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COMPANY IN BELIZE
Opening a business in Belize is a guarantee of reliability, good reputation, and access to the world market. As the heir to the empire, Belize has permanent double taxation treaties with 146 countries.
How the application to Cortax works
Company registration in Belize
Setting up a business in Belize is an easy opportunity to enter the US market. Due to the simple registration and loyalty of the Belizean authorities, your company will quickly gain momentum and be able to cooperate with eminent US companies.
The Caribbean region is known not only for its tropical climate and island aesthetics, but also for its craving for freedom. This is especially notable in Belize, a country that is very popular with foreign investors and entrepreneurs. Company registration in Belize is a good alternative to traditional Seychelles and other offshore regions.
The advantages of registering a business in Belize are as follows:
- unique location. Focus on the US market, in contrast to other offshore companies that are aimed at Europe and Asia;
- lowest tax burden;
- loyalty of the authorities to business.
Registration of a company in Belize can be a beneficial option for both start-ups and large organizations seeking to expand their sales and be present on the American continents. A noteworthy fact is that documents can be submitted remotely, and Cortax can help with this.
Which form of the company is it better to open?
An IBC is the most popular organizational and legal form for foreign business; it represents a classic offshore structure. Strengths of the IBC are as follows:
- private register of owners;
- either individuals or legal entities can be founders;
- no obligation to disclose financial statements.
We recommend to consider an Ltd — a form similar to a limited liability company, if you are not going to conduct international activity but focus on the local activity in the US market instead. This organizational and legal form of doing business does not feature advantages of the IBC, but it has a better reputation among the US partners and counterparties.
What documents are required?
Very few documents are required to register a company in Belize. Individuals will need to prepare a passport (or other ID) copy, while legal entities will need a certificate of registration and constituent documents. As a result, you will receive the following set of documents:
- Registration certificate;
- Company charter with apostille;
- Resolution of the members;
- Document on the first distribution of shares;
- Share certificate;
- Registers of directors and shareholders.
Our mission is to help you translate the documents and choose the best form of doing business in Belize. Our services can be obtained remotely – you do not need to visit our office and waste your time on other related actions.
Specifics of taxation in Belize
The IBC is exempt from most tax liablities in Belize. An entrepreneur does not have to pay taxes on profits, dividends, capital gains, and property. There is also no obligation inheritance or gift taxes. As such, Belize can be considered an offshore zone, where an LTD can be established to work on the US market only.
If you are interested in expanding your business overseas or seeking to start a business in the US, then registering a company in Belize is a very beneficial solution for your start. Cortax will help you find the best company structure and translate all the necessary documents.
The price for registering a company in Belize
- Company registration From €1,200
- Annual renewal from €1,100
- Apostilled extract from the register from €350
Opening a bank account for a company in Belize
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WHEN OPENING A COMPANY IN BELIZE, WE RECOMMEND TO OPEN ACCOUNTS WITH THE FOLLOWING BANKS, BUT OTHER BANKS ARE ALSO POSSIBLE AT THE CUSTOMER’S REQUEST
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Atlantic Bank
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Caye