Belize

Belize (British Honduras until 1973) is a Central American country located on the east coast of the Caribbean Sea on the Yucatan Peninsula, bordered to the north by Mexico and to the west by Guatemala. Belize has an area of almost 23,000 square kilometres and its population is around 360,000. The official language is English, currency is Belize dollar (BZD) and the capital is Belmopan. State system is a parliamentary democracy with a mixed constitutional monarchy headed by the British monarch Elizabeth II (Queen of Belize). Belize is a member of the Commonwealth, it was a former British colony that gained its independence in 1981.

Belize is a popular offshore destination for the establishment of international business companies (IBC), keeping offshore bank accounts and additional financial services, such as insurance companies, mutual funds, foundations and trusts. Belize offers very favourable conditions for IBCs and enjoys a great interest of foreign entrepreneurs.

BASIC INFORMATION FOR ESTABLISHING A COMPANY IN BELIZE:

  • Type of Company: IBC (international business company)
  • Time to start a company: 3 days
  • Type of law: common law (as in the UK, USA, etc.)
  • Tax rate for companies: 0%
  • Obligation to file a tax return: no
  • Obligation to keep accounts: formally, yes, but does not require its submission
  • Minimum number of shareholders (partners): 1
  • Minimum number of directors (managers) 1
  • Share capital: 50,000USD by default, there is no obligation to pay it
  • Currency to denote capital: USD by default, but can be any other currency
  • Publicly available register of companies: no
  • Obligation to appoint a company secretary: no
  • Change of residence to another country: yes
  • Inclusion of the country in the OECD grey list: no
  • Venue of the General Assembly session: anywhere in the world
  • Existence of agreements on avoidance of double taxation with Slovakia and the Czech Republic: no
  • Existence of agreements on the exchange of tax information with Slovakia and the Czech Republic: no
PRICE FOR ESTABLISHMENT FIRST YEAR FOLLOWING YEARS
IBC company: € 999 € 799
IBC + full nominee service: € 1499 € 1099

The price includes all the necessary documents, courier and power of attorney for business, certified with apostil (Certificate of Incorporation, Memorandum and Articles of Incorporation, Share Register Form, General Power of Attorney, etc., in the first year of business).

ADDITIONAL SERVICES:
Changes in the company such as a change of shareholders and managers € 299
Issuance of additional copies of documents with apostil € 199
Issuance of additional copies of power of attorney with apostil € 199
Modification of the registration agent and company headquarters € 299
Issuance of a “Good Standing” certificate € 149
Issuance of a “Incumbency” certificate € 149
Courier service to deliver documents from € 70
More information is available when meeting our representative in person.
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