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Tax Engineering

Company in Belize IBC LTD or INC

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Why do I need an offshore company in Belize? If you perform e-commerce operations and import or export activities, you could easily reduce the payment of your taxes, eliminate the existing bureaucracy in your country of residence and protect your business from any possible lawsuit.

Reference: IBC05996BZ

$2352

Offshore company formation in Belize

Registering an offshore company in Belize for non-residents is a simple and fast procedure. Belize is a modern country where a commercial register is not available for public and does not offer information to third parties. It is considered one of the best financial centers of the Caribbean with a 0% tax rate applicable to the companies that don’t carry out any activity in the territory of Belize and don´t work with local companies.

An offshore company in Belize can be used in multiply ways, such as: using the company for various types of businesses that do not require a license, being owners of offshore foundations in any country in the world, creating a Trust, creating financial licenses, registering vessels and aircrafts.

Advantages of registering an offshore company in Belize

The main advantages of registering an offshore company in Belize are the following: 

  • The name of a Belizean company can be expressed in any language taking into consideration the Copyright regulations and other similar names that were taken to register other companies in the same country.  Among the most commonly used abbreviations are: SA, INC, CORP, LLC and LTD.
  • The Belizean companies can be registered with one director and a shareholder, who can be the same person representing both positions. At the same time there are no limits on the number of directors and shareholders inscribed in the register of the company.
  • Belize's commercial registry and registration requirements do not discriminate against the nationality or origins of directors nor shareholders.
  • The Belizean company can issue nominative or bearer shares. The minimum share capital is equal to 1 USD and it can be paid in Euros, Pound Sterling, US $ Dollar, Australian Dollar, Canadian Dollar and etc. Also there is no obligation to pay out any other amount when registering a company. 
  • The commercial registry of Belize is not public which means that there are no records of the directors and shareholders exposed for the knowledge of third parties.
  • Belizean offshore companies are not obliged to pay any local taxes as long as they do not carry out any type of commercial activity on the territory of the country. Also if the company develops a commercial activity together with any other local company, its status will be changed from offshore to onshore and it will be forced to pay taxes.
  • The cost of maintaining an offshore company in Belize is very economical, 895 euros per year.
  • Through a Belizean offshore company it is possible to create holding companies abroad or create the schemes where a parent company creates a holding company in Belize.
  • The commercial register of Belize allows the shareholders to set up a company only for a specific purpose and, once the objective is fulfilled, change its activity. These types of companies are known as Limited Duration Companies (LDC). Belizean companies can carry out any type of activities: intermediation in import/export, stock market investments, FOREX, real estate and etc.
  • Belize is a politically stable country.
  • A Belizean company can easily become a Trust or Trust.
  • An offshore company in Belize can own a bank account in Belize or in any other country.
  • Belizean offshore companies are not obliged to present the annual accounts of the company but it is advisable to prepare them annually. Nor are they required to submit audits.
  • Offshore companies can be owners of tangible and intangible assets anywhere in the world, not only in Belize, and establish business relationships with any physical person or legal entity.
  • The company cannot buy housing on the territory of Belize for its own use but it can rent properties to others.
  • Setting up a company in Belize helps to protect your assets against lawsuits in other countries.
  • Due to modern infrastructures in telecommunications a Belizean offshore company can become perfect tool to carry out electronic commerce activities. 

Characteristics of offshore company in Belize

General information
Type of Company
IBC
Type of Law
Civil law
Shelf company availability
Yes
Time it takes to set up a new company
10 days
Government fees (excluding taxation)
US$100
Corporate Taxation
Nil
Double Taxation Treaty
No
Share capital or equivalent
Standard currency
US$
Allowed currencies
Any
Minimum paid up capital
No minimum required
Usual authorized capital
US$50,000
Directors
Minimum number
One
Local required
No
Corporate Directors Permitted
Yes
Publicly accessible registry records
No
Location of meetings
Anywhere
Shareholders
Minimum number
One
Shares
Bearer and registered shares
Publicly accessible registry records
No
Location of meetings
Anywhere
Company secretary
Required secretary
Optional
Local or qualified secretary
No
Accounting and audits of the company
Requirements to prepare
Yes, but not obligatory to present it
Audit requirements
No
Requirements to file accounts
No
Publicly accessible accounts
No
Other
Requirement to file annual return
No
Change in domicile permitted
Yes


* Incorporation of an offshore company in Belize with a bank account in the name of the company without a physical presence in the country. All arrangements will be made through e-mail and / or certified mail.

  •  
    in Belize
  •  
    notarized and apostilled in English end Spanish
  •  
    in EUR, US $ or GBP on behalf of the company with online banking included
  •  
    in the name of the company
  •  
    for 1 year
  •  
    for 1 year
  •  
    for 1 year
  •  
    for 1 year
  •  
    995 euros
  •  
    by UPS or DHL to any part of the world
  •  
    Certified by a notary or notary public
  •  
    Certified by a notary or notary public
  •  
    Electricity, water, gas, telephone or bank statement
  •  
    In English
  •  
    Business letter of recommendation from a lawyer, accountant or tax advisor.

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FINANCIAL SERVICES

Offshore Company

Bank accounts

Prepaid cards

E-commerce package

Payment gateway

Online gambling license

Private foundations