whats the difference between a belize IBC and an LLC

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IBC = International Business Company most often the term used in regards to offshore companies setup for instant in Belize, Seychelles, St. Kitts etc.

The legal question in this I can't answer but for sure it's much more difficult to access information and assets in a IBC compared to a local LLC, Ltd etc.
 
If you are going for a company in Dominica you may be good in regards to protection.

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same same.. Belize and Seychelles have the status of a IBC unless you do business locally.

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