Investment Services



APPLICATION PROCEDURE FOR DEVELOPMENT CONCESSION,
FISCAL INCENTIVES (Fiscal Incentive Act, 2000)

A) A project proposal must be submitted in TRIPLICATE to the Belize Trade and Investment Development Service (BELTRAIDE) with the following supporting documents:

I. Copy of the ARTICLES OF ASSOCIATION

II. Copy of the MEMORANDUM OF ASSOCIATION

III. Copy of the CERTIFICATE OF INCORPORATION

IV. Banker's reference, on the bank's official letter head

V. Land Tenure Deed

VI. Projected profitability statement up to the second year of full production

VII. Duty exemption list

VIII. Environmental checklist Environment /EIA

IX. Relevant Licenses and/or permits

B) Send a formal letter of application to the Executive Chairman, BELTRAIDE

     Application Fee:

Investment
Fee
Below $500,000.00 BZ $ 7,000.00
$500,000.00 - $1 Million BZ $ 15,000.00
Above $1 Million - $5 Million BZ $ 20,000.00
Above $5 Million BZ $ 30,000.00
An Annual Administration and Monitoring Fee of BZ $1,000.00 is payable upon approval of application and every year on the same date thereafter for the duration of the concession.

A Publication Fee of BZ $ 800.00 (for page advertisement for two weeks publicized in a widely circulated newspaper) is payable upon approval of application by Cabinet.

An Amendment to SI Fee: of BZ $ 3,500.00 (for each amendment required).

Please note that ALL FEES are Non-REFUNDABLE.




INTERNATIONAL SERVICES LTD.
PO Box 2284, #16 Albert Hoy Avenue, Belama Phase 1,
BELIZE CITY, BELIZE, CENTRAL AMERICA

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Website: www.belizeoffshoreinvestors.com


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