Belize Company Formation

Belize offshore companies have been used considerably for growth and opportunity, and for good reason. LLCs don’t pay local taxes on money earned outside the country; plus, it’s fast to set up, has reasonable costs, and the asset protection is reliable. Because of all that, Belize has attracted everyone from small business owners to high-net-worth investors to form companies..

We’re here to take the hassle out of the Belize company formation process. From handling the paperwork and making sure everything’s compliant, to helping with bank accounts and long-term support, we’ve got you covered. Below, we’ll walk you through the process of Belize company formation, explore the differences between IBCs and LLCs, and show how Offshore Pro Group can help you launch with confidence.

Why Form a Company in Belize? Top 5 Advantages

1. No tax on income earned abroad: If your LLC makes money outside Belize, you won’t be taxed locally. No income tax, no capital gains tax, no withholding tax — none of it applies to offshore earnings.
2. Your info stays private: Belize doesn’t make you list company directors or members/shareholders in any public record. There’s no open beneficial ownership register either, which helps keep your name out of public view.
3. Quick turnaround on setup: Starting a company doesn’t take long — usually about 5 to 7 business days after submission. It’s a relatively efficient process compared to many other jurisdictions.
4. No currency restrictions: Belize doesn’t have exchange controls, so you can move money in and out of the country without dealing with currency limits or bureaucratic delays.
5. Very low maintenance: As long as your company’s income comes from outside Belize, there’s no need to file annual returns or financial statements (though you must maintain financial records). That means less paperwork and fewer ongoing requirements.

Why Belize works for offshore company formation? Between the simple rules, strong privacy, and the fact that they don’t tax foreign income, Belize stays a top pick for offshore formations — especially in Central America. 

Choosing Your Belize Company: IBC vs. LLC

When forming a company in Belize, you’ll typically choose between two popular structures: the International Business Company (IBC) and the Limited Liability Company (LLC).LLCs tend to be more popular, but it is worth understanding the differences. Let’s break down the key features of each to help you decide which suits your goals best.

The Belize LLC (Limited Liability Company)

A Belize LLC is favored for its flexible structure, making it a strong choice for asset protection and joint ventures. It operates more like a partnership and offers more flexibility than an IBC, and enjoys better tax policies.

Key Features:

• Member-based ownership model
• No shares issued (ideal for estate planning)
• Limited liability for members
• Strong asset protection laws
• No income tax on offshore earnings
• Not required to file financial statements publicly
• Subject to the International Limited Liability Company Act

The Belize IBC (International Business Company)

A Belize IBC is typically chosen by those interested in international business operations, holding assets, or opening an offshore company in Belize with a shareholder-based, private structure.

Key Features:

• Fast registration process
• No requirement to submit accounting records publicly
• Shareholder-based structure
• High degree of confidentiality
• Only one director and shareholder is required (can be the same person)
• Subject to the Belize Companies Act

*Note, rules about IBCs in Belize are changing, and tax laws are changing. Consult with us to see if it is the best option for you. 

Comparison: Belize IBC vs. Belize LLC

Feature	Belize IBC	Belize LLC
Legal Structure	Corporation	Limited Liability Company
Ownership Model	Shareholders	Members
Public Disclosure	None	None
Taxation on Offshore Income	0%	0%
Ideal For	Trading, Holding, IP, Consulting	Asset Protection, Holding, Joint Ventures
Record Keeping	Private accounting records	Private accounting records
Transferability	Transfer of shares	Requires member consent

Our All-Inclusive Belize Formation Packages

Your Belize Company Formation in 4 Simple Steps

Starting a company in Belize might seem daunting, but we’ve set things up to keep it simple and move things along without too much hassle. Whether you’re launching a business, protecting assets, or just want more privacy, we’ll walk you through it step by step. From the first chat to sorting out documents and helping after the setup is done, we stay involved. Below’s a quick outline of how we help get your Belize company (LLC or IBC) up and running

Step 1: Choose Your Company Type & Name

We’ll help you select the most suitable entity type based on your goals. We also perform a company name check and reservation. We will also discuss whether or not Belize is actually the best option for you, recommend you alternatives, and help you with getting set up in a jurisdiction best suited to your needs. 

Step 2: Provide Documents

The process is simple, and the documents include:

• Application form
• Passport 
• Proof of address (not older than 3 months)
• Bank statement for the last 3 months as proof of source of funds (optional, may be requested by compliance)

The documents should be in English

Step 3: We Handle the Incorporation

Offshore Pro Group handles your Belize incorporation from start to finish, preparing and submitting documents, appointing the registered agent, and securing your certificate of incorporation.

Step 4: Receive Your Company Documents

Once complete, you receive:

• Certificate of incorporation
• Company operating agreement or resolutions
• Apostilled documents
• Courier shipment to your address

Belize Company Formation At Your Fingertips

Setting up a Belize company is a simple and streamlined process. To get started, you’ll only need to provide a few essential documents —typically a passport copy, proof of address, bank statement, and application form. 

Once everything is submitted, our legal team takes care of the registration and paperwork on your behalf. After formation, you’ll receive documentation proving your company’s legal existence and ownership. 

We may recommend a different jurisdiction to fit your needs, due to the ever-changing landscape in regulations and taxation. No matter where you decide, we offer different packages for you, and we can support you at every step.

Compliance in 2025: What You Need to Know

While Belize offers high flexibility, you must comply with basic regulatory expectations, which may include:

• Maintain accounting records (privately)
• Appoint and maintain a registered agent and registered office
• Maintain documents in accordance with the Records Maintenance Act
• Submit Beneficial Owner Declaration (privately held)
• In some cases, you may be subject to substance requirements due to the Economic Substance Act. 
• Any home-based compliance requirements (e.g, FATCA)

Bank Account Opening for Your Belize Company

Opening a bank account is a vital step post-incorporation. Offshore Pro Group helps facilitate Belize company formation with bank account setup through our network of trusted banking partners. This may be in the Caribbean jurisdictions such as Belize, the Cook Islands, St. Lucia, and Panama, as well as in the USA, Switzerland, and Liechtenstein. We can also get you set up with EMIs in some jurisdictions, too. 

Authorities often require notarized documents, business plans, and verification calls. Our team supports you with end-to-end service to make the process smooth and compliant.

Why Choose Offshore Pro Group for Your Belize Company Formation?

Offshore Pro Group is your trusted partner for all things offshore. Here’s why our clients rely on us:

• Over a decade of offshore structuring experience
• Seamless incorporation and ongoing compliance
• Personal advisors and dedicated client service
• Access to premier bank partners in Belize and beyond
• We help structure your offshore company in Belize with a strategic approach

Whether you’re looking to register a Belize offshore company, protect your assets, or expand internationally, Offshore Pro Group has the expertise to guide you every step of the way.

FAQ

Looking to open a company in Belize, but still unsure? Below are some of the most popular questions:

Start your journey to financial sovereignty today. Contact Offshore Pro Group for tailored advice and expert help with your Belize company formation.