This is because no paid-up capital is required to register an IBC. Therefore the IBC does not need to open and fund a bank account before registration. This is completely different than in many countries of continental Europe, where new companies are required to demonstrate that they have big paid-up capitals (in their temporary accounts), before they even get registered. Not so for an IBC. Bank account opening is optional, and it can be done at any time after registration.
Belize Office Closed
Fidelity Overseas Limited has ceased doing business in Belize. We no longer offer company/trust formation and management services in Belize. We have surrendered our registered agent licenses in Belize.