The Belize IBC is governed by the Belize International Business Companies Act.
A Belize IBC is prohibited from:
- Carrying out a business activity with residents of Belize; and
- Owning real estate property in Belize.
- Holding share, stock, debt obligation or other securities in a local company.
- Issuing shares , stock, debt obligation or other securities to any person in Belize or any local company.