Company FormationBelize
Belize, a small Caribbean state, is located in Central America. In the north, Belize borders Mexico, in the west – on Guatemala, and its eastern borders are washed by the Caribbean Sea.
The country’s area is 22,966 sq. km, and the population is about 390,000 people (as estimated in 2019). The country’s capital is Belmopan, with a population of 13.8 thousand people. Almost half of the country’s population (about 48%) lives off the coast of the Caribbean Sea.
Belize is a well-known offshore jurisdiction that offers favorable conditions for non-residents to do business. Foreigners are subject to minimal requirements, but an exhaustive list of benefits is provided. For example, company registration in Belmopan or another Belizean city will make available to businesspeople the following benefits.
Why Registera Company in Belize?
Confidentiality
High level of confidentiality of business activities, as well as information about beneficiaries
Unrestrictive
No annual financial and tax reports are required, no audits are conducted
Openness
Openness to foreign investment
Easy to start
Quick and easy company registration process
Taxes
Preferential tax treatment
Financial sector
Highly developed financial sector
Liberal
Absence of currency control
Steps for Registering a Company in Belize
Selection of the best form of ownership for the future company. The most common company type is International Business Company (IBC).
Selection of a unique name for the new legal entity.
Collection of necessary data and documents for company registration in Belize.
Drawing up and executing the essential registration and incorporation documents.
Filing the documents for registration, followed by entering information about the new entity into the Registry of Companies.
Obtaining a certificate of incorporation of the new company in Belize.
Registration to pay taxes and mandatory social security fees.
Opening of corporate bank accounts.
Obtaining a trade license (for IBCs) or other licenses may be required for certain regulated activities.
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