Belize LLC Registration

These companies are ideal for local investment, landholding or normal business activity within Belize. When properly structured, they can provide Asset Protection, Tax Minimization and Confidentiality. They can generally protect the investment and assets from frivolous lawsuits against the owner or owner’s associated companies. Separate legal status/entity is a vital and recognized aspect of Belize law.

Annual Filings are due and reflect the directors (can be a corporate director) and addresses and shareholdings. This mandatory filing requirement falls due in January of each year.

There are no restrictions on foreign ownership (can extend to 100%), repatriation of profits or transfer of ownership. Naturally, there are some very important permissions to be obtained but the firm assists with all such required permits and consents as a matter of routine.

Incorporation time is 24 hours subject to name availability and client is provided with Articles of Incorporation, Certificate of Incorporation, Share & Director Registers, Resolutions and Powers of Attorney if required

Belize Tax Filing Requirements

If your Belize company is earning income and you would like to find out whether you must register with the Belize Tax Service (BTS) for a Tax Identification Number, kindly start by reviewing the BTS guidelines below to get a general overview of Belize tax filing requirements: 

https://bts.gov.bz/wp-content/uploads/2019/10/Guide_registration.pdf

https://bts.gov.bz/wp-content/uploads/2019/10/GST-GUIDE-TO-REGISTRATION.pdf

We further advise that you seek the advice of a Certified Public Accountant (CPA) as to your company’s specific requirements for Income and Business Tax, General Sales Tax or Social Security Registration in order to ensure that you are complaint under Belize law.

Accounting Records Info & Requirements

Pursuant to recent legislative amendments, you are now required to keep at the registered office IN BELIZE, all accounting records pertaining to the Company (in addition to whatever we may already have in your file from past dealings).  Failure to do so may lead to our possible forced resignation at the request of the Financial Services Commission and/or your company being struck off the register.

These companies are available for most business in Belize but are generally set up to hold land and operate resorts. Foreign Companies can also be registered in Belize without local re-incorporation as an “Oversea Company doing business in Belize” or can “Continue”. Please contact us for further details.