World class environment for incorporation of companies
The government of Belize provides an enabling environment for private enterprise, attracting both local and foreign investors.
Located near 2 major hubs of US such as Miami & Houston, an English speaking community and easy to commute locale makes Belize the most popular offshore tax haven.
Limited Liability Companies Act 2011 regulates the Limited Liability Company formation.
An LLC name must include the words “limited liability Company” or the abbreviation “LLC”, or “L.L.C.”. The name of a limited liability company must be in Roman script. However, an LLC is allowed to use an alternative name in any other script under the condition that it represents an accurate translation of the name registered in Roman script and the alternative name is submitted to the Registrar at the time of formation. An LLC may use its alternative name in any dealings with third parties.
The International Business Company is regulated by the International Business Company Act 1990.
A company name must end with “limited”, “corporation”, “incorporated”, or “society anonyme”. Company name cannot contain the words “building society”, “chamber of commerce”, “chartered”, “cooperative”, “imperial”, “municipal”, “royal”, “connection with the government of Belize”, “assurance”, “bank”, “insurance”, “trust”, “indecent”, or “offensive”.
Corporate names that are not acceptable are:
The Memorandum and Articles of Association is the only document filed with the Belize Registrar. These documents do not include any information about corporate directors, officers, shareholders and beneficial owners. It lists only name of the Belize registered agent and Belize registered office address.
Incorporation of Belize companies can take less than a day. The processing and submission of documents will take about 2 to 4 days.
No corporate tax is levied in Belize.
Belize has changed its laws in Feb 2014, for domestic and offshore banking establishments to further bring them into conformity with rules and recommendations defined by the Caribbean Financial Action Task Force. The recommendations targeted at combating global money laundering and government corruption. With the changes and amendments in most of the laws, Belize is a very good option for establishing Trusts & for Asset Protection.
All visitors travel to Belize on a valid passport. The passport can be valid for no less than six months after the intended period of stay in Belize.Compare Jurisdictions Talk to a consultant