

  1. No license shall be granted under these regulations unless the applicant, if it is a company or other corporate entity (by whatever name called), satisfies the Commission that it has fully paid-up and unimpaired capital in the amounts set out in the Fourth Schedule in respect of the service or activity for which the license is being applied, and that such capital has been deposited with a bank or other licensed financial institution in Belize.

Kinds of licenses issued by the IFSC

  1. Formation or management of international business companies or other offshore companies: Minimum paid-up and unimpaired capital required of US $5,000
  2. Trust formation and management of offshore trusts and provision of trustee services: Minimum paid-up and unimpaired capital required of US $10,000
  3. International asset protection and management: Minimum paid-up and unimpaired capital required of US $25,000
  4. Money transmission services: Minimum paid-up and unimpaired capital required of US $50,000
  5. Payment processing services: Minimum paid-up and unimpaired capital required of US $50,000
  6. Trading in foreign exchange: Minimum paid-up and unimpaired capital required of US $100,000
  7. Trading in financial and commodity-based derivative instruments and other securities (e.g. interest rates, foreign exchange instruments, shares, stock, contracts for differences etc).: Minimum paid-up and unimpaired capital required of US $100,000
  8. Money brokering: Minimum paid-up and unimpaired capital required of US $50,000
  9. Money lending and pawning: Minimum paid-up and unimpaired capital required of US $50,000
  10. Money exchange: Minimum paid-up and unimpaired capital required of US $75,000
  11. Safe custody services: Minimum paid-up and unimpaired capital required of US $25,000
  12. Accounting services: Minimum paid-up and unimpaired capital required of US $25,000
  13. Brokerage, consultancy or advisory services in any of the above services: Minimum paid-up and unimpaired capital required of US $25,000

Click here for consultation