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Belize Offshore Company Registration - Business Setup

More Information

5 simple steps are needed to register an offshore company in Belize

 
 
Upload your documents
Your account manager will ask you for official documents which are required for your company formation.
 
Register your company successfully
Once your documents have been processed your company will be successfully registered.
 
Process any additional services
Your account manager will guide you through the steps of completing your request of additional services such as bank accounts.
 
Manage Your company via our client portal
Our client portal will give you immediate access to all your documents as well as display your company structure.
 
 

Belize Offshore Banking Options

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Belize Offshore Company Formation

Good to Know
Belize is the first offshore jurisdiction in Central America, partly thanks to its fast registry which allows incorporation in 24 hours.

Main Characteristics of a Belize Offshore Company

Company type
Limited Liability Company (LLC).
Governing corporate legislation
The Belize International Financial Service Commission is the governing authority and companies are regulated under the INTERNATIONAL LIMITED LIABILITY COMPANIES ACT, 2011.
Information published relating to company officers
There is no public register of company officers. No name is disclosed upon incorporation.
Accounting requirement
No accounting / reporting requirements.
N.B. LLC should maintain such accounts and records as necessary or desirable to reflect its financial situation.
Taxation
No Taxes of any sort.
While the company may not be liable to pay taxes, please consult with a tax/legal advisor in your country of residence, to determine your own tax liability.
Legislation
Modern offshore legislation.
Standard currency
US$
Time to form
Belize has a fast and efficient registry: company registration takes only 1-2 days (upon validation of your identification documents).
Stability
Stable jurisdiction with a very good reputation.
Communication
Efficient communication means.
Time zone
Convenient world time zone: GMT-6
Secretary required
No
Paid up capital requirement
No paid up capital requirement.
Renewal Date
Anniversary date of the company / Each Year
Basis of legal System
Under Common Law.
Minimum directors/shareholders
Minimum of 1 director/shareholder.
Bearer shares
Bearer shares are not permitted.

Documents Required

for the Creation of a Belize Company

A certified copy Certification of a passport can be made by a notary, an attorney-at-law, a bank, a public officer, or in accordance with SFM indications. Kindly consult your dedicated account manager at SFM to obtain precise information. of your passport, a certified copy of proof of domicile dated less than three months, a curriculum vitae, as well as last 3 months' bank statement. All in original.**






Frequently Asked Questions

Offshore Company Formation in Belize

  • What is the difference between an International Business Company (IBC) and a Limited Liability Company (LLC) in Belize?

    • The owners of an IBC are known as “shareholders” whose ownership percentages reflect the number of shares they own.
      It is relatively easy for a corporation to authorize additional shares, or for shareholders to transfer their shares to someone else.
    • The owners of an LLC are called “members”. Each member owns a percentage, or “membership interest” in the business.
      The ownership of an LLC is outlined in the operating agreement—other details include the percentage each member owns, how the business is run, and how the company will deal with a new or departing member. Without an operating agreement, the LLC operates according to the International Limited Liabilities Act.
  • Will my company be subject to taxes if I setup my company in Belize?

    An IBC will be subject to taxation in Belize and the percentage of tax to be paid will depend on the business activity of the company. Kindly contact us to know more. However, there are no taxes to be paid if your company is registered as an LLC in Belize.

    While the company may not be liable to pay taxes, please consult with a tax/legal advisor in your country of residence, to determine your own tax liability.
  • Is there any obligation to file accounts while registering a Limited Liability Company (LLC) in Belize?

    Yes, accounting records must be kept in Belize or the location where accounts are kept must be declared.
  • Do you assist to register an International Business Company (IBC) or a Limited Liability Company (LLC) in Belize?

    Generally speaking, we assist in registering a Limited Liability Company (LLC) in Belize.
    However, if you are interested in registering an IBC in Belize, we recommend you to contact us and our team will assist you accordingly.
  •  
  • Do I need to obtain a Tax Identification Number (TIN) for my Belize Offshore Company?

    Following the adoption of the Economic Substance Act, IBC companies incorporated in Belize need to obtain a Tax Identification Number (TIN) from the Belize International Corporate Affairs Registry. However, if you setup your company as an LLC, then a TIN number is not required in Belize.
  • Will my Limited Liability Company (LLC) be subject to Economic Substance Regulations (ESR) in Belize?

    The Economic Substance Act, was enacted to ensure improved provisions for substantial economic presence to be fulfilled by IBC companies that are registered and/or conduct business in Belize. However, if you setup your company as an LLC, then your company is not subject to ESR requirements in Belize.
  • Will my liability be limited if I register my company as a Limited Liability Company (LLC) in Belize?

    An LLC limits the liability of its members to the extent of the contributions made by them to the Company.
  • Do I need to travel at any stage to form a company or to open a bank account in Belize?

    No, everything can be processed remotely.


Belize Offshore Jurisdiction News


Enactment of the Belize Companies Act, 2022

26 September 2022
The Financial Services Commission (FSC) of Belize announced the passage of the Belize Companies Act, 2022 (No. 11 of 2022) (the Act). The Act is now law, however, only its administrative provisions are currently in force.[..]
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Top 4 best offshore bank account jurisdictions

25 May 2021
When it comes to setting up a business there are lots of things you need to consider, including choosing the right banking jurisdiction[..]
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Belize is removed from the EU Blacklist

10 March 2020
In 2017, the Eu’s ‘blacklist’ system cracked down on regimes that [..]
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* Subject to the constraints of the due diligence procedure.
** Documents must be provided for every person related to the company.
Disclaimer: Nothing on this webpage shall be construed as a contractual commitment or as a warranty. Services conditions are governed by the applicable terms and conditions.

Our Client Reviews

Our Testimonials Are Verified By Feefo, A Third Party Company

4.7 out of 5 stars customer rating
Overall Rating
96% Customer satisfaction rate, testimonials verified by Feefo.com
13-Sep-2022
Took a little longer than I expected but the service and the perceverence was verry good. I always felt that I was dealing with a trustworthy company
30-Aug-2022
Very professional and responsive for all questions.
Sorted all in a good way. Thank
29-Aug-2022
Very professional and fast company setup. Provided with consultation on best jurisdiction for the company based on requirements. Would definitely recommend SFM.
09-Aug-2022
Echanges clairs, efficaces et conviviaux. Manifestement démarche professionnelle.
01-Aug-2022
The proof of a good agent is when things don't go to plan. That's when you need these guys the most. My experience with a new company formation was not an easy one but Xenia was supportive and helpful all the way. I can recommend SFM Corporate Services with confidence
25-Apr-2022
Great attention to detail, Fast response time, High Professionalism and Excellent overall Account management. Would recommend.
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