How Belize Supports Digital Nomads and E-Commerce Businesses
Belize has become an attractive destination for digital nomads and e-commerce entrepreneurs, thanks to…
Belize Company Formation
Register a company in Belize in 1-2 days with tax benefits, strong privacy protections, and dedicated assistance for a hassle-free setup.
Benefits
Register a Company in Belize
100% foreign ownership is allowed
Suitable structure for various purposes: holding investment, commercial trade, professional services, or technology development.
Fast and simple formation process with affordable renewal fees.
Efficient process of changing directors/shareholders without being physically present in Belize.
Robust privacy protection of shareholders, directors, and beneficial owners
Belize Company Formation Packages
Basic
US$590Annual Renewal: USD 750
- • Unlimited Name Availability Check: Ensure your chosen company name is unique and available.
- • Document Preparation and Filing: All necessary documentation is prepared and submitted on your behalf.
- • Expedited Incorporation Process: Company incorporation completed efficiently.
- • One Year of Secretarial Services: Comprehensive company secretarial support for one year.
- • One Year Registered Agent and Address: Provision of a local registered agent and address for one year.
- • All Government Fees Included for One Year: Covers all government-related fees for the first year.
- • Digital Corporate Documents: Receive all essential corporate documents in digital format.
This Package includes everything for a foreigner to set up a new Belize Limited Liability Company (LLC) from start to finish.
Standard
US$670Annual Renewal: USD 750
- • Everything in the Basic Package: Includes comprehensive services for setting up a Bahamas International Business Company (IBC).
- • Bank Account Opening: Assistance with opening a bank account.
- • One-Time Application Fee: Covers the application fee for one bank account.
- • Bank Account Introduction: Introduction service to any bank on the supported list.
- • Certificate of Incumbency: Provided if required.
Premium
US$750Annual Renewal: USD 750
- • Everything in the Standard Package: Includes all the comprehensive services provided in the standard package.
- • Premium Banking Support: Enhanced support for bank account services.
- • One-Time Application Fee: Covers the application fee for up to 5 banks or until the account is successfully opened, whichever comes first.
- • Consulting on Alternatives: Expert advice on suitable alternatives if the initial application is not approved.
- • Remote Bank Account Opening: Facilitates opening a bank account remotely.
- • Fast Response: Prompt assistance available even on weekends.
- • Frequent Updates: Regular updates on the bank account opening process to keep you informed.
Offshore Company Incorporation Process
KYC Documents Checklist
KYC documents are essential to verify the identity of individuals and corporations in Belize. Below, you’ll find a list of the required documents.
The following proofs are required for all company members including Directors, Shareholders, Ultimate Beneficial Owners (UBOs), and Contact persons.
- A certified true copy (scanned version) of the passport (valid for at least 6 months)
- A certified true copy (scanned version) of driver's license or national ID
- Bank reference letter & professional reference letter (minimum 3-year relationship), must be dated within the last 6 months and include the contact details of the issuer
- A Curriculum Vitae (C.V.), resumé, or LinkedIn profile
To establish the identity of a corporation or entity, it is necessary to provide company documents and proofs of its members.
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Frequently Asked Questions
How do I register an offshore company in Belize?
To register an offshore company in Belize, you must choose a unique company name, appoint
at least one director and one shareholder, and submit the required incorporation documents to
the Belize International Financial Services Commission (IFSC). The process typically takes one
to two business days, making Belize one of the fastest offshore jurisdictions for company
formation. Offshore companies must also have a registered agent and a local office in Belize to
comply with legal requirements under the Belize Companies Act.
What are the benefits of registering an offshore company in Belize?
Belize provides a tax-neutral business environment with no corporate income tax, capital gains
tax, or withholding tax for offshore entities. Companies benefit from full foreign ownership,
strong confidentiality laws, and no foreign exchange controls. Belize’s incorporation process is
one of the fastest globally, and the legal framework ensures asset protection and operational
flexibility. The country’s offshore sector is regulated by the Belize Companies and Corporate
Affairs Registry.
What types of offshore companies can be formed in Belize?
Belize offers both International Business Companies (IBCs) and Limited Liability
Companies (LLCs). An IBC is commonly used for international trade, asset protection, and
investment holding, while an LLC provides liability protection and operational flexibility, making it
ideal for joint ventures, real estate investments, and private wealth management. Both company
types are governed by the Belize International Business Companies Act and the Belize LLC Act.
What documents are required to register an offshore company in Belize?
To incorporate a company, the required documents include a passport copy for each director
and shareholder, proof of address such as a utility bill or bank statement, details of the company
name and business structure, and the Memorandum and Articles of Association. Belize law
mandates that all offshore companies must have a registered agent, as outlined by the Belize
Companies and Corporate Affairs Registry.
Do Belize offshore companies have to pay taxes?
Belize IBCs and LLCs are fully exempt from corporate income tax, capital gains tax, and
withholding tax, provided they do not conduct business within Belize. However, business owners
should comply with tax laws in their home country. Tax exemptions are protected under the
Belize International Business Companies Act and the Belize LLC Act.
Are bearer shares permitted in Belize?
No, bearer shares are not permitted. All shares must be registered in the name of the
shareholder in compliance with international anti-money laundering (AML) regulations and the
Belize Companies Act.
What is the renewal process for an offshore company in Belize?
Offshore companies in Belize must renew their registration annually by paying a government
renewal fee and ensuring compliance with company regulations. The renewal process is
handled through the Belize Companies and Corporate Affairs Registry, which oversees
company filings and corporate maintenance.
Does Belize impose taxes on offshore companies?
No, Belize IBCs and LLCs are not subject to corporate tax, income tax, capital gains tax, or withholding tax, provided they do not conduct business within Belize. This tax-free status is guaranteed under the Belize International Business Companies Act and the Belize LLC Act.
Are there foreign currency restrictions in Belize?Â
There are no foreign currency restrictions, allowing offshore companies to transact in any currency without limitations. Belize operates a stable financial system, with the Belizean dollar pegged to the US dollar, making it a reliable jurisdiction for international business. The country’s financial sector is regulated by the Central Bank of Belize.
What are the annual compliance requirements for a Belize IBC or LLC?
A Belize IBC or LLC must maintain a registered agent and a registered office in Belize, pay an annual renewal fee, and keep internal company records. Offshore companies are not required to file annual financial statements or undergo audits unless engaging in regulated activities such as banking or insurance. Compliance is monitored by the Belize International Financial Services Commission (IFSC).
Is there a requirement to file annual financial statements?
No, Belize offshore companies are not required to file annual financial statements or tax returns. However, companies should maintain internal records for potential regulatory requirements, particularly if engaging in international transactions or banking.
Is it possible to open an offshore bank account for a Belize IBC or LLC?
Yes, Belize IBCs and LLCs can open offshore bank accounts in major financial centers, including Switzerland, Singapore, Hong Kong, and the Caribbean. Belize also has a
well-developed banking sector that offers multi-currency accounts, online banking, and strong confidentiality protections. Banks operating within Belize are regulated by the Central Bank of Belize.
What documents are required to open a bank account for a Belize offshore company?
Most banks require a Certificate of Incorporation, Memorandum and Articles of Association, a resolution appointing authorized signatories, passport copies of directors and shareholders, proof of address, and a business plan or nature of business statement. Compliance documents such as Know Your Customer (KYC) and anti-money laundering (AML) records are required under the regulations set by the Central Bank of Belize.
Can a Belize IBC or LLC open a bank account remotely?
Yes, many offshore banks allow Belize IBCs and LLCs to open accounts remotely without requiring a physical visit. The process varies by bank but generally involves submitting notarized or apostilled documents, video verification, or an introduction from a corporate service provider. Some banks may require a reference letter from an existing financial institution to complete the onboarding process.
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