Belize Corporation

About Belize

Located on the northeastern coast of Central America, Belize boasts magnificent Caribbean beaches while the mainland is covered in mountains and lush tropical jungles. Belize is the only country in Latin America with English as their official language.

Inspired by the corporate laws of the British Virgin Islands, Belize corporations are governed by Law of International Business Companies Act of 1990 offering a favorable legal framework for offshore corporations. Belize is a politically and economically stable system with highly developed infrastructure, making it one of the most preferred jurisdictions for offshore services.

Prime Minister:
Johnny Briceño

Government:
Parliamentary democracy and constitutional monarchy

Economy:
Agriculture, tourism, and offshore financial services

Currency:
Belize Dollar

Capital City:
Belmopan

Population:
Less than 400,000

Language:
English, Spanish, and Creole

Members of:
Organization of African, Caribbean, and Pacific Group of States,United Nations, Commonwealth


Benefits

Setting up an offshore corporation is simply setting up a corporation in a different jurisdiction other than the home country or the country of the company’s main operations. Offshore jurisdictions typically offer better corporate and financial laws as opposed to onshore jurisdictions. The offshore industry is addressing and offering viable solutions to address the ever- changing needs of global business and banking, creating offshore entities with an array of benefits.


Characteristics


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Process

1. While many offshore jurisdictions offer similar advantages and benefits, there is no one-jurisdiction-fits all. Our advisors will discuss your needs and goals and ask you the right questions to help determine which jurisdictions are right for you.

2. Defining the objectives of the corporation will help establish which legal structure is right for you. Our advisors will assist in setting up the corporation along with any related services.

3. Choosing a local resident agent is key in establishing a well-defined foundation that adheres to local laws and offers the corporation the most protection and privacy. As this is an on-going relationship, it is advisable to set up an offshore foundation with a reputable and trusted firm.

4. Each jurisdiction will have their own set up process and set of due diligence processes. Belize requires clients to fulfill KYC (Know Your Client) by proving your identity with proof of address, as well as completing a simple form to provide the necessary information to set the corporation up.

5. Once the required documentation is received, the provider can then file the corporation deed, creating a legal entity in the public registry.

6. After the corporation is set up, clients can request any additional services such as business licenses, permits, banking etc.

7. Annual fees including resident agent and tax/maintenance fee must be paid in order to keep the corporation in good standing with the tax offices in Belize. Financial statements are required to be maintained, though filing of the statements are not required. Annual meetings must be held, anywhere in the world.

Annual fees including resident agent and tax/maintenance fee must be paid in order to keep the corporation in good standing with the tax offices in Belize. Financial statements are required to be maintained, though filing of the statements are not required. Annual meetings must be held, anywhere in the world.

Defining the objectives of the corporation will help establish which legal structure is right for you. Our advisors will assist in setting up the corporation along with any related services.

Choosing a local resident agent is key in establishing a well-defined foundation that adheres to local laws and offers the corporation the most protection and privacy. As this is an on-going relationship, it is advisable to set up an offshore foundation with a reputable and trusted firm.

Each jurisdiction will have their own set up process and set of due diligence processes. Belize requires clients to fulfill KYC (Know Your Client) by proving your identity with proof of address, as well as completing a simple form to provide the necessary information to set the corporation up.

Once the required documentation is received, the provider can then file the corporation deed, creating a legal entity in the public registry.

After the corporation is set up, clients can request any additional services such as business licenses, permits, banking etc.

Annual fees including resident agent and tax/maintenance fee must be paid in order to keep the corporation in good standing with the tax offices in Belize. Financial statements are required to be maintained, though filing of the statements are not required. Annual meetings must be held, anywhere in the world.


Our Services

Corporation
Formation

We assist with advising possible jurisdictions to suit your business needs and goals along with the incorporation process.

Continued
Support

We assist with corporation maintenance as well as providing on-going support.

Related
Services

We assist with related services such as offshore trust, foundations and offshore banking.


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