FEBRUARY 2016

 Important Changes in Belize Legislation

Please be informed that important amendments were made to the International Business Companies Act Chapter 270, affecting the fees of Belize Companies.

More specifically, and as per Statutory Instrument No. 11 of 2016 made by the Minister responsible of Belize International Business Companies, the license fee prescribed in section 114 of the Act - the Annual

Government Renewal Fee for Belize IBC that do not exceed $50,000 share capital – will have an increase of US$100.

Due to this recent amendment, our schedule of fees will be amended, to reflect the new fees.

Other services will be subject to increases, as well. An updated price list, will be provided to you upon finalisation.

It is important to take into account that these changes shall come into force on the 1st of April 2016, therefore, it is highly recommended to proceed with the settlement of all renewal invoices before the 25th day of March 2016, to avoid the extra amount of USD100 until January 2017.

We recommend you take the necessary actions to settle the license fees in due course, and take advantage of the time limit provided.

Should you need further assistance and/or advice, please do not hesitate to contact us.  


From the Management of

MILS CORPORATION LIMITED