Fees and timelines in 2023
Fees
Incorporation costs in Year 1 amount to US$1,800 and annual company costs in Year 2 and thereafter amount to US$1,100. The average fee per Belize engagement amounts to US$8,350, which includes company incorporation, opening a local corporate bank account, and all government fees. Refer to draft invoice embedded here.
| 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 |
Click here to create your own Belize invoice
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 |
