Jurisdictions

Belize

Why incorporate in Belize?

Belize (formerly British Honduras) is a scenically beautiful, independent country located on the Caribbean seaboard of Central America.

The government of Belize is fully committed to the ongoing development of Belize as a leading offshore jurisdiction. Through regular consultations with the private sector, the government ensures that its policies and legislation continue to meet the needs and interests of the international financial community in an environment which engenders trust and confidence.

The Belize International Business Company (IBC) is the most popular form of offshore corporate structure. An IBC is formed under the International Business Company Act 1990 and generally must conduct its trading and business outside Belize. However, Belize’s legislation also allows an IBC to carry on a number of activities within Belize. Belize offshore companies are used for a variety of tax planning and international investment purposes.

  • Quick and efficient incorporation. A Belize IBC can typically be incorporated within 1 – 2 days
  • Relatively low cost to incorporate when compared to other IBC jurisdictions
  • Belize Corporate legislation offers a high degree of privacy making it one of the most secure and confidential offshore jurisdictions
  • No corporate tax barring annual government fees (US$100), which must be paid by due date
  • Offshore activities are exempted from exchange control
  • Belize IBCs are not require to submit accounts, annual returns or conduct audits
  • A Company Secretary is also not required
  • Directors do not need to be present in order to open a bank account for a Belize IBC
  • The administrative capital of Belize is Belmopan, but the major commercial centre is Belize City, which is located on the eastern coastclose to the major international airport
  • A member of the British Commonwealth, the United Nations and Non-Aligned Movement
  • Enjoys a peaceful and stable democracy and a government which is committed to the economic development of the country and the encouragement of overseas investment
  • Its unspoiled environment with cays and barrier reef, make it a popular destination for eco-tourists
  • Its major exports include sugar, bananas, citrus products, fishery products, garments and timber and wood products
  • The offshore finance industry is generating an increasing proportion of national income
  • The official and spoken language is English but Spanish is widely spoken

Incorporate in Belize

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