WHY CHOOSE Belize FOR YOUR BUSINESS?
Explore the unique advantages that make Belize a top choice for
global entrepreneurs and investors.
TAX EFFICIENCY
Belize offers competitive taxation on income, ensuring optimal tax efficiency.
HIGH PRIVACY PROTECTION
Strong privacy protections ensure non-disclosure of shareholder information.
SIMPLE SETUP PROCESS
Get your company up and running in just 1-2 business days.*
CENTRAL AMERICAN GATEWAY
Ideal for accessing both Latin American and Caribbean markets.
INCORPORATE YOUR COMPANY IN Belize
IN 5 SIMPLE STEPS
IN 5 SIMPLE STEPS
1
COMPLETE OUR APPLICATION FORM
2
UPLOAD DOCUMENTS
3
COMPANY GETS INCORPORATED SUCCESSFULLY
4
ADDITIONAL SERVICES ARE PROCESSED
5
MANAGE YOUR COMPANY VIA OUR CLIENT PORTAL
GET STARTED
Belize OFFSHORE
COMPANY FORMATION
COMPANY FORMATION
Taxation System in Belize
Good to Know
Belize is the first offshore jurisdiction in Central America, partly thanks to its fast registry which allows incorporation in 24 hours.
Main Characteristics
Company type
Limited Liability Company (LLC).
Governing corporate legislation
The Belize Financial Service Commission is the governing authority and LLCs are regulated under the LIMITED LIABILITY COMPANIES ACT, 2011 and any amendments thereto.
Information published relating to company officers
There is no public register of company officers. Managers, Members and Ultimate Beneficial Owners are filed with the LLC Registry after a 2023 amendment. Additionally, an Annual Attestation must be filed providing information on the current status of the Managers, Members and UBOs.
Accounting requirement
LLCs incorporated in Belize are required to maintain the accounting records for the last 5 Financial Years at the Registered Office’s address.
Taxation
According to the Belize International Limited Liability Companies (Amendment) Act, 2023, an LLC in Belize is required to pay taxes and file annual tax returns. Taxation rates vary from 0% to 19% depending on which activities the revenue comes from.
Legislation
Modern legislation accessible by both residents and non-residents. Flexible with asset protection provisions.
Standard currency
US$
Time to form
Belize has a fast and efficient registry: company registration takes only 1-2 days (upon validation of your identification documents).
Stability
Stable jurisdiction with a very good reputation.
Communication
Efficient communication means.
Time zone
Convenient world time zone: GMT-6
Secretary required
No
Paid up capital requirement
No paid up capital requirement.
Renewal Date
Anniversary date of the company / Each Year
Basis of legal System
Under Common Law.
Minimum managers/members
Minimum of 1 manager/member who may be the same person and may be a legal entity. The LLC may be manager-managed or member-managed.
Bearer shares
Bearer instruments are not permitted and the ultimate beneficial owners must be identified.
Documents Required
A certified copy
of your passport, a certified copy of proof of domicile dated less than three months, a curriculum vitae, as well as last 3 months' bank statement. All in original.**
of your passport, a certified copy of proof of domicile dated less than three months, a curriculum vitae, as well as last 3 months' bank statement. All in original.**
CUSTOMER
TESTIMONIALS
TESTIMONIALS
WHY BUSINESSES CHOOSE US FOR COMPANY FORMATION
December 18, 2024
Fast and reliable service. Account manager was responding fast and always to the spot. 
October 17, 2024
Helpful, proactive and good communication and very fast delivery of the requested service. Excellent!
September 19, 2024
Brilliant assistance, always swift and professional replies, generally speaking... happy with SFM
August 2, 2024
The service renderade was proactive, engaged and well excecuted.
READY TO SET UP YOUR Belize COMPANY?
Take the first step toward a successful business setup in Belize with trusted support every step of the way.
Start my company formation
FREQUENTLY
ASKED QUESTIONS
ASKED QUESTIONS
Have questions about starting your business with SFM? We’ve got
answers. Here’s everything you need to know about our company
formation process, pricing, and ongoing support.
-
What is the difference between an International Business Company (IBC) and a Limited Liability Company (LLC) in Belize?
- The owners of an IBC are known as “shareholders” whose ownership percentages reflect the number of shares they own.
It is relatively easy for a corporation to authorize additional shares, or for shareholders to transfer their shares to someone else. - The owners of an LLC are called “members”. Each member owns a percentage, or “membership interest” in the business.
The ownership of an LLC is outlined in the operating agreement—other details include the percentage each member owns, how the business is run, and how the company will deal with a new or departing member. Without an operating agreement, the LLC operates according to the International Limited Liabilities Act.
- The owners of an IBC are known as “shareholders” whose ownership percentages reflect the number of shares they own.
-
Is there any obligation to file accounts while registering a Limited Liability Company (LLC) in Belize?
Yes, accounting records must be kept in Belize or the location where accounts are kept must be declared. -
Do you assist to register an International Business Company (IBC) or a Limited Liability Company (LLC) in Belize?
Generally speaking, we assist in registering a Limited Liability Company (LLC) in Belize.
However, if you are interested in registering an IBC in Belize, we recommend you to contact us and our team will assist you accordingly. -
Do I need to obtain a Tax Identification Number (TIN) for my Belize Offshore Company?
Following the adoption of the Economic Substance Act, IBC companies incorporated in Belize need to obtain a Tax Identification Number (TIN) from the Belize International Corporate Affairs Registry. However, if you setup your company as an LLC, then a TIN number is not required in Belize. -
Will my Limited Liability Company (LLC) be subject to Economic Substance Regulations (ESR) in Belize?
The Economic Substance Act, was enacted to ensure improved provisions for substantial economic presence to be fulfilled by IBC companies that are registered and/or conduct business in Belize. However, if you setup your company as an LLC, then your company is not subject to ESR requirements in Belize. -
Will my liability be limited if I register my company as a Limited Liability Company (LLC) in Belize?
An LLC limits the liability of its members to the extent of the contributions made by them to the Company. -
Do I need to travel at any stage to form a company or to open a bank account in Belize?
No, everything can be processed remotely. -
Do I need to open a bank account in Belize?
In general, a Belize bank account is not required to register your company. -
How do I register a company in Belize? How long does it take to open a company in Belize?
A Belize company registration is a very swift process, which usually takes no more than a couple of days. If you’re looking for a jurisdiction where your new business can be set up very quickly, Belize could be the ideal match for you. -
What are the costs of registering a company in Belize?
Belize company registration fees can vary based on the type of business you wish to set up (IBC, LLC, etc.). And since Belize companies are required to have a registered agent with a physical address on site, the need of working with a corporare service provider such as SFM is crucial. At SFM, we believe in providing personalized support to help our clients get all the assistance they need without any unnecessary additions. Let us know how we can create the ideal experience for you and your business. -
Will my company be subject to taxes if I setup my company in Belize?
Yes, LLCs in Belize are required to file tax returns every year. -
Is there any obligation to file accounts while registering a Limited Liability Company (LLC) in Belize?
Yes, accounting records must be kept in Belize at the Registered Office’s address. -
Do I need to obtain a Tax Identification Number (TIN) for my Belize Offshore Company?
Yes, it is necessary to obtain a Tax Identification Number (TIN) for your Belize Offshore LLC Company. This identification number is required for fulfilling tax obligations, including paying taxes and filing annual tax returns. It ensures compliance with tax regulations and facilitates proper documentation and reporting of financial activities.
Still have questions?
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