Company Formation in Belize

Belize attracts entrepreneurs and investors with its attractive opportunities for registering offshore companies. The law firm Andreas Danos is able to provide assistance in the creation and registration of such companies in this English-speaking country located on the Caribbean coast of Central America.

Belizean legislation, based on English common law, provides a reliable legal basis for business. For example, Belize offers the creation of International Business Companies (IBCs), which are exempt from taxes in the country.

Registering a company in Belize takes 1 to 2 days. Only one director and one shareholder are required, who can be individuals or legal entities.

The names of directors and shareholders are not entered into the registry, ensuring a high level of confidentiality. Belizean IBCs can also use the services of nominee representatives for additional anonymity.

Belizean IBCs are exempt from all taxes and stamp duties in the country. After registration, the company is not required to provide financial reports to the authorities of Belize.

Conducting meetings of shareholders and directors is not required. If conducted, participants can attend remotely.

Belizean IBCs can engage in a wide range of entrepreneurial and investment activities worldwide. However, they cannot engage in banking or insurance activities without prior approval.

Belize is an attractive jurisdiction for forming offshore companies due to its favorable tax regime, confidentiality, and convenient registration process. However, before deciding to register a company in Belize, it is important to conduct thorough research and seek advice from qualified professionals.