Belize is an appealing destination for company registration, renowned for its business-friendly environment and strategic location in Central America. The country offers a robust legal framework, particularly attractive to international businesses due to its International Business Companies (IBC) Act, which provides significant confidentiality and asset protection benefits. Belize's IBCs are exempt from local taxes, including income, capital gains, and stamp duties, making it a tax-efficient jurisdiction for global entrepreneurs.
Belize’s stable political environment and English-speaking population further enhance its appeal. The country’s legal system is based on English common law, which is familiar to many foreign investors.
For those looking to establish an offshore company, Belize’s modern telecommunications infrastructure and growing financial services sector are significant advantages. The country has a responsive regulatory authority, ensuring compliance and support for businesses.
Belize is a member of the Caribbean Community (CARICOM), providing access to a regional market and further opportunities for business expansion. The government’s proactive approach to economic development and business-friendly policies make Belize an attractive jurisdiction for company registration.
Manimama ensures a seamless company registration process in Belize. Trust us to provide expert guidance and support, so your business can thrive from day one in Belize. Start your journey with confidence, knowing you have the best team by your side.
Legal Opinion about Belize as a Jurisdiction for Company Formation
Ganna Voievodina
Manimama, CEO
“Belize combines ease of incorporation, tax advantages, and a supportive business environment, making it an ideal choice for entrepreneurs looking to establish a company with minimal hassle and maximum benefits. Manimama is ready to help you with business registration in Belize”.
Our Packages
Our comprehensive packages simplify the process of setting up the perfect legal entity for your business whether you are a small start-up, a non-profit company, or an international company. Let us guide you through every step, ensuring your business begins on a solid foundation.
Company Formation
- Company formation
- Registered address for the 1st year
- Annual accounting requirement bookkeeping
Annual Services
- Company renewal and registered address
- Annual Government Tax
- Mandatory Financial Beneficiary Report
Other Services
- Set of corporate documents (certified/apostille)
- Nominal service for 1 year
- Offshore banking
Key Numbers about Belize as a Jurisdiction for Company Formation
minimum 1director for a company |
up to 2 weekstimeline for a company registration |
nominimum share capital |
0%corporate income tax (CIT) rate |
100%foreign corporate ownership is permitted |
0%value added tax (VAT) |
Set up Your Company in Belize in Several Steps
Step 1. Initial setup
- Initiating a preliminary project assessment
- Preparation and filing of the package of documents
Step 2. Company registration
- Verification and reservation of the company name;
- Facilitating the notarial process for the company's official registration;
- Incorporating the company's data into the Belize Companies Registry;
- Obtaining the Certificate of incorporation from the Register, Memorandum and Articles of Association.
Requirements for Company Formation in Belize
Before deciding to set up a new company in Belize, read the information below to understand the characteristics of an International Business Company (IBC):
Shareholders: the company is required to have at least 1 shareholder, who can be an individual or legal entity.
Director: the company must appoint at least 1 director, who can be an individual or legal entity.
Company secretary: there is no requirement.
Minimum share capital: there is no minimum paid up share capital.
Legal address: the company is obliged to have an official registered office address in Belize.
Registered agent: appointment of a local registered agent is compulsory.
Liability: limited to the amount of capital they have invested in the company through their shares.
Accounting: no financial reporting and auditing requirements to non-resident IBC companies. But if the company falls under the substance and is recognized as a resident of Belize, reporting is mandatory. In addition, an IBC is required to submit an annual return.
Taxes in Belize
There is no CIT in Belize for an IBC.
Personal income tax (PIT)- Individuals who are earning more than $26,000 (approx. €24,005) in a year are charged a flat tax rate of 25%.
- Those who are employed and reside in Belize and whose total income per annum from all sources is less than $26,000 (approx. €24,005) are exempt from this tax.
There is no VAT in Belize for an IBC.
Double taxation avoidance agreements in Belize: Antigua, Dominica, Grenada, Guyana, Jamaica, St. Kitts/Nevis, Saint Lucia, St. Vincent, Trinidad & Tobago, Switzerland, United Arab Emirates, United Kingdom.
Start Your Company Formation Process with Manimama
There are numerous reasons why Manimama is the leading company formation agent in Belize:
Expertise in Regulations of Belize
- 1. Manimama has an in-depth understanding of Belize's legal and regulatory framework.
- 2. Our team ensures all legal requirements are meticulously met for a seamless company formation process.
Local and International Experience
- 1. With extensive experience in both local and international markets, Manimama can cater to a diverse range of business needs.
- 2. Our expertise spans various industries, providing customized solutions for each client.
Efficient and Timely Service
- 1. We pride ourselves on our swift turnaround times, ensuring your company is registered promptly.
- 2. Our efficient processes minimize delays and get your business up and running quickly.
Client-Centric Approach
- 1. Manimama prioritizes customer satisfaction by offering personalized support and guidance.
- 2. Our dedicated team is always available to address any concerns and provide expert advice.
Robust Network of Local Partners
- 1. We have established strong relationships with local authorities, banks, and service providers.
- 2. This network ensures that your business receives the best possible support and resources.
Ongoing Compliance Support
- 1. We provide continuous support to ensure your business remains compliant with laws of Belize.
- 2. Our team keeps you updated on any regulatory changes that may impact your company.
Frequently Asked Questions
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What are the main types of business entities available in Belize?The primary business entity for international investors is the International Business Company (IBC). Other options include limited liability companies (LLCs), partnerships, and sole proprietorships.
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What is an International Business Company (IBC)?An IBC is a type of offshore company that offers significant tax advantages and confidentiality. It is commonly used for international trade, asset protection, and investment activities.
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What are the benefits of registering an IBC in Belize?Benefits include tax exemptions, privacy and confidentiality, no minimum capital requirement, fast incorporation process, and no requirement to file annual returns or financial statements.
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What is the minimum share capital required for an IBC in Belize?There is no minimum share capital requirement for an IBC in Belize.
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Are there any residency requirements for directors or shareholders of a Belize IBC?No, there are no residency requirements. Directors and shareholders can be of any nationality and reside anywhere in the world.
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Do I need a local address to register a company in Belize?Yes, an IBC must have a registered office address in Belize, which is typically provided by a registered agent.
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Are the details of the directors and shareholders publicly accessible?No, the details of directors and shareholders are not disclosed to the public, ensuring a high level of privacy and confidentiality.
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Can a single person register a Belize IBC?Yes, a single person can act as the sole director and shareholder of a Belize IBC.
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Are there any taxes imposed on a Belize IBC?Belize IBCs are exempt from all local taxes, including income tax, capital gains tax, and stamp duty.
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Can a Belize IBC conduct business within Belize?A Belize IBC is primarily intended for international business and is restricted from conducting business with Belize residents or owning real estate in Belize.
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Do I need to visit Belize to register a company?No, you do not need to visit Belize. The entire incorporation process can be handled remotely through a registered agent.
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What is the role of a registered agent in Belize?A registered agent handles the incorporation process, provides the registered office address, and ensures the IBC complies with local regulations.
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Is there a requirement for an IBC to have a company secretary?No, there is no requirement for a Belize IBC to appoint a company secretary.
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What are the advantages of Belize’s legal and regulatory framework?Belize offers a stable legal system based on English common law, a flexible regulatory environment, and strong privacy protections, making it a reliable jurisdiction for company registration.
Client Feedbacks
“Special thanks for attention to detail and human attitude. I recommend Manimama OU to anyone looking for quality legal assistance”.
“I am very satisfied with the services provided by the Manimama OU”.
"The result exceeded my expectations and I am truly grateful for the help I received”.
Manimama as the Best Solution for Your Company Formation in Belize
By choosing our company formation service in Belize, you are partnering with a law firm that values integrity, expertise, and client satisfaction. Let us help you set up your company in Belize and pave the way for your business success.
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