Belize Forex Broker License

Setting up a forex (FX) company in Belize is regulated by the Belize International Financial Services Commission (IFSC) which is responsible for licensing and regulating Belize Forex Brokers.

Key Features

  • A domestic Belize company is required with its’ Memorandum of Association being specifically drafted to operate as a Forex Broker.
  • The Company/Applicant has to deposit a minimum amount of US$ 500,000 to a local bank in Belize, and remain therein as paid up share capital.
  • A resident Director is mandatory.
  • No interview is required and there is no need to travel to Belize.

Legal Requirements

Requirements

Description

General

  • Corporate  vehicle permitted

Belize Company

  • Application fee

USD 500

  • Annual license fee

USD 5,000

  • Local physical office required

No

Share capital or equivalent

·         Minimum paid up capital

USD 500,000

Directors

  • Minimum number

1

  • Corporate directorship allowed

Yes

  • Local director required

Yes

Shareholders

  • Minimum number

1

  • Corporate shareholder allowed

Yes

  • Local shareholder required

No

Service Providers Required

  • Company Secretary

Yes

Tax Treatment

  • Minimum or zero tax on capital gains, incomes, profits and dividends that accrue to the Fund.
  • Minimum or zero tax on fees, commissions and profits earned.

Duration to Set Up

Around 3 months

Distinctive Benefits of Licence

  • Minimal or no-tax status on income and profits, capital gains and dividends.
  • The commissions, fees and profits are also either liable to minimal taxation, or exempted from tax.
  • There are no exchange controls or restrictions on financial transfers that apply.

The Valsen Advantage

  • End to end comprehensive service
  • Speedy and efficient service
  • Expert advice on structuring options
  • Dedicated ongoing compliance support
  • Extensive network pool of service providers

Telephone:

+248 252 5217

[email protected]

vf-international.com