This flowchart is issued by the IFSC and is intended to provide a high-level illustration of the logical sequence and reference point in dealing with the requirements of the Economic Substance Act, 2019 in respect of its application to IBCs and regulated entities under the law of Belize.
Belize Economic Substance Requirements
- Guidelines to satisfy the requirements of the International Financial Services Commission (Capital Requirement) Regulations, 2020 September 28, 2020
- ANNUAL CONFIRMATION OF TAX EXEMPTION FOR INTERNATIONAL BUSINESS COMPANIES WITHOUT ECONOMIC SUBSTANCE September 24, 2020
- FORM E – NON-INCLUDED AND NON-GRANDFATHERED ENTITY September 24, 2020
- GUIDELINES TO REQUEST A CERTIFICATE OF TAX EXEMPTION FOR NON-INCLUDED AND NON-GRANDFATHERED IBCS September 24, 2020
- COMPANIES (AMENDMENT) ACT, 2014 September 19, 2020
- WARNING NOTICE – CONVENTUS GROUP September 14, 2020