Belize IBC registration process

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) January 25, 2010 -- There are steps tailored by authorized bodies for you to follow in the long run.

Registration process can be made easier with the help agencies specialized in handling such registration processes. These agencies prove to be very helpful in case you are very far or somehow committed and you cannot handle the process by yourself. The agency must be a company that will help in you opening a bank account necessary for the company’s registration. They can be Government or private practitioners in the field of company formation. The company must act according to Belize company formation IBC Act guidelines for such purposes.
After hiring an agency you should produce a proof of your identity to be able to get legally verified. You must submit a photocopy of your passport that will prove the relevancy of information about yourself. Details of your personal address of your place of residence including your partners must also be submitted along with the proof of identity. This is one of the most important requirements for initiating the process of company formation under to Belize company formation IBC Act

Now you need to search the name of your company at the office of the registrar at Belize which may take a day or two if there are complications. This is specially done in order to make sure that another company does not register the name you are using and there is no company registered with same name that you are thinking of. This service is absolutely free of cost.
This is now the time to register your company name. First you have to submit of a copy of the articles of association as well as the memorandum of association to the registrar than you need to submit the information about the company statutes which is defined under the business regulation act enacted in 1990. Registration of a company is chargeable and it takes two days.

The final step involves taking a trade key license from the Belize City Council. This is non-payment service and done to offer legality for the company registered under Belize company formation IBC Act. The city council will inspect and give the trade license after the payment. This is the longest process in the registration of a business in Belize. This is because though it takes a day for the application of the trade license and though this application is not charged but it will take 20 days or 3 weeks for an inspector of the council to inspect the environment where the company is situated and to ensure that, it is fit for conducting the business that you have registered.
After going through all the above processes, finally your company is ready for operation both legally and formally.

More information can be found online at http://www.cclogic.com/register-offshore-company-online/belize-company-formation.html

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