Valsen Corporate

Belize Forex Broker License

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