![](https://blog.prominee.com/wp-content/uploads/2019/02/640px-Flag_of_Belize.svg_.png)
Belize started as a low cost jurisdiction in a highly international competitive market: the market of incorporating companies.
This is one of those bad April fools. According to Belize Statutory Instrument No. 11 ل 2016 – International Business Companies (Fees) Regulations 2016, the licence fee of Belize International Business Companies (IBCs) has been increased from US$100 to US$200.