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