HOMECONTACT INFORMATION

 

 

 

 

 

 

 

 

 

 

Belize Company Formation

If properly structured, Belize company formation is a straightforward, tax-efficient way to conduct international business. The following information will help you determine whether Belize company formation is the optimum corporate structure to fulfill your international business objectives.
 
l
Healy Consultants Phone Call Us
(+65) 6735 0120
Healy Consultants Phone Email Us

Image shot for Belize Company Formation

 

 

Belize flag

FEES SCHEDULE

Year 1 incorporation US$ 1,900*


Year 2 onwards
US$1,100*


Nominee shareholder/director
US$1,800**


Company de-registration
US$1,450


* Depending on corporate structure and professional services required.

**Excludes US$1,100 refundable deposit.


Advantages of Belize Company Formation
 
1.
Belize company formation has no minimum paid-up capital requirements. Belize company formation is cost effective and straightforward, with low government business registration fees. The annual government fee is US$100 for an IBC whose authorised capital does not exceed US$50,000. For an IBC whose authorised capital exceeds US$50,000, the annual fee is US$1,000.
 
2.
In accordance with the Belize Income and Business Tax Act, the international profits of a properly structured Belize IBC are legitimately tax-exempt. There are no dividends tax or taxes on other distributions paid by the company to non- residents of Belize. There are no capital gains taxes. Because Belize is a trading jurisdiction in its own right, with a diversified economy, it is not perceived as a tax haven.
 
3.
A Belize International Business Company (IBC) is commonly used by international entrepreneurs to hold real estate assets outside Belize, or to collect commissions, royalties or dividends.
 
4.
A minimum of one shareholder and one director is required for Belize company formation. The shareholder and director can be the same person, and are not required to be residents of Belize. Corporate shareholders, directors are permitted.
 
5.
Belize committed to complying with OECD guidelines in 2002 but remains on the Organisation for Economic Cooperation and Development (OECD) ‘grey list’. The OECD judges Belize to have not yet implemented legislation to enforce compliance; nor does Belize comply with the Financial Action Task Force (FATF) either.
 
6.
Following Belize company incorporation, an IBC is not required to submit annual tax returns or audited financial statements.
 
7.
Belize provides a stable business climate for investors, as the exchange rate has been fixed for more than 30 years. In addition, Belize enjoys preferential treatment for trade in certain commodities with the Caribbean Common Market, USA, the European Community, and Canada.
 
8.
It is easy to open global corporate bank accounts to support Belize company formation. Healy Consultants works with internationally recognised banks such as HSBC, Standard Chartered and Citibank to provide corporate bank account services.
 
Disadvantages of Belize Company Formation
 
1.
Information on shareholders and directors is not available for public inspection following Belize company formation.
 
2.
Foreign investors planning to use their IBCs for merchandising, real estate, insurance, transport, tourism, accounting and legal services, require a special license from the Belize government. Belize is less than positively ranked as the world's 71st freest economy in the Heritage Foundation's 2011 Index of Economic Freedom, a measure of freedom enjoyed in business, trade, monetary, financial, investment and labour markets. This moderately free ranking is an improvement from 79th place in 2010.
 
3.
According to the IBA Anti-money laundering forum, there is limited anti-money laundering legislation in place in Belize.
 
Contact Us
 
For more information on Belize company formation, contact email@healyconsultants.com or telephone us at (+65) 6735 0120.
 
Back to Home page.
 


Buy the Healy Consultants' Asia Business Set Up book. To order, contact email@healyconsultants.com or telephone (+65) 6735 0120

 

 

BELIZE NEWS

How To Retire In Belize

Starting a Business in Belize

Ease of Doing Business in Belize

Healy Consultants Facebook

Healy Consultants Linkedin

Healy Consultants Twitter

 

 

 

 

 

Share Healy Consultants

© 2003-2012 Healy Consultants Pte Ltd
Offshore Company Formation Specialists