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:

  • Certificate of Incorporation
  • Memorandum and Articles of Association
  • Last Annual Report
  • Certificate of Good Standing (if applicable)
  • Copy of Share Certificates

We will prepare the following documents for them to sign:

  • 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.

FEE STRUCTURE

Processing Fee
US $ 275.00
Administrative Fee
US $   75.00
 
US $ 350.00
Sales Tax (12.5% of $350.00)
US $   43.75
 
US $ 393.75
Government Fee
US $   39.00
Total Due
US $ 432.75

Notes:

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.

 

Back to investment services

 

 

 

QUICK LINKS: Welcome | Offshore Services | Retirement Services | Investment Services | About Belize | About Our Firm | Contact Us

Copyright © 2008 International Services Limited. Designed by Idealabstudios.com