Offshore company formation in Belize with Coddan - forming a company online within only two days! Simple, cheap and quick offshore company registration services: if you are thinking of launching or registering an off-shore company in a different country, you should be sure to consider Belize in the list of possible zero-tax locations. Coddan Ltd can help you with offshore company formation in Belize and provides a list of reasons as why to incorporate your IBC company or a limited liability company. With Coddan Ltd's help, you could establish a company and be the owner of a fully established offshore business company or a private foundation that is registered in Belize.
Online company formation service in Belize: if you have an idea for setting-up a company in Belize and opening a bank account for your offshore company, or register a company with a nominee director and nominee shareholder, we can assist you. We can help with your company formation requirements & provide the higher standard of offshore companies setting-up support.
For a company formation in Belize on your behalf, Coddan Ltd simply delivers a memorandum of association to the Companies Registry, and sets up a business bank account. With no tax obligations, busy business owners have nobody to report to but themselves. If you wish to form a new firm in Belize, chose any company formation packages below, or call us to discuss your needs.
NEXT YEAR FROM US$650.00
This company formation in Belize package is for customers, who require to form an off-shore company with a registered office address. The registration of a company normally takes 2 days.
The following documents will be sending by post upon the formation of your off-shore company:
NEXT YEAR FROM US$1,065
This company formation in Belize package is especially for clients, who are requiring forming a company with a registered address, registered agent & a nominee director; bank account upon request.
This company formation offer includes everything in the first option, together with the advantages of:
NEXT YEAR FROM US$1,365
This is one of the most popular company formation in Belize packages with nominee shareholder, as an additional option to the nominee director, registered agent & registered office address services.
This company registration offer includes everything in the second option, plus the following:
NEXT YEAR FROM U$1,365
This is our most comprehensive company formation in Belize package with all documents verified by solicitor or notary public & certified by the apostilled stamp or apostille seal affixed.
This off-shore company formation offer includes everything in the third option, plus:
NEXT YEAR FROM US$850.00
This offshore LLC formation in Belize package is exclusively for customers, who are forming an LLC in the tax haven with a prestige legal address & registered agent services for one year.
The following items are included into this Belizean LLC formation offer:
NEXT YEAR FROM US$1,165
This LLC registration in Belize package is especially for customers, who are requiring forming an LLC with the registered agent & registered address plus with the UK based nominee member.
This LLC formation offer includes everything in the first option, together with the advantages of:
NEXT YEAR FROM US$1,365
This LLC formation package is for customers, who are requiring forming an LLC with the registered agent & registered address in Belize with an offshore nominee member.
This limited liability company formation offer includes everything in the first option, together with the advantages of:
NEXT YEAR FROM US$1,365
This is our most comprehensive offshore LLC formation in Belize package with all LLC company start-up documents verified by a notary public & certified by the apostille stamp.
This LLC formation online offer includes everything in the third LLC start-up option, plus:
NEXT YEAR FROM £600.00
This private foundation start-up in Belize package is for customers, who require to register an offshore foundation with a registered office address, and local council.
The following documents will be sending by post upon the registration of your offshore foundation:
NEXT YEAR FROM £1,200
This foundation start-up in Belize package is especially for clients, who are requiring registering a private foundation with a registered address, local council & a nominee founder; bank account upon request.
This Belizean foundation registration offer includes everything in the first option, together with the advantages of:
NEXT YEAR FROM £1,700
This is one of the most popular foundation set-up in Belize packages with nominee protector, as an additional option to the nominee founder, local council & registered office address services.
This offshore foundation start-up offer includes everything in the second option, plus the following:
NEXT YEAR FROM £600.00
This is our most comprehensive foundation registration in Belize package with all documents verified by solicitor or notary public & certified by the apostilled stamp or apostille seal affixed.
This off-shore foundation establishment offer includes everything in the first option, plus:
Form an offshore business company in Belize: there is also no minimum paid up capital requirement, and any capital you do pay up can be paid in any currency for your own convenience. Belize itself is an increasingly popular location for offshore companies formation activities, largely due to its stable government and good history of stability. Belize is an English speaking country with first-rate telecommunications alongside brilliant services and transport links. It is also a popular holiday destination and comes complete with its own international airport.
Unlike most other countries, Belize permits the director and the shareholders to be the same person, meaning that you really can form a company in Belize that is entirely your own and giving you complete autonomy over the company's decisions. There are also no exchange controls for IBCs and they can be used to establish securities trading accounts in the USA, Canada and Europe, a company formed in Belize may open bank accounts in the country of incorporation, or in any other, including the EU, UK, etc. You do not no need to be resident of Belize in order to form a company there, you also do not need to appoint a local director or shareholder.
Offshore company formation in Belize: registering a company in Belize offers a wealth of opportunity, given that you will benefit from paying no tax on your profits. The paperwork and business registration process would be an administrative nightmare if you were to attempt to form an offshore company by yourself, but utilising the services of highly regarded incorporation firm Coddan Ltd reduces the whole process for you to one single phone call. Our highly experienced team have been assisting in company formation for many years. Forming a company in Belize with us - we can perform the entire procedure for you, including the provision of a nominee director, nominee shareholder and EU business bank account, in an entirely stress-free manner.
There are many more services we are also able to offer you to ensure the set-up and smooth running of your new company formation. These include help providing a registered office address in the country with a mail forwarding service and administrative assistance. If you are interested in finding out just how much money an offshore business is likely to accrue in a year, please check our banners on top or give one of our Coddan Ltd staff-members a call, to set up a consultation in person, or over the phone.
Formation of a company in Belize: forming a company offshore is increasingly attractive thanks to numerous attractive perks - including reduced operational charges and cost-effective tax incentives. The exercise of basing the operations of a company in one country on the soil of another does not need to be difficult. Belizean company formation specialist Coddan Ltd can make it easy and quick for you. For example, for an offshore company formation Coddan's experienced team can take advantage of the streamlined International Business Company (IBC) formation process in that Central American country, where, since the early 1990s, offshore companies have only required one shareholder or director - who can be one and the same person.
Forming a company in Belize - the tax advantages of forming an offshore company in Belize are immense, but don't be put off by a lack of knowledge about how a Belize business should be started. Market leader in offshore companies formation, Coddan Ltd, will make the whole process very simple for you. They will guide you through every step and help you create a successful, international business. They can advise on location and business-type, as well as perform the transactions required to incorporate your business in Belize. Here are a few of the most common uses for offshore Belize-registered companies. A popular use for Belize companies is in the field of international trading.
When goods are bought in one country and sold in another, a tax-free environment is highly desirable. Profits can be held in Belize without being subject to the tax laws of either the country that supplied the goods, or the country that received them. Coddan offers a comprehensive Belize companies formation service, as well as offshore trademarking and financial trust guidance. To find out how we can help you get the most out of your business, talk to our expert company formation consultants today: + 44 (0) 207.935.5171 or +44 (0) 330.808.0089.
More and more British and foreign entrepreneurs are choosing to form a company offshore than ever before. By forming a new company in Belize this way, you can take advantage of lower tax rates, more lenient business regulations and greater levels of confidentiality. One of the most popular financial jurisdictions in the world for this sort of company formation is Belize.
A tropical country in Central America, Belize offers business people an almost ideal infrastructure in which to register a company. So what is it that makes this small state so popular? In addition, how can you make the most of registering a company in Belize? Why people choose Belize to setting up a company there?
Belize's rise to prominence in the business world began in 1990 with the passing of the Companies Act. Including guarantees of confidentiality and a host of specific privileges for IBC companies formation, it proved an irresistible piece of bait for global business people looking to maximise their profits.
Today, an IBC with company registration in Belize pays zero tax on its income, operates without any currency restrictions and has no obligation to appoint an in-country director.
Features of an offshore company registration in Belize: though Belize offers business people a remarkable level of freedom via a company start up, there are certain operational requirements that must be met. An IBC registered in Belize must have at least one office set up there. However, the IBC cannot trade in Belize in any way - the office must only be there to facilitate business outside of the country. To make sure you set up your company correctly, it is a good idea to get advice from a team with experience in these ventures. This is where Coddan comes in.
Belize is one of the world's most popular financial jurisdictions amongst business people looking to register a company offshore. If you are considering company registration in a state with favourable business legislation, Belize should at least be amongst your potential locations. Benefits of registering a company in Belize:
Excellent pro-business legislation: since 1990, IBC companies have been attracted to Belize due to the passing of the Companies Act. This bill was designed specifically to bring together all the most attractive features of business infrastructure in other popular offshore business destinations. Therefore, when you choose to incorporate a company in Belize, you are doing so in a state designed especially for this venture.
Incredible tax laws: while there are many jurisdictions that offer more favourable tax rates than those found in the UK, there are not many that can match Belize for pure profit maximisation. If you form a company in Belize, you can enjoy complete tax exemption, from the income you make and the dividends you pay, to rent, royalties and more. There is no capital gains tax to worry about either.
No need for residency: the only obligation you have to your Belizean business is that you hold at least one office there, with at least one employee in it. That's it. You do not need to put a resident director in charge nor have any shareholders in the country. Your meetings can be held anywhere you like, and you are not obliged to appear at them.
Extreme confidentiality: transparency is not very important in Belize. If you set up your offshore company there, there will be no need to hand in annual reports on the number of shares you have issued and who has a stake in your company. After company formation, the only information the Belize Company Registry will ever make public is the fact that your organisation is registered there, the details of its office's address and the resident agent who works there. If you ever choose to liquidate your business, the process is as quick as company formation.
Offshore company formation in Belize offers a range of unique benefits and requirements to a businessperson, and whether it is for you or not will depend entirely on the individual needs of your business. With that understanding, however, it is appropriate to state that Belize is one of the best places in the world to set up an offshore company. Though exact details will vary its position on any list, Belize will almost always be found near the top.
Much of this is down to the ease of incorporation offered by Belize. Simply put, company formation costs in Belize are some of the lowest in the world. Not only that, but company registration and setting up a bank account can both usually be done without visiting the country. This is a rare upside, especially when coupled with the fact that banks in Belize are frequently friendly to "high risk" merchant accounts. Another bonus is that Belize is the only South American country below Mexico where English is spoken as a native language - as you can imagine, this makes trying to incorporate a company much easier.
Other more obvious bonuses you want when trying to form a company are also offered, namely no taxes and a high degree of financial privacy.
Belize also comes with some downsides. Unfortunately there are requirements as far as company meetings go, meaning you will at least have to hold some meeting in Belize if only by proxy. It is not an ideal destination for any shipping needs, and the flip-side of its enhanced privacy is a relatively poor worldwide reputation. These are all general issues when you register a company offshore - the only major problem Belize offers which other countries may not is that any capitalisation over $50,000 is subject to a large government fee (an offshore company must pay only $1.00 to issue one share, you do not need to pay $50,000 in full). That means that Belize can be less than ideal for a holding company or trading account.
The Belizean legal system is closely modelled on the British system. As a result, many of the legal requirements relating to offshore company formation will be familiar to anyone who has had to register a company in the UK. The structure that is used for Belizean offshore company registration is called an international business company (IBC). The legislation surrounding IBCs is closely modelled on that of the British Virgin Islands.
To incorporate a company under the IBC legislation you must file articles and a memorandum of association along with the appropriate fees. There is no minimum level of capital when you form a company and capital can be held in foreign currencies. Individuals, corporations and trusts can be shareholders in the company. It is also possible to have nominee shareholders provided local licensed agents are used.
Each IBC must have at least one director, who can be either an individual or a corporation. A secretary is often useful, but is not required by law. What is required is for the company to have a registered Belizean office address and a Belizean agent. The details of these will be a matter of public record, although the director and shareholders may remain anonymous.
It is not necessary to file accounts or audits with the Belizean authorities. International business companies are exempt from most types of taxation. This includes income, transactions and capital gains tax. There is also no requirement for IBCs to pay stamp duty on properties that are transferred to or from the company.
International business companies are prohibited from carrying out business with any person who is resident in Belize. They may not have any interest in Belizean property, other than the lease on their office address. IBCs are also banned from being involved in banking or insurance and they may not provide agents or offices to other companies.
Belize is a fantastic place to operate an offshore company, and opening a company bank account will be an essential aspect of doing so. Thankfully, the banking process is one of the finest points in favour of incorporating a company in Belize, and the process is strongly geared towards the convenience of business people.
There are five international banks located in Belize ideal for business use. These are Atlantic International Bank Limited, Belize Bank International Limited, Heritage International Bank Limited, Choice Bank Limited and Caye International Bank Limited. There is a general equality in reputation and service quality between these banks, so the chief deciding factor will be individual charges and services.
The specifics of these factors can be found on the relevant bank's website, and you should shop with your particular needs in mind. Most of these banks will charge a monthly fee to maintain an account, and charge an additional fee for transfers such as incoming or outgoing wires (one particular difference to note is that Choice Bank Limited doesn't pay interest on their savings accounts). Of course, any interest you gain from an account will be tax free, and every bank will provide an incredibly high level of financial privacy in terms of what is known in country and what they share with enquirers from elsewhere.
One highly convenient feature every major Belize bank offers is that you do not have to be in Belize to open, own or operate an account. Each of the five international banks allows management via email, fax and their own website forms. There is also the added bonus that Belizeans speak English as their first language, adding an incredible amount of convenience to interactions.
When opening an account for a company in Belize you will have to provide a full set of company documents - usually including any articles and memorandum of association, a share register and a company resolution. Several banks will allow you to use copies during your application, but you will still have to provide the originals eventually.
In many cases, when UK entrepreneurs open offshore companies in tax havens like Cyprus or Singapore, they are obliged to fill certain positions with residents of those states. Usually, this will take the form of a nominee director or shareholder appointed during company registration – somebody who lives in the country, usually with resident or citizen status, who is named as the director or shareholder but has no real input into how the company is run.
In Belize, however, this is not legally necessary. The local infrastructure is so confidential and non-transparent that you don’t need to have any more than one office and one agent in Belize if you form a company – nobody else involved needs even to have visited the state. You do not have to provide any annual reports or bookkeeping either, so there is very little need for an operation to have somebody in Belize.
Yet, if you are planning to incorporate a company there, it may still be worthwhile hiring a nominee director. Consider the following benefits:
Maximises privacy: while having an offshore company in Belize is already very confidential, you can make it even more so with a nominee director. If you want to make all your links with the business invisible, a nominee director will be exactly what you need. This means the largest possible protection for your profits and assets.
Takes care of the small stuff: though your nominee director will not be making any major decisions, they will be there to tackle those small yet essential tasks that you will occasionally have to carry out in Belize. Opening bank accounts or holding the occasional meeting after company formation are things that you would probably not want to fly nine hours to do. If you have a nominee, they can take care of them for you.
Documents certification by an apostille stamp in Belize: in order to prove the authenticity of documents that were issued in Belize to the authorities in other countries, it is often necessary to have them apostilled by the Registrar General. This is a process that Coddan Ltd can undertake on behalf of clients if they first provide us with the documents that need to be authenticated.
The apostille system was set up in 1961 to simplify the process of authenticating documents for use in other countries. It involves using an apostille stamp on a document by the authorities in the issuing country to certify that the document contains an authentic signature and seal. Officials in other countries can then rely on the presence of the stamp as a guarantee of the document's authenticity.
If you need to have a UK document apostilled for use in Belize, Coddan can help with this as well. We maintain an excellent working relationship with the Foreign and Commonwealth Office and can secure an apostille stamp for a document swiftly and at a reasonable price.
Among the documents that might need to be apostilled are birth certificates, marriage certificates, corporate documents and medical examination certificates. Some documents, such as university degrees, will often need to be notarised by a notary public before they are apostilled. A notary is an official (usually a solicitor) who is able to attest to the legal standing of documents.
If you intend to use documents from Belize in a country that has not signed up the the 1961 Hague Convention regarding the use of apostille stamps, you will need a certifying statement from the Ministry of Foreign Affairs. This is less formal and cheaper than having an apostille issued, but the process of having your documents legalised by the country they are to be used in is likely to be much more protracted.
Legal yearly requirements to maintain a company in Belize: there are many advantages to opening up an offshore company in a tax or privacy haven. By taking this step, thousands of UK business people save on their tax, maximise their confidentiality and protect their assets every year. Yet, in some states, setting up an offshore company can come with quite a bit of red tape.
In many such tax havens, there will be a fairly high number of rules to satisfy either during registration or annually during operations in order to access all the benefits. If you don't like the sound of all that bureaucracy holding you back, Belize is almost certainly the financial jurisdiction for you. Not only does it offer all the pluses listed above, it also expects very little from offshore companies housed within its borders.
Few legal requirements:
In 1990, Belize introduced the Companies Act; this was a bill specifically designed to make Belize one of the world's most attractive prospects for anybody looking to set up an offshore company. Its writers aimed to cherry-pick key pieces of business law from the world's most popular tax havens and pull them together into a single financial jurisdiction.
So, not only do the Belizean authorities expect zero levels of tax from your offshore business, they also expect next-to-no feedback from you on an annual basis. All you have to do is register the business, appoint a single in-country agent and set-up a single in-country office. The director and shareholders need never visit Belize, and the meetings can be held anywhere in the world.
You also will not be required to hand in any annual reports regarding the numbers of shares that have been issued, and you do not need to disclose any information to the Company Registry aside from your office's address, your company's title and the name of your Belizean agent. That's it – once that information is on the books, you will be entirely left alone by the local authorities.
Forming an offshore company in Belize can be useful for maximising profits and ensuring that shareholders and other beneficiaries receive the best possible return on their investment. Particularly for offshore investors who have set up a company in Belize virtually, rather than through a personal visit, there is a need to ensure that appropriate post-formation services are in place to allow your company to trade effectively. Detailed below are three of the key areas where Coddan Ltd can provide valuable additional support.
Tax obligations: Belize is not subject to UK taxation rules and as such, companies incorporated there are tax exempt, provided the capital remains outside the UK. If profits are repatriated into the UK, they will be subject to tax in the usual manner. There may also be a need to consider import and export duties as well as VAT on products, particularly if trading occurs within the EU. Expert advice from Coddan Ltd is always helpful in these matters, as tax is notoriously complex to calculate correctly.
Payroll and personnel matters: depending on the location and number of staff you employ, there will be a need to set up a suitable payroll system as well as potentially provide additional benefits, such as pensions or shares. Using an external agency such as Coddan Ltd to design and implement payroll systems ensures your people get paid in a prompt and efficient manner.
Trademark and brand protection: it's important that the innovative products and services that your company provides carry a unique, recognisable and registered trademark in order to ensure you're not a victim of brand piracy. Coddan Ltd can provide a full trademark service, including name availability searches, registration and legal advice.
Establishing any offshore company can be a tricky affair as a different jurisdiction means different rules, customs and requirements. It's particularly true of Belize, a favoured offshore destination due to its range of business advantages. So when you want it done right, choose Coddan.
You can start the process of company registration today by filling out our online application form that's approved by the authorities, and when we receive your details, we'll get to work. Choose from a number of attractive company formation packages that start from just £470 - among the lowest rates available from any formation agents.
Setting up a company in Belize is different to other parts of the world - for example, one person can act as the director and shareholder – and because of our many years' experience incorporating in the country, we're able to do it quickly and easily. We can also provide a number of additional services when you want to incorporate a company in Belize, including providing a nominee director and shareholder.
When you form a company in Belize with us, you also have the option to get an EU business bank account, so you can start trading straight away. We can also provide you with a registered office address in Belize and we can forward mail from there to wherever you are. We have a range of administrative services that can assist in the operation of your company once it is up and running, including bookkeeping and taxation services, so that the firm is fully compliant at all times.
When your new enterprise has been established in Belize, we will send you all the official documents from the authorities to prove its existence. These include the certificate of incorporation, memorandum, articles of association and the minutes of the first meeting of the board of directors. You'll also get a register of directors and shareholders as well as share certificates.