LLOYD'S FUNDS INTERNATIONAL Lloyd's Funds International is an executive level financial and management consulting firm that provides support to corporations, financial institutions and high net worth individuals Offshore Tax Exempt Companies Complete Belize IBC Only US$599 Lloyd's Funds International was founded on the simple belief that the only barrier to enterprises of great pitch should be the existence of the idea and not the means of implementation.

Why Belize? Some people have the impression that sheltering assets offshore is difficult or cumbersome to achieve. Lloyd's Funds International expertise in one of the best tax havens in the world, with modern legislation specifically enacted to protect the investor, is your assurance of a process that is easy, convenient, confidential and secure. It may surprise you to learn that the number one reason for people moving money offshore is not because of tax benefits but asset protection. Today's predaceous and litigious society unfortunately makes successful people vulnerable to lawsuits of every kind.

Tourists Ride Horses in Belize

General Information Belize (formerly British Honduras) is a scenically beautiful, independent country located on the Caribbean seaboard of Central America. It has an area of approximately 23,026 sq. km, and is bounded by Mexico to the north and Guatemala to the west and south. The administrative capital is Belmopan, but the major commercial center is Belize City, which is located on the eastern coast close to the major international airport. Belize’s International Business Companies Act of 1990 permits an IBC to be used for a variety of purposes including: Banks Trusts Ship ownership Management Trading Financial Management Investment Holding

An Exceptional Jurisdiction Welcome To Paradise

More Examples:

• As an investment vehicle to handle investments offshore
• To transact foreign exchange business without Exchange Control restrictions.
• Guarantee a liability or obligation of any person and to secure any of its obligations by mortgage, pledge, or other liability of any of its assets.
• Protect the assets of the company for the benefit of the company, its creditors, its members, and of any person with a direct or indirect interest in the company.
• Purchase, redeem or otherwise acquire and hold its own shares.

IBC Restrictions
A Belizean IBC can not carry out the following tasks:

1. Transact business with Belizean residents.
2. Buy or own an interest in real property situated in Belize or lease property for use other than as an office.
3. Act as a trustee firm registering firms for offshore companies.

Companies that do not qualify for International Business Company exemption status are subject to the normal company tax rate of 45%. The rate is reduced to 25% for business whose gross annual income is less than 25,000 Belize dollars ($12,500.)

Dividends, interest from securities transactions related to the capital formation market and employee pension contributions are exempt from taxation. Dividends of Belize-registered companies are deductible from income tax and are included in the chargeable income of the shareholder or person receiving the dividend.

Companies are not subjected to capital gains tax, turnover tax or headquarters taxation.

The 25% tax on interest and foreigners is levied only on mortgage interest and debenture interest and is exempt when paid to foreigners if it is paid on capital used in specific development industries or projects or if the Minister of Trade and Industry is satisfied with the ratio of paid up capital to loan capital.

The tax on interest is not payable if it is subject to tax in the country of residence of the payee.

Royalties are taxed at normal rates while management fees are only taxable when the services are performed in Belize through a permanent establishment.

Profits remitted abroad are not subject to any withholding tax.

Incorporation Of An IBC

Formation To form a Belizean international business company, one or more persons, who can be a partnership, trust or estate, submit to the Registrar of Companies a Memorandum and Articles of Association. Memorandum of Incorporation: The name of the Company (finishing in: Limited; Incorporated; Society Anonyme; Sociedad Anonima; or the abbreviations of the above). The Belize address of the company and its registered agent. The company’s objects and purposes (which can be stated as including all legal activities). The currencies (one or more) in which shares may be issued Company Name The name of the company must end in "Limited," "Corporation," "Incorporated," "Society Anonyme," "Sociedad Anonima" or their abbreviations. How long does it take to confirm a corporate name?

Dive off Trees on Belize Island

The name of an IBC corporation can be approved immediately, if available, upon written request to the Registry. After the Memorandum and Articles are registered, the Registrar issues a Certificate of Incorporation. A computerized registration office can approve an application in one hour.

How long does it take to register a Corporation?

Entry in the Public registry is necessary in order to acquire legal personality or such entry is demanded voluntarily, it shall ensue at the domicile of the legal entity and the articles shall be deposited for safe keeping in the Register Office files.

What resolutions or amendments shall be filed in the Registry office?

A copy of all resolutions amending the Memorandum and/or Articles of Association shall be filed in the Registry, and the Registrar shall retain and file said copies. This includes details of the recordable facts or relationships and of the persons who compromise the bodies of the administration and, if necessary, the authority.

Capital And Members What is the minimum authorized capital for an IBC? No minimum capital is required, but shares must be fully paid in, More than one currency can be used when issuing shares. Shares can be paid in for money, services, personal property (including other shares), debt obligations (or other securities in the company), an estate in real property, or a promissory note. What type of shares can be issued by an IBC? Shares issued are securities, registered, preference, voting, no par value and bearer. Issuance below nominal value is possible only in case of registered shares. Additionally, any issued shares can have the following characteristics: More or less voting privileges per share; Vote only on certain matters or only upon certain events; Vote only when shareholders’ meeting is held by people It is further possible for an IBC to: Issue options, warrants, rights, or similar instruments. Issue convertible securities. Who meet specific requirements or Who have authorized participation in certain assets.

Belize IBC Only US$299

Can any of the shares be issued on behalf of local residents?

No, shares can not be issued on behalf of local residents. They may be issued to foreign persons only, although bearer shares can also be issued.

Is confidentiality of the Shareholders available in the Belize?

Information regarding shareholders is confidential. Identities are not recorded publicly, nor do Government or tax authorities have access to such information. The shareholder register need not be registered with the Registrar of the Belize.

Directors And Officers

What is the minimum number of Directors and Officers an IBC can have?

The Board of Directors can consist of one or more members including corporations. The executive body may consist of only one person, there is no minimum number of officers, unless otherwise indicated in the Memorandum or Articles of Association. A Company should appoint both a Secretary and a President. A single director should not occupy both offices. (There should be different persons appointed for the Board of Directors always, it can not be the same person.)

How are the Directors and Officers appointed? One or more persons: can be natural persons or partnership, trust or estate. What information can be revealed about the Directors and Officers? None. The information regarding the directors and officers shall not be revealed, since this information is confidential and is not a matter of public knowledge. It doesn’t need to be filed in the Public Registry. However, it is required that the names and general information of Officers and Directors Book be kept in the Registered Office of the Company.

Belize Yellow-Crowned Parrot

Meetings

Is it necessary to hold annual meetings of Shareholders and/or Director?

It is not required to have an annual meeting of the Shareholders or Directors. However, upon written request of the shareholder who owns more than 50% of the shares of the company, the director can request a meeting of the Shareholders. Less than 50% shareholding may be sufficient to call a Shareholders’ Meeting, where the Memorandum and Articles of Association so specify.

Where can these meetings be held?

The Board can meet inside or outside of Belize and can be convene by telephone or other electronic means as long as all participants can hear each other. Shareholders’ meetings can also be held via telephone and other electronic means, while resolutions can be passed by telex, telegram, cable and other forms of written communication.

Can proxy (substitute) represent a member/shareholder?

A proxy can represent an individual shareholder in a meeting of the share-holders. This person is authorized to speak and vote on behalf of the member.

Can resolutions of the Directors and/or Shareholders be adopted by consent?

Subject to any limitations in the Memorandum or Articles of Association, a director can consent in writing, or by Telex, facsimile, cable or any other written electronic vehicle, to any resolution that could otherwise be adopted by the directors or a committee of the directors in a meeting, without the need for notice. The same applies for the Shareholders’ resolutions or resolutions of a committee of directors.

GENERAL
Type of Company	IBC
Political Stability	Excellent
Common or Civil Law	Common
Disclosure of Beneficial Owner	No
Migration of Domicile Permitted	Yes
Tax on Offshore Profits	Nil
Language of Name	Latin or other alphabets
CORPORATE REQUIREMENTS
Minimum Number of Shareholders	One
Minimum Number of Directors	One
Bearer Shares Allowed	Yes
Corporate Directors Permitted	Yes
Company Secretary Required	No
Standard Authorized Share Capital	US$ 50k
LOCAL REQUIREMENTS
Registered Office/Agent	Yes
Company Secretary	No
Local Directors	No
Local Meetings	No
Government Register of Directors	No
Government Register of Shareholders	No
ANNUAL REQUIREMENTS
Annual Return	No
Submit Accounts	No
RECURRING GOVERNMENT COSTS
Minimum Annual Tax/License Fee	US$ 100
Annual Return Filing Fee	US$ 50

US$599 VIP Power Package Includes:

• Certificate of Incorporation and Certificate of Good Standing for your offshore company
• Memorandum and Articles of Association
• First year government fee
• Share Certificate issued to the bearer or to the nominee shareholder (recommended and provided for free) or registered
• Minutes of the first meeting of founders
• Letter of appointment of the first director
• Register of members for offshore company
• Register of directors for offshore company
• Registered agent services first year for offshore company
• Registered office for offshore company (first year)
• Apostille of the charter documents
• Courier delivery
• 3 Bank accounts
• Nominee directors
• Power of Attorney
• Apostille documents
• Notarized documents
• Apostilled translation of the charter documents into local language
• Notarized translation of the charter documents into local language
• Rubber stamp of the company
• Express Delivery
• Amendments to the company charter documents, name change, etc
• Redomiciliation
• Trading and investment account. Operation via Tel., Fax, Internet. Debit cards
• Offshore Brokerage Account for Day Trading
• Virtual office in your selected jurisdiction, including: e-mail address, fax and answering machine for infrequent use, with forwarding all messages by e-mail
• One year offshore hold mail and forwarding
• Offshore merchant account

LIFETIME TAX SAVINGS: During lifetime, substantial income and capital gains tax advantages may result from setting up the trust. Using the service of one of our licensed trust companies, we are pleased to act as trustee for a suitably drafted discretionary trust and the cost of this service would be from US$500 for setting up the trust deed and from US$500 per annum for the provision of trustee services. OTHER SERVICES: Lloyd's Funds International provides a wide range of administrative and documentary services including, but not limited to legalization and notarizing of documents, credit cards, yacht and ship registration, invoicing, documentary trade services, trade finance applications, accounting, consulting and immigration services. VIP PACKAGE: Available at slightly higher cost

Belize City at Sunrise

Confused?

The majority of people are frequently confused by the complexity of International Business Company or international tax planning and discouraged by the substantial costs involved in registering a company or trust in a tax haven. The registration costs and ongoing yearly administration expenses frequently exceed what an average person could save in taxes. Lloyd's Funds International has a new program to answer those concerns. We provide the simple, secure, private and low cost answer for the person who is just starting out or the veteran who now understands that simplicity is the essence of genius. Our survey has shown that this solution answers all of the needs for 100% of the persons seeking to form an International Business Company.

The program includes bearer shares so that complete anonymity is guaranteed, documentation and support services so that you can open a financial account under your complete control, where and when you wish, and flexibility so that you can change your financial affairs to reflect your future needs.

We trust that we have clarified the intriguing world of Belize IBCs. We will be happy to answer any questions you may have, relating to this opportunity and provide you with additional details regarding any of our devoted services.

If you would like to obtain further details of the legislation surrounding the formation of an International Business Company (IBC) in Belize or wish to discuss any matter in complete confidence, please click here to contact:
Mr. John Cooper Vice President
Lloyd's Funds International Offshore Services

Please click here to explain us the full particulars of your situation and what you wish to accomplish. We will review your situation very carefully and offer to you a custom fitted solution. 95% of the time the solution will be simple to understand and 100% of the time it will be the least expensive alternative.

Please feel free to contact Lloyd's Funds International if you believe the formation of a Belize IBC at the present time may be appropriate in your particular situation. Any communication with us is considered PRIVILEGED and CONFIDENTIAL.

Other Jurisdictions?

Lloyd's Funds International is in a position to assist new and established clients in opening personal and corporate offshore bank or trust accounts, denominated in almost every currency, in over 125 of offshore jurisdictions world-wide, including:
New Zealand, Australia, Chile, The Dominican Republic, Ireland, Argentina, Belize, Brazil, Spain, Italy, Costa Rica, Venezuela, Uruguay, Prague, Bodrum, The Spanish-Moroccan Tax Havens, The Madeira Tax Haven of Portugal, The Jamaican Free Trade Zones, The Dominican Republic Free Trade Zones, Campione D'Italia, Andorra, Poland, The Eastern Turkish Border and Tbilisi, Mozambique, Guatemala, The Virgin Islands, The Phillipine Islands, and Anguilla are just some of the countries and places featured.