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.