Belize Professional Fund

Belize Professional Fund

The Professional Mutual Fund is solely able to offer up its shares for subscription or purchase only to investment professionals. A professional investor is specified as being one whose ordinary business involves the acquisition/disposal of shares in an investment fund or who has a declared net worth of one million United States dollars. The initial investment in respect of each investor in a professional fund is a minimum of one hundred thousand United States dollars (US$500,000) or its equivalent in any currency as is designated by the mutual fund regulations. The professional fund must first receive official recognition from the Registrar of Mutual Funds before it can commence its business operations from Belize.

Key Features

Belize Professional Fund	Corporate Details
General
Type of Entity	Professional Fund
Type of Law	English Common Law
Registered Office in Belize	Yes
Other Local Service Providers	Yes
Our time to obtain license	3 Months
Corporate Taxation	No
Share capital or equivalent
Standard currency	US$
Permitted currencies	Any
Minimum Subscription	US$100,000
Minimum Investors	No
Directors
Minimum number	2
Local required	No
Corporate directorship allowed	Yes
Service Providers
Custodian	Yes
Fund Manager/Investment Manger	Yes
Fund administrator	Yes
Auditors	Yes
Accounts
Requirements to prepare	Yes
Audit requirements	Yes
Requirements to file accounts	Yes

 Advantages

1. No exchange controls or restrictions on financial transfers
2. There are no minimum capital requirements
3. Minimum or zero tax on capital gains, incomes, profits and dividends that accrue to the Fund.
4. There are no statutory limitations as regards the investment policies

The Valsen Advantage

• Speedy, Efficient and consistent Services.
• Relentless effort to obtain bank accounts.
• Expert advice on structuring options.
• Dedicated ongoing compliance support