Belize

Belize

Belize is one of the most dynamically developing zones in Central America. If you deciding to open a Belize company, you can call our experts for legal assistance!

Belize is a classic jurisdiction, where registered companies are fully exempt from taxes, if they do not operate in Belize.

Set up a company in Belize without personal presence - advantages:

  1. Remote registration of business in Belize requires exemption from payment of taxes - regardless of where the income was received.
  2. No taxes for open companies, that do not operate in Belize.
  3. Belize has created optimal conditions for entrepreneurs that can open a company in Belize in any type of business.
  4. The financial services is well developed in this country.
  5. Director’s or shareholder’s personal data is in a closed register (third parties do not have access to this information without the appropriate decision of the local court).
  6. The founders may issue shares for an amount exceeding the real value of the enterprise’s assets
  7. The legal arrangement is based on British law, which attracts investors who decided to set up a company in Belize and manage the business remotely.
  8. For founders who wish to register a business in Belize, there are no currency restrictions.
  9. The political situation in the country is stable.

There is no need to visit a country if you are interested in setting up a business in Belize. Mandatory presence of an agent with a licence, that gives the right to conduct activities in the territory of the state. To register a company in Belize, you need at least 1 director and 1 shareholder. To their nationality and residence, there are no special requirements. These individuals can be both physical and legal.

Registering a company in Belize remotely:

  • Only 1 director / shareholder is required if you want to open a company in Belize without a personal presence.
  • For opening an enterprise in Belize remotely, there are no requirements for the appointment of local directors / shareholders.
  • The presence of a secretary is not mandatory.
  • The cost of registration of a company in Belize is quite low.
  • Belize is one of the safest jurisdictions for starting a business overseas. The secrecy of information is fixed by law.
  • Companies are exempt from any reporting requirements, including an annual audit.
  • There is only an estimated authorized capital - 50 000 USD. It is not mandatory.
  • The registered company in Belize is allowed to engage in any type of activity, a special license is needed only for banking, insurance, trust activity.
  • If you are interested in registering a business in Belize, you need a local registration office and an agent.

YB Case qualified experts will provide legal advice in setting up a Belize company or opening a business account in Belize.

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