Special Licensed IBCs

IBCs do not generally require licenses to operate. The following are certain business activities which would require licensing and an application to the International Financial Services Commission, the regulatory board of Belize:

  1. Formation or management of international business companies or other offshore entities
  2. Formation or management of international trusts and the provision of international trustee services
  3. International insurance services
  4. International asset protection and management
  5. International collective investment schemes (such as mutual funds, unit trusts, etc.)
  6. Money transmission services
  7. Payment processing services
  8. Trading in foreign exchange
  9. Trading in financial and commodity-based derivative instruments and other securities
  10. Money brokering
  11. Money lending and pawning or exchange
  12. Safe custody services
  13. Accounting services
  14. Brokerage, consultancy or advisory services in any of the above services