New Legislation was passed on the 14th December, 2018 relating to the IBCs of Belize that comes into effect 1st January, 2019. The main points of the laws are:

 Companies formed 16th October, 2017 and thereafter will be subject to this legislation as of 1st January, 2019 and will be required to comply with the tax requirements. Companies formed before 16th October, 2017 will be given 3 years to comply that is up to June, 2021 to comply with the tax requirement...