Belize Law services, Belize Lawyer, Real Estate

Our Services

International Services

Central Bank of BelizeGlenn D. Godfrey & Company LLP is the leader in the provision of the most comprehensive legal services associated with the International Financial Services Industry. Its highly acclaimed legal team and support staff provide a “One Stop Service” to International Clients wishing to establish international business together with all other services falling under the umbrella of the International Financial Services industry.

The legal team's expertise in this jurisdiction has been further acclaimed by the firm's international clients in the three areas of Tax Minimization, Asset Protection, and Preservation of Confidentiality.

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Intellectual Property

Belize has recently enacted excellent laws for the protection of intellectual property including copyright trademarks, patents, layout designs (topographies) of integrated circuits, industrial designs and new plant varieties. Belize is also a member of the World Intellectual Property Organization and is a signatory to numerous international intellectual property conventions.

The law firm of Glenn D. Godfrey & Company LLP offers complete and thorough counsel and assistance in the registration (if available) and protection of all types of intellectual properties in Belize. In addition, the firm provides representation associated with the protection of intellectual property rights in administrative or judicial proceedings.

Individual corporations in High-Tax jurisdictions may realize significant tax advantages by selling their Ownership of Copyrights, Patents, Trademarks, Licenses of Franchises to an offshore company usually in a single-payment purchase.

Read More about Trademarks and Patents in Belize.

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Real Estate

The firm provides comprehensive legal services in all matters concerning real estate law. Our team of attorneys and support staff have amassed decades of experience and expertise in real estate transactions including, but not limited to, Leasing, Mortgaging, Purchasing, and Selling of Property. This encompasses land for residential, commercial or industrial purposes. The firm also provides legal counsel and advice on obtaining subdivision approval, strata (condominium) titles and all other matters relating to land development and housing schemes.

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Admiralty & Shipping

Admiralty & ShippingBelize offers an extremely efficient and cost-effective Registry, The International Merchant Marine Registry of Belize (IMMARBE), with an excellent reputation for integrity and reliability.

Complementing this quality service, the firm offers efficient legal services in the drafting, preparation and registration of all documents necessary for ship registration and for matters connected therewith.

The firm also provides offshore, fiduciary, registered office/agent and shipping agent services as well as practical advice to shipping companies in all matters of shipping/admiralty law including, but not limited to, Ship Registration, Ship Financing, Ship Mortgage Registration and Ship owner's Liability.

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Immigration

Living and Working in BelizeOur law firm provides legal assistance on immigration matters, including processing of resident visa and work permits for foreign individuals wishing to work in Belize. The same service is provided to executives and technical employees of companies that require foreign personnel due to the nature of their commercial activities.

Glenn D. Godfrey & Company LLP also offers legal counsel for filing the administrative documents that are necessary, according to Belize Law, to obtain letters of naturalization - a first step in becoming a Belizean citizen.

In general we represent our clients in all types of procedures related to transactions and applications required to obtain residence status and work permits before the department of immigration and naturalization. We also provide legal counsel and advice on obtaining Qualified Retired Person (QRP) status under the Qualified Retired Person Incentives Program administered by the Belize Tourist Board.

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Banking & Finance

Glenn D. Godfrey & Company LLP has a very strong and disciplined team of Attorneys highly skilled in the areas of Banking and Finance. Belize is one of the new banking centers of the Caribbean with five operating international banks. This has allowed us to grow with the sector. Our international presence and reputation has contributed to our continuous expansion and success in this very dynamic field.

Our services cover the entire spectrum of needs any client may encounter in its process of establishing and developing a banking operation in Belize. They range from the application for banking licenses drafting loan and security documentation associated with complex financing transactions, providing legal advice for operational activities to debt collection and other contentious matters.

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Business Development & Investment

Administration Building of GovernmentOur attorneys provide legal support to corporations which, as a result of their desire to establish new commercial operations in Belize, need to negotiate contracts with governments for public bids, obtain permits to operate in the commercial free zone and export processing zones, acquire commercial and industrial licenses, secure radio and telecommunications licenses, or to conduct any other administrative transaction before the Belizean Government.

Special emphasis must be placed on the vast experience our firm has acquired in assisting export - processing industries to become firmly established in Belize. The firm assists in obtaining all the required operation permits and licenses, as well as by having clients work in close cooperation with our Labour Department to draft specialized employment contracts and other related documents necessary for a successful operation.

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Corporate & Commercial Law

Supreme Court of BelizeThe firm offers advice on a wide range of issues affecting corporate and industrial clients, many of which are foreign corporations and transnationals doing business in Belize. Our work includes preincorporation matters, company formation, corporate finance, joint ventures, mergers and acquisitions, as well as complex matters that may arise during the life of a corporation, such as shareholders' actions, enforcement of shareholders' agreements, etc. The close relationship which we usually develop and maintain with our clients also enables us to effectively advise them on legal issues that may affect overall company strategy and the conduct of business activities.

Besides our traditional corporate work, our offshore practice has sustained tremendous growth in the last decade. Our main services in this area are comprised of company formation and management, opening and managing bank accounts, commercial representation of companies and trustee services.

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Insurance

The firm offers legal expertise to insurers and the insured alike, both at home and abroad. The firm practice covers primarily Title Insurance, International Variable Life Insurance and Annuities. With its expertise in asset protection, the firm utilizes the latter products for sophisticated asset protection and tax minimization planning as well.

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Captive Insurance

Taking control of risk and risk financing are of primary importance to modern corporations, but also offers certain advantages to smaller closely-held businesses as well. Through proper risk management, risk-financing costs can be curtailed to give companies a competitive edge. The global captive insurance market has continued to thrive in the past few years, both in terms of new captive formations and new captive domiciles, and offers tremendous benefits when structuring efficient risk financing vehicles.

New captive insurers generally provide a range of coverage options for a number of industries. Most were established to provide coverage where insurance was unavailable or unreasonably priced. These insurance subsidiaries or affiliates were often domiciled international financial, generally in Bermuda or the Cayman Islands. Recognizing this trend, Belize passed the International Insurance Act Chapter 269, found under the Laws of Belize. This legislation has worldwide appeal among clients and agents who seek the risk management benefits of these captives but also see tax advantages in their application.

Advantages of Captives in Belize

  • Deductions for the parent company for the insurance premium paid to the captive
  • Numerous savings opportunities, including gift and estate savings for the shareholders and income savings for both the captive and the parent
  • Opportunity to accumulate wealth
  • Distributions to captive owners at favorable Rates
  • Asset protection from the claims of business and personal creditors
  • Access to the lower-cost reinsurance market when insuring risks that would otherwise be uninsurable
  • Risk retention when customizing the insurance coverage, and enhanced cash flow

What Glenn D. Godfrey & Company Law Firm Can Provide

Allow Godfrey Law Firm utilize their expertise in assisting you with the formation of a captive insurance company and the acquisition of the insurance license in Belize. Our experienced management and accounting staff can utilize our global network of specialists to accommodate all your needs, and even offer consultation in other jurisdictions as well.

To learn more about Belize International Insurance Act and Glenn D. Godfrey Law Firmservices feel free to view the documentation below. You can also contact us and speak with one of our specialists, contact form or by email at attorneys@godfreylaw.net You can also fax us your inquiries at: 011+501-223-3501 or speak to our main office at: +011 501.223.3530

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Belize Ship Registration

Our Firm acts as an Agent assisting clients with the compilation and preparation of required documents and information for registration. IMMARBE facilitates Provisional Registration, Permanent Registration, Dual Registration and Special Registration of vessels.

Provisional Registration may be processed and granted using copies of required documentation. This type of registration is temporary and valid for six months during which time the shipowner or his representative is expected to gather all documents necessary for permanent registration. Provisional Registration is applied for in cases where the shipowner requires registration but is not yet able to supply all required documentation for permanent registration. Vessels under construction may also apply for and be granted provisional registration under special conditions.

Permanent Registration is valid for five years and is effected immediately upon submission of all required documentation. All documents submitted must be in the English language, and if otherwise must be accompanied by an official English translation thereof. Original documents submitted must be certified by a notary public or other recognized and authorized public official who must certify the authenticity of the signature(s) appearing on the document as well as the authority of the person executing the document. Documents submitted in copy form must be certified by a notary public or other recognized and authorized public official who must certify the authenticity of the signature(s) appearing on the document as well as the authority of the person executing the document and must certify that the document is a true copy of its original.

IMMARBE also allows for Bareboat Charter Registration. Vessels may be registered as a second flag (“Charter-in”) under the terms of a Bareboat Charter Party provided that the original Registry grants its written consent. Vessels may also apply for a parallel registration in another country’s registry without affecting its status in Belize (“Charter-out”). Charter-in and Charter-out registrations may be authorized for a period of up to two years.

Vessels may also apply for Special Registration under certain circumstances such as on delivery voyage for scrap. Applying for and being granted Special Registration allows for documents to be issued with a validity of three months and automatic expiration when this period elapses. This special status does not entitle the vessel to a Deletion Certificate.

The Merchant Ships (Registration) Act, 2010 also provides for the registration of ship mortgages and maritime liens.

Applications

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Corporate Administration Solutions

Our Law Firm provides a range of corporate secretarial, administration and financial planning solutions.

Our key strengths are our people; their in-depth knowledge of various jurisdictions and extensive industry experience in developing and implementing new investment structures. We deliver the broadest range of structuring alternatives involving corporate vehicles such as companies, partnerships, and foundations. We pride ourselves on keeping abreast of the latest industry developments, so as to serve our clients better

Whether it is for international structuring requirements or fiscal planning, our team of experienced professionals is able to provide full company management services, fiduciary management, and accounting and legal support services, offering consistency across international borders. We can provide you with a single point of contact to coordinate the day-to-day management of your international entity operations and ensure clear communication across multiple jurisdictions as well as legal compliance.

Legal Compliance Solutions

With a global mindset, our global reach and domestic legal experience, we can meet compliance needs, wherever you do business. We can assist you with your global compliance needs by delivering integrated co-sourcing and outsourcing solutions for corporate income tax, indirect tax, statutory financial statements and corporate secretarial services.

  • Corporate income tax returns
  • VAT returns
  • Tax ID application
  • Other tax compliance

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