Regulatory Alerts2024-01-31
Added · Updated
Administrative Strike-Off of Companies Pursuant to Belize Cabinet Brief and Press Release
The Financial Services Commission of Belize has initiated the administrative strike-off process for companies that failed to re-register under the Belize Companies Act, Act No. 11 of 2022. Following Cabinet approval in November 2023 and the expiration of a twelve-month compliance window, the Commission's Director General, acting as Registrar of Companies, is authorized to remove these non-compliant entities from the official register. Struck-off entities may apply for restoration under section 222 of the Act, while the public is reminded to monitor ongoing regulatory obligations and updates regarding the strike-off procedure.
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