Fees and timelines in 2023
Fees
The average fee per Belize engagement is outlined in the table below. These fees include company incorporation, opening corporate bank accounts, project management and all government fees:
| Different Belize entity types | Cost | Draft invoice |
|---|---|---|
| Tax resident LLC | US$8,350 | View invoice PDF |
| International business company | US$7,300 | View invoice PDF |
| Branch of a foreign company | US$9,500 | View invoice PDF |
| Representative office | US$9,700 | View invoice PDF |
| Trust | US$13,300 | View invoice PDF |
| International foundation | US$11,500 | View invoice PDF |
| Pass through company | US$8,150 | View invoice PDF |
| Limited partnership | US$8,550 | View invoice PDF |
| Free zone company | US$11,300 | View invoice PDF |
| Tax resident 250 company | US$10,350 | View invoice PDF |
| Licensed forex trading company | US$27,700 | View invoice PDF |
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Timelines
The average Belize company registration period is 11 weeks as outlined below:
| Service | Offshore company | Pass through company | Local LLC | EPZ company | Limited Partnership | Branch | RO | Trust | Foundation |
|---|---|---|---|---|---|---|---|---|---|
| Engagement Planning | 1 week | 1 week | 1 week | 1 week | 1 week | 1 week | 1 week | 1 week | 1 week |
| Company Incorporation period | 1 week | 1 week | 4 weeks | 4 weeks | 4 weeks | 4 weeks | 4 weeks | 3 weeks | 3 weeks |
| Bank Account approval | 4 weeks | 4 weeks | 4 weeks | 4 weeks | 4 weeks | 4 weeks | 4 weeks | 4 weeks | 4 weeks |
| Internet Banking approval | 2 weeks | 2 weeks | 2 weeks | 2 weeks | 2 weeks | 2 weeks | 2 weeks | 2 weeks | 2 weeks |
| Engagement completion | 1 week | 1 week | 1 week | 1 week | 1 week | 1 week | 1 week | 1 week | 1 week |
| Total engagement period | 9 weeks | 9 weeks | 12 weeks | 12 weeks | 12 weeks | 12 weeks | 12 weeks | 11 weeks | 11 weeks |
