Main pageLow-tax companiesBelize offshore company

Belize offshore company

In Belize it is possible to register International Business Companies (IBC). At least one director and one shareholder can register such an offshore company. It is advisable to appoint a secretary. Shareholders and directors may be both natural and legal persons, residents of any country. Shareholder and director may be one person.

Standard authorized share capital of Belize company is 50 000 dollars, divided into shares with or without par value. Authorized capital can be expressed in any currency. The minimum issued capital is one share with (or without) par value. Bearer shares are not allowed.

The word “Limited”, “Corporation”, “Incorporated”, “Society Anonyme” or “Sociedad Anonima” or the abbreviation “Ltd.”, “Corp.”, “Inc.” or “S.A.” or “A.S.” must be a part of the name of every Belize offshore IBC. “Bank”, “Insurance Company”, “Trust”, “Royal” cannot be used unless the company has a specific license.

Taxation of companies in Belize

Registered IBC is not subject to income tax in Belize, but it has to pay a fixed state fee every January. The annual fee for IBC companies depends on the authorized share capital of a company. In case of non-payment company automatically falls into a state of bad standing.

There is no withholding tax on dividends, interests, royalties, rent, compensation or other amounts paid by Belize IBC and no tax on capital gains, be it from shares, obligations or other securities.

Accounting and audit of IBC in Belize

It is not obligatory to submit financial reports and conduct audit for offshores in Belize. However, under the Companies Act of Belize International Business, it is a must to keep accounting and financial records to display full and fair financial condition of the company. Financial records can be stored at the registered office of the company.

Nominee service

For Belize companies it is allowed to appoint nominee directors and shareholders.

Opening a bank account for companies in Belize

For offshore company In Belize it is possible to open a bank account in any of our partner banks.
It is important to keep in mind that every bank account opening procedure is individual and depends on the accuracy and timeliness of information and documents provided by the client.