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 av 2016 – International Business Companies (Fees) Regulations 2016, the licence fee of Belize International Business Companies (IBCs) has been increased from US$100 to…

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The State of Delaware makes US$16 billion out of corporate fees alone (2015 rapportera). Detta är Maltas eller Islands BNP. Trots detta, det tog dem 3 months to process a regular corporate document sent to the Division of Corporations: från oktober 2016 till januari 2017. If you want a faster proceeding you have to pay…

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De flesta IBC i Belize är förmodligen olagliga på grund av detta: §73.(4) A company incorporated under this Act shall have a common seal and an imprint thereof shall be kept at the registered office of the company. (5) Ett företag som uppsåtligen bryter mot denna paragraf riskerar att dömas till ett vite av $25 for each day or…

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It is a classic in philosophy, and even in some religious texts: “your biggest enemy is yourself“. For that matter the Seychelles fell on its own on the 26th July, 2016, in force since the 1st of November, 2016: Section 119 of the Act requires that: an IBC to make an annual declaration that the IBC…

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It is sad to see that in the British Virgin Islands (BVI (Brittiska Jungfru)) you cannot search online for a company name… For this privilege you have to fill a form & pay US$30, send it by snail mail or email and wait for the answer back… Where are we? In this day & age when information…

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The Botswana IFSC set up-up in 2003 is dead, today only a 5 pages website with completely outdated information is up. The IFSC death was already announced back in 2010 because South Africa restricted inward investments and is already a developed financial centre. The agencies that took over are: the BITC (Botwana Investment & Trade Centre) for…

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