Belize flag

Belize


Belize is a well-known offshore jurisdiction that offers favorable conditions for doing business for non-residents. Foreigners are subject to minimum requirements, but a comprehensive list of benefits is provided. For example, registering a company in Belmopan or another city in Belize will provide businessmen with the following advantages.

  • Advantages of registering a company in Belize
  • The decision to register an offshore company in Belize can open up the following advantages:
  • Openness to foreign investment;
  • High level of confidentiality of business activities, as well as information about the beneficiaries;
  • Quick and easy company registration process;
  • Preferential tax treatment;
  • Developed financial sector;
  • Lack of exchange controls.

  • Forms of doing business in Belize
  • If you decide to register a company in Belize or otherwise establish your business presence, you can do so in one of several forms:
  • A limited liability company is a type of company in which the liability of the participants is limited only to the amount of their contributions to the company. The company is suitable for those who plan to do business with residents of the country. To create this company, one shareholder is enough, as well as the authorized capital of 1 dollar.
  • Offshore company (International Business Company, IBC) is a company that is suitable for doing business abroad. At the same time, IBC receives tax and customs benefits, being exempt from all payments of this kind. Any person, including non-residents, can create this type of company. Formally, even a share capital of 1 dollar is enough to create this legal entity, but in fact it is customary to declare a share capital of 50,000 dollars. Payment of the authorized money during company registration is not mandatory.
  • Trust - non-residents can create trusts in Belize for asset protection, wealth management and investments. Non-residents can transfer to the trust all assets located abroad. A non-resident must administer the trust.
  • A branch is an option available to a foreign company to start and conduct business in Belize, but without significant initial investment. This is a simplified implementation option that requires only a simple registration procedure. The parent company will bear full responsibility for the activities of the branch.
  • A representative office is an option that is also intended for foreign legal entities that do not plan to conduct business in Belize, but want to explore local markets. It is also possible to promote services and goods through a representative office. The foreign parent company will be liable for any debts or obligations incurred.

  • Belize Company Registration Process
  • If you want to open a business in Belize, the process will be divided into the following steps:
  • Choosing the best form of ownership for the future company.
  • Choosing a unique name for the new legal entity.
  • Collecting the necessary data and documents for registering a company in Belize.
  • Preparing and executing the main documents for registration and incorporation.
  • Submitting the registration documents, followed by entering information about the new entity in the Commercial Register. Obtaining a Certificate of Incorporation for a New Company in Belize.
  • Registration for Tax and Social Security Payments.
  • Opening Corporate Bank Accounts.
  • Obtaining a Trade License (for IBC) or other licenses may be required for certain regulated activities.
  • Regulatory Environment and Business Taxation


    • The Tax System in Belize

  • Belize legislation is based on English law and provides many opportunities for foreign investors. Local legislation does not contain any restrictions for non-residents, but on the contrary, offers tax and customs relief. It is even possible to register and conduct business here remotely. For non-residents, there are no restrictions on ownership of real estate and other assets in this jurisdiction, except when non-residents register an IBC (such a company cannot own real estate in the country). Income received abroad is not subject to taxes, including corporate tax.

    • How our experts can help


    Let's say you are considering establishing or purchasing a company in Belize. In this case, the lawyers of "Smart Startup UK" are ready to put this option into practice by providing legal support for the following aspects of business registration in Belize:

  • Request and collect all the data and documents for opening a business in Belize;
  • Choose the name and in the interests of the client, all negotiations are conducted by us with local authorities and banks;
  • Arrange the legal address, accounts and employees, as well as all the necessary documents for applying for the future company;
  • Provide comprehensive legal support for the further functioning of the new legal entity in Belize.


    • The portfolio of specialists of "Smart Startup UK" is formed by more than 8,000 cases in the field of registration and support of international business. Our lawyers will apply this experience to the goals of your project.


    CREATE A COMPANY


  • Company name check and reservation
  • Company registration, including government fees
  • Obtaining an administrative identification number
  • Registering the company with government agencies
  • Writing a company charter
  • A set of company charter documents in electronic form
  • Bank deposit for the company's authorized capital
  • Obtaining a foreign investment permit
  • Opening an account at: Caye International Bank, Central Bank of Belize
  • Opening a personal bank account
  • Apostille and translated corporate documents
  • Obtaining a residence permit
  • Free consultation
  • Assistance with online trading and opening an account at viva.com for online trading
  • Accounting services - 12 months
  • Accounting services
  • Annual renewal 1000 Euro (paid from the second year)

    • *Within 35 days


    IMPORTANT! We can provide you with the initial share capital (if the amount is over 5000 Euro) for registering your company in the form of a loan from our company. Please, if you are interested, make an inquiry to us.


    What is the procedure!

    1. You submit an application for company registration through the application form.

    2. We check whether the company name for registration is free and eligible for registration.

    3. Choose a bank that meets your company's needs from a list of Smart Startup UK partner banks.

    4. We send you a proforma invoice for payment to be paid to our bank account + the amount for the initial capital of your company.

    5. You receive all the necessary company documents for reconciliation.

    6. You receive details of your newly opened bank account.

    7. Within the specified period (for Belize it is 35 days) you receive all the services included in the package.

    8. You can manage all the services included in the package through our platform, as our team works 24/7 and you can get help from us within up to 30 minutes. We have built an internal ticket system for our customers, through which we process each of your support requests.


    All services such as management, accounting, bank account opening requests, licensing, tax return filing, tax payment and more are carried out through your account on our platform, making it easier to manage your business!