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Company Formation Belize

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Belize has grown to become one of Latin Americas preferred jurisdictions for incorporating an offshore company. With the third largest economy in Central America per capita, only after Panama and Costa Rica, a stable currency and pro-investment governmental policies, it is now considered an attractive location for forming an offshore company. Offshore companies are extensively used as an efficient business structure for both wealth management and asset protection. A key advantage for many foreigners looking to incorporate an offshore entity in Belize is that the country operates in both English and Spanish, and according to English common law. Investors often get over-excited and jump into forming their offshore company without a comprehensive understanding of local Belizean laws and regulations. Our experts have created a presentation which examines the steps involved to create an offshore company in Belize.

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Company Formation Belize

  1. 1. How to Form a Company in Belize? www.bizlatinhub.com
  2. 2. Why Incorporate a Company in Belize? Trade agreements with developed economies Laws encouraging foreign investment English is the official language Great trading platform Attractive Tax rates
  3. 3. Types of Legal Entities International Business Companies (Offshore Companies) Trust Funds Limited Liability Companies Limited Life Companies The majority of companies that are setup in Belize are International Business Companies (IBC). This presentation will outline the process of forming an International Business Company.
  4. 4. Fact Sheet I.B.C. Yes Is foreign ownership allowed? Yes Can the company sponsor foreign employees? No Are there capital controls? 2 - 3 weeks once all documentation is received How long does it take? (including bank account) No Is there a minimum share capital? 1 Shareholder What is the minimum number of shareholders? Yes Are a fiscal address and legal representation required?
  5. 5. How to do it. In order to successfully form your company, you will have to follow the steps outlined in this presentation. There are 6 main steps involved in this process.
  6. 6. Step 1 A POA is a legal document allowing our team at Biz Latin Hub to form the company on your behalf. Draft and Sign a Power of Attorney
  7. 7. Step 2 Register a unique company name. Choose and Verify Company Name
  8. 8. Step 3 Approved by central bank. Submit Memorandum & Articles of Association (M&A)
  9. 9. Step 4 Issued by the registrar of IBCs. Obtain Certificate of Incorporation
  10. 10. Step 5 The company must appoint the individuals who will manage the IBC. Appointment of Company Directors
  11. 11. Step 6 You will have to open a corporate bank account and deposit the required capital in order to activate it. Open and Activate a Corporate Bank Account
  12. 12. Biz Latin Hub is a market leader in helping individuals and companies to successfully do business globally and has multilingual services that are reliable, tailored and responsive. Our group is owned and managed by an experienced team of local and expat professionals, dedicated to assisting our clients to navigate their way through the complexities of the global business environment. We can help!
  13. 13. See how our services can support your global expansion. Due Diligence Legal Services Accounting & Taxation
  14. 14. Are you ready to expand globally? Contact us now. contact@bizlatinhub.com www.bizlatinhub.com