For the updated version please visit the following page: https://www.bizlatinhub.com/company-formation-belize/ 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. Get in contact with one of our specialists and see how we can assist you. Get personalised information using the contact form below. Doing Business in Belize - Provided is a detailed guide on the process for incorporating a company in Belize, including information on the types of companies in Belize, the duration to form a company in Belize, information about the initial capital requirements for a new legal entity in Belize and other key requirements for establishing a company in Belize. Furthermore, the steps on how to form the most common type of company in Belize and to open a corporate bank account are provided. Proudly provided by the Biz Latin Hub Group - www.bizlatinhub.com - Latin America´s leading provider of Market Entry and Back Office Services in both English and Spanish

1. Belize – How to Form an
Offshore Company in Belize?
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2. ABOUT US
The Biz Latin Hub Group was established in 2014 to
assist both local and foreign companies doing business
in Latin America, by providing a full suite of multilingual
Commercial Representation and Back Office Services.
The group is owned and managed by an experienced
team of local and expat professionals, dedicated to
assisting clients to navigate their way through the
complexities of Latin American business environment.
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What is an Offshore Company?
• Offshore companies, often called
international business companies, are
companies that do not conduct
substantial business activity (often
none) in the country in which they are
formed. Due to this, the companies are
not bound by the local tax jurisdictions.
• An offshore company is a business
strucutre that ensures effective wealth
managment. There are many negative
connoations that surround offshore
banking; most of which are untrue.

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Why Should You Set Up an Offshore
Company in Belize?
• Use of common law
• Strong privacy laws
• Zero company tax
• Banking systems operate in both English
and Spanish
• Offshore companies can be set up without
the need for you to enter the country
• An intelligent method of assest
management.

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9 Steps

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Key Considerations When Forming a
Company in Belize

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Step 1 – Choose the Style of Structure for
Your Business Needs
International
Business
Company
There are different kinds of companies
you can choose from to start your
business. The most common company
types used by foreign investors are:
• International Business Companies
(Offshore companies)
• Trust Funds
• Private Companies
• Limited Liability Partnership
• Limited Life Companies
The majority of companies that are set up
in Belize are International Business
Companies.
This presentation will outline the process
of setting up a:

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Step 2 – Power of Attorney
Get the ball rolling…
• A document will have to be drafted in
which you will grant the legal
representative of the company the
power of attorney. This representative
will then complete all the necessary
steps required to incorporate the
company in Belize.
• If you are outside the country, you can
sign the documents in an approved
location, such as an embassy or
consulate.

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Filing the Company name…
• You will need to conduct a name check
with the Belize Companies Registry.
Step 3 – Company Name

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Step 4 - Memorandum and Articles Of
Association (M & A)
Registering the articles of association
Once the name of the company has been
approved, you will need to submit a
Memorandum and Article of Association
(M&A) and submit these to the Registry in
Belmopan (the capital city in Belize) along
with the corresponding payment of the
formation fee.

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Step 5 – Approval of M&A’s
The Memorandum and Article of
Association (M&A) have to be approved.
Approval is granted from the Central Bank
of Belize.

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Step 6 – Getting the Certificate of
Incorporation
A Certificate of Incorporation will be issued
by the Registrar of International Business
Companies and it should be displayed at
the registered office of the company.

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Step 7 – Appointment of Directors
• Once the company is formed, officers
need to be appointed to run the
business. These officers may be the
directors.
• Upon receipt of the Certificate of
Incorporation the first director may be
appointed along with the shareholders.

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Step 8 – Company Seal
Almost there…
The company must have a seal, which will
be issued by the relevant authorities.

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Step 9 – Bank Account
Put the Champagne on Ice!
Finally, you will need to open a corporate
bank account to effectively conclude the
Company Formation process in Belize.
• Your appointed representative will
complete the filling of all the necessary
documents provided by the bank.
• Opening the bank account will take
between 1 and 2 weeks, depending on
the bank.

17. CONTACT US
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18. OUR SERVICES
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• Commercial Representation Services
• Company Formation Services
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