Requirements for the Transfer of a Company
Transfer of Registered Office and Ownership of a Local (Chapter 250) Company
Whether you are selling or purchasing a local company or transferring the registered office of the company to us, there are certain procedures you must comply with. Below is a list of documents needed to begin the process.
We will require the following documents:
We will prepare the following documents for them to sign:
Certificate of Incorporation
Memorandum and Articles of Association
Last Annual Report
Certificate of Good Standing (if applicable)
Copy of Share Certificates
Minutes of the Meeting
Transfer of Shares to the new owners
Letter to Central Bank (if non-Belizeans)
Resignation of present directors/officers
Appointment of new directors/officers
Change of Resident Agent
Affidavit stating that you have sold the company, closed all of its bank accounts and is no longer associated with the company.
Processing Fee ||US $ 275.00|
|Administrative Fee||US $ 75.00|
| ||US $ 350.00|
|General Sales Tax (12.5% of 350.00) ||US $ 43.75 |
|US $ 385.00|
|Government Fee ||US $ 39.00|
|Total Due||US $ 393.75|
An additional 5% stamp duty will apply if $50.00 worth of shares or more is transferred to the new owners.
If the company owns land in Belize, then the 15% stamp duty will apply on the value of the land.
A fee of US $50.00 is charged to prepare a letter to the Central Bank of Belize if 51% of the company is owned by a non-Belizean.
If you require a share purchase agreement, kindly request our requirements and fee.
INTERNATIONAL SERVICES LTD.
PO Box 2284, #16 Albert Hoy Avenue, Belama Phase 1,
BELIZE CITY, BELIZE, CENTRAL AMERICA
Welcome | Offshore Services | Retirement Services | Investment Services | About Belize | About Our Firm | Contact Us