Why a Belize Company?
Zero percent tax on corporate and personal income
Extremely private; no free public access to beneficial ownership information
Shareholders, directors and officers can reside anywhere in the world
Trusted Legal system and stable political system
A minimum requirement of one director and one shareholder
No requirement to file annual reports or financial returns
Local legislation geared towards favouring business and entrepreneurship
Jurisdiction not tainted with negative offshore associations
Belize Company Key Facts
Belize Company Tax Information
The ultimate attraction for those who incorporate a Belize company is the fact that Belize International Business Companies (IBC) do not pay corporation tax, income tax, stamp duty, asset tax, and exchange controls on any corporate or personal income derived from outside Belize.
Belize companies are not required to disclose the name or personal details of the directors and/or beneficial owners to the registration authorities therefore such details are not freely available.
Additionally, there is no requirement for the company’s books and/or audited accounts to be presented to the authorities and no annual meeting is required.
Type of Shares
Registered shares, preference shares, bearer shares, redeemable shares and shares with or without voting rights attached.
Corporate or individual
Must the Director/ Manager be resident?
Minimum paid up capital
Restrictions on trade
Cannot trade within Belize or own real estate in the jurisdiction. The company may not engage in banking, insurance related business, assurance, fund and collective investment schemes.
Type of Company
Location of meetings
It must be maintained in Belize. Additionally, each company must have a Registered Agent and Registered office in the jurisdiction, provided by a licensed service provider.
Belize Dollar (BZD).
Name of the company
The titles “Limited”, “Corporation”, “Incorporated”, “Societe Anonyme”, “Sociedad Anonima” or Ltd, Corp., Inc., S.A. must be part of the name of every Belize Business Corporation.
There is no requirement for Belize IBCs to file a tax return.
Information about corporate directors, officers, shareholders and beneficial owners are not filed with the Belize Registry nor available on public record.
Our offshore consultants are on hand 24 hours a day, 7 days a week to advise as to the potential benefits of utilising nominee services in conjunction with a Belize IBC.
Belize Background Information
Recent economic growth in Belize has been spearheaded by both trade and monetary freedom implemented by the government.
Belize has a long history of peace, stability and democracy with a political system based on the Westminster model.
The Constitution of Belize which establishes the arms of Government, the Executive, the Legislature and the Judiciary stands as the supreme law of Belize. Belize’s legal system and rule of law are firmly rooted in the English Common Law and supplemented by local legislation.
Investors are drawn to Belize for its stable and reliable political system, modern corporate regime and business friendly political stance.
The prevailing legislation governing company operation is the Belize International Business Company Act adopted in 1990. Legislation is business friendly providing significant autonomy to offshore companies in the jurisdiction.
Belize Banking Services
- High-level confidentiality – Banking privacy is reinstated by Belize statutes. Authorities have access to bank information in criminal tax matters where a court order is present only.
- Variety of payment options – With accounts in several currencies, internet banking, international wire transfers, debit and credit cards, prepaid cards, checkbooks, merchant accounts, brokerage accounts Belize bank account holders enjoy great payment flexibility.
- Low initial deposit requirements
- Full operative control– Secure Internet-banking facilities, with no need to install specific software on computers or other devices.
- Wide choice of payment cards
- No personal visits to Belize is required to open a Belize bank account.
- Free account application – The bank charges no fee for account opening.
Bank Account Requirements:
✓ Certified copy of passport
✓ Bank reference from a bank, which knows the person over 2 years
✓ Professional reference from an individual who knows the person over 2 years. If you do not have a relationships with a professional, the bank needs a second bank reference from another bank.
✓ Proof of address (original utility bill with individual’s name and residential address).