Belize

Predominant features and advantages that Belize offers for international business:

  • Belize legal system is based on the English Common Law - http://www.ifsc.gov.bz/legislation/
  • Belize has one of the fastest IBC Registry in the world, incorporation takes 1 day.
  • Belize offshore IBC is exempt from all local taxes with only a few simple pre-requisites – generally, Belize IBC must not conduct business within the territory of Belize (but it may enter into business with other Belize IBC`s). A Belize IBC may pursue specific financial activities such as trust business, banking, insurance and investment management, but it needs to obtain a specific licensing for that purpose.
  • Belize offshore IBC is not required to file tax returns or other type of declaration to the government in respect to sources of income.
  • Information about beneficial owners, shareholders, directors and officers is not filed with the Belize government, and not available to the public.
  • Offshore IBC could open and hold accounts in any currency in banks located in and outside of Belize.
  • Belize Tax Information Exchange Agreements: https://www.world.tax/countries/belize/belize-tax-information-exchange-agreements.php
  • IBC is not subject to any tax or duty on income or profits (provisions are provided by Article 130 of the Belize IBC Act).
  • Belize International Business Companies are not obliged to prepare or file any financial accounts.
  • A Belize International Business Company is also exempt from any stamp duty on its transactions.
  • There are no requirements to make any commercial or financial records of the Company available to the general public.
  • The country is not blacklisted or considered as a high risk or non-cooperative jurisdiction by Financial Action Task Force (FATF) and The Organization for Economic Cooperation and Development (OECD http://www.fatf-gafi.org/countries/#high-risk).
  • Belize is independent country, member of well recognized political organizations, such as of the British Commonwealth, United Nations and Organization of American States.
  • Easy access to the NAFTA members - Mexico, USA and Canada by land, sea and air.

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Taunton Somerset
TA1 3NG

T +44 (0) 1823 321177
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