Intellectual Property (IP) Assets Grandfathering Certification Programme

1 Changes to Law for IBCs holding IP Assets

We would like to update you regarding Belize International Business Companies ("IBCs"), and their legal obligations regarding the holding of international property assets ("IP assets"):

IBCs shall not acquire, hold, own, or deal in any IP assets, pursuant to Section 5(4) of the International Business Companies Act, Chapter 270 of the Substantive Laws of Belize, Revised Edition 2011 (as amended by Act No. 17 of 2019). This new regime became effective on 1 January 2019, but an exemption period is allowed...

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