Cost: 2000 USD

Consultation

Redomiciliation of an Offshore Company to Belize

We offer you the opportunity to transfer your business from an unstable offshore jurisdiction to a safer and more independent Belize in the shortest possible time. The redomiciliation process is carried out remotely, with the possibility of choosing a standard or express option.

Redomiciliation allows you to move your corporate structure from one offshore haven to another. At the same time, your business activity will not be stopped or somehow affected.

The possibility of redomiciliation has become a trend in recent years. This is due to the loss of stability and the former level of confidentiality by British offshore jurisdictions. However, not even the level of privacy confuses many beneficial owners of companies in UK overseas territories, but the rapid pace at which laws and conditions for doing business in British offshores are changing. The declassification of information by the International Consortium of Investigative Journalists (ICIJ) also plays a significant role. This organization allegedly receives stolen information on its own, either from registration agents or auditors, while active assistance in these matters from the United States is already known.

Belize

As a result, the global deoffshorization process, the expected automatic exchange of tax information, FATCA, BEPS, and everything related to anti-offshore policy, make business persons think about how to protect their business and assets from external influence and pressure.

Belize for offshore company redomiciliation

Belize has been offering a well-established financial services sector for decades, which is not limited to company formation. This jurisdiction also offers complex products such as financial and banking licenses. In addition, Belize has a very large banking sector.

Belize banks are the world standard for offshore banking. This jurisdiction is often called offshore Switzerland, as it has very attractive conditions for the development of financial services.

Belize has a lot to offer to offshore companies. The most important points are:

  •  No taxation of offshore companies: no tax on income, dividends, property, transfers, and no stamp duty.
  • Regulatory system based on English Common Law: this allows the jurisdiction to operate in a similar way to other classic offshore havens.
  • The country is politically, economically, and financially stable: this jurisdiction is a member of the UN, the British Commonwealth, and the Non-Aligned Movement.
  • Affordable cost of establishing and maintaining companies.
  • Lack of currency control.
  •  High speed of company registration.
  • Extensive labor market with highly qualified specialists.
  • A wide range of financial and banking products.
LLC/IBC registration Price, USD Terms of service provision
Basic package of corporate documents, which includes:
standard package of documents upon registration

 notarization

 Certificate from the Register

 registered agent services (for a calendar year)

 registered office (legal address) in Belize

worldwide courier delivery
IBC 1100 + 1400 (renewal advance)
LLC 1750
2-3 business days
IBC Apostille package:
 Certificate of Incorporation

 Memorandum of Association and Articles

Appointment of the First Director & Officers & Adoption of By-Laws

Consent to Act as Director

 Inagural Resolution

Ownership Certificate

 Register of Directors

Register of Members
1550 + 1400 (renewal advance) 4 business days
LLC Apostille package:
 Certificate of Organization

Appointment of First Managers

Articles of Organization

Operating Agreement

Capital membership

Register of Managers

Ownership Certificate
2550 5 business days
Apostille + Full Professional Service package (IBC):
company registration

payment of state duty for registration

registered agent services in Belize

registered office (legal address) in Belize

one set of original corporate documents

 one set of apostilled copies of corporate documents

professional manager/member services**

original apostilled power of attorney

original Declaration of Trust

Declaration of Trust copy

one set of apostilled copies of professional manager/member’s corporate documents

Certificate of Good Standing

 Certificate of Incumbency

power of attorney copy

passport copy

 utility bill copy

letter of recommendation from a bank or an account statement

 worldwide courier delivery
6513 + 1400 (renewal advance) 5-6 business days
Apostille + Full Professional Service package (LLC):
company registration

payment of state duty for registration

 registered agent services in Belize

 registered office (legal address) in Belize

one set of original corporate documents

one set of apostilled copies of corporate documents

 professional manager/member services**

 original apostilled power of attorney

original Declaration of Trust

Declaration of Trust copy

one set of apostilled copies of professional manager/member’s corporate documents

Certificate of Good Standing

Certificate of Incumbency

power of attorney copy

passport copy

 utility bill copy

 letter of recommendation from a bank or an account statement

worldwide courier delivery
7514 5-6 business days
IBC annual renewal and maintenance fee:
state fee for renewal payment

registered agent services in Belize

registered office (legal address) in Belize
1100 1 business day
LLC annual renewal and maintenance fee:
state fee for renewal payment

registered agent services in Belize

registered office (legal address) in Belize

scanned copy of Renewal Certificate
1100 1 business day
Annual fee for professional services in Belize:
Professional director/manager (corporate/Belize/Nevis) 1399 1 business day
Professional secretary (corporate/Belize/Nevis) 1399 1 business day
Professional member (corporate/Belize/Nevis) 1399 1 business day
Additional documents after company registration:
Notarized set of corporate documents copies 400 1-2 business days
Notarized and apostilled set of corporate documents copies 670 2-3 business days
Certificate of Incorporation copy 500 1-3 business days
Preparing registers: Managers/Members/Shareholders/Directors/Mortgages 525 2 business days
Preparing minutes of the first Board of Directors meeting 320 2 business days if standard and more than 2 business days if customized
Preparing minutes of the first Board of Directors meeting (notarized) 560 2 business days if standard and more than 2 business days if customized
Certificate of Shares 300 2 business days
Company search 435 2-3 business days
Power of attorney (common) 399 1 business day
Power of attorney (notarized) 625 1-2 business days
Power of attorney (apostilled) 825 2-3 business days
Declaration of Trust (common) 600 1 business day
Declaration of Trust (notarized) 825 1-2 business days
Declaration of Trust (notarized and apostilled) 1095 2-3 business days
Additional certificates after company registration:
Certificate of Good Standing 680 2-3 business days
Apostilled Certificate of Good Standing 950 2-3 business days
Certificate of Incumbency – common:
standard

 indicating beneficial owners

 indicating beneficial owners and shares
500
500
500
1-2 business days
Notarized Certificate of Incumbency 725 1-2 business days
Apostilled Certificate of Incumbency 995 2-3 business days
Letter of Tax Exemption 450 5 business days
Apostilled Letter of Tax Exemption (only for IBCs) 720 6 business days
Certificate of Company Liquidation 1000 7 business days
Certification of documents:
Certification signed by the registered/resident agent (per document) 150 2 business days
Certification by the registered agent (for a package of documents) 200 2 business days
Notarization (per document) 200 2 business days
Apostille without certification stamp (per document) 270 2-3 business days
Legalization – on request 3-5 business days
Change of company name/capital/structure:
Company name change 640 1 business day
Capital change 640 1 business day
Share capital change (if some or all shares have nopar value)
Capital change if share capital is more than USD 50,000
1820 1 business day
Officers/Directors/Managers change (including drafts, registers) 600 3-5 business days
Shareholders/Members change (including, drafts, registers and up to 2 Certificates of Shares) 600 3-5 business days
Transfer of ownership (including registers, issuance of a new Certificate of Ownership and shares) 600 3-5 business days
Amendments to the Articles of Association (paragraph addition, capital change, etc. – any amendment to the company’s Articles of Association, stamped by the Register) 1200 3 business days
Reissue of statutory documents 1625 3 business days
Amendments the company’s Resolution, Memorandum and Articles of Association (additional paragraphs, capital increase, changes to the memorandum) 640 3 business days
Amendments the company’s Resolution, Memorandum and Articles of Association (additional paragraphs, capital increase, changes to the memorandum) if share capital is more than USD 50,000 1820 3 business days
Making changes to the company after registration:
Jurisdiction change for a company with share capital of USD 50,000 or less 2000 Up to 15 business days
Jurisdiction change for a company with share capital over USD 50,000 3900 Up to 15 business days
Certificate confirming jurisdiction change 1200 2-3 business days
Restoration of a company struck off the Register (up to 6 months) 1500 2-3 business days
Restoration of a company struck off the Register (over 6 months) 2625 2-3 business days
Company liquidation 1500 30 business days
Change of registered agent (TransferOut) 1600 2-3 business days
Change of registration agent (TransferIn) (additional renewal fee required) 500 2-3 business days
Other services:
Signature of any document by a professional officer:
price for the 1st document

 price for the 2nd and subsequent documents
75 1-2 business days
Document scanned copy (per 1 page) 100 1 business day
International courier delivery 200 3-5 business days
Stamp 200 5 business days
Negotiated services:
Professional director services 3400 Individually
General consultation Negotiable Individually
Legal consultation Negotiable Individually
Substance for Belize company:
Financial report (up to 20 transactions) 1900 Individually
Financial report (over 20 transactions) From 1900 Individually
Website development Depending on complexity Individually
Virtual office – annually:
 address

 post/transfer to courier

phone with recording function
3000 Up to 7 business days
     
Features of Belize offshore companies      
     
Like all offshore companies, Belize offshore companies do not have the right to conduct their activities within the country. Otherwise, the companies will become Belize tax residents.      
     
Cost of maintaining a company in Belize:      
     
Service Price, USD    
Annual registration fee:
LLC renewal fee is paid one year after the registration date

IBC renewal fee payment is linked to the calendar year (01 January – 31 December)
LLC – 650
IBC – 600
   
Filing, notarization and apostille of original corporate documents 175    
Filing, notarization and apostille of corporate documents certified copies 200    
Filing and notarization of corporate documents certified copies without apostille 60    
A package of statutory documents copies certified by the registered agent (+ courier fee) 75    
Apostille on any document (the cost is for one apostille, if the apostille is not included in the package price, a notarial statement is also required) 75    
Corporate professional director 350    
Corporate professional shareholder 250    
Professional director/shareholder (individual) (for one person including copies of ID documents and utility bills) 350    
Certified power of attorney 80    

Features of Belize offshore companies

Like all offshore companies, Belize offshore companies do not have the right to conduct their activities within the country. Otherwise, the companies will become Belize tax residents.

Cost of maintaining a company in Belize:

ServicePrice, USD
Annual registration fee:LLC renewal fee is paid one year after the registration dateIBC renewal fee payment is linked to the calendar year (01 January – 31 December)LLC – 650
IBC – 600
Filing, notarization and apostille of original corporate documents175
Filing, notarization and apostille of corporate documents certified copies200
Filing and notarization of corporate documents certified copies without apostille60
A package of statutory documents copies certified by the registered agent (+ courier fee)75
Apostille on any document (the cost is for one apostille, if the apostille is not included in the package price, a notarial statement is also required)75
Corporate professional director350
Corporate professional shareholder250
Professional director/shareholder (individual) (for one person including copies of ID documents and utility bills)350
Certified power of attorney80

To carry out the full redomiciliation, you will need to decide on the form of company (IBC or LLC in Belize) and provide your Belize company with the following:

  • One director and/or shareholder. This can be both a legal entity and an individual. It can also be the same person or company.
  • No need to have a company secretary.
  • A registered agent and office are required.
  •  IBC’s annual fee is paid for the calendar year until December 31, and LLC’s annual fee is paid a year after the registration date.
  • Company redomiciliation takes place remotely, without the need to visit the country.
  • Meetings of shareholders/directors are mandatory. They can take place anywhere in the world (possibly remotely – by phone or via the Internet).
  • Accounting is required.

Procedure for redomiciling a company to Belize

To change the country of registration of your offshore company, you need to ensure that your current offshore jurisdiction supports this option. You can request this information from the registered agent, who will also prepare the accompanying documents for you to leave the current offshore zone.

After you have put things in order in your old offshore jurisdiction (paid all the debts and received a Certificate of Good Standing), you can proceed to preparing an application for a change of jurisdiction. This application will include existing organizational documents and other necessary information in accordance with the law.

After submitting the application and supporting documentation, the new Belize offshore registrar will provide you with a company Certificate of Redomiciliation.

The next stage is the adaptation of corporate documentation and accounting in accordance with the laws of Belize.

What is an emergency redomiciliation to Belize?

In urgent cases, the company can go through the process of changing jurisdiction in express mode. For example, it is required in the face of civil unrest, revolution, invasion, or expropriation. Such a service will be a little more expensive, but the redomiciliation process will be as fast as possible.

In case of emergency redomiciliation, the company registrar in Belize has the right to accept company documents by fax or another communication method to complete the routine part and recognize the application as valid. All originals of the required documents must be subsequently submitted.

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Check the list of required documents, and get the details of the process, terms, and costs.

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Steps for transferring an offshore company to Belize

  1. You need to contact us by email and inform us of your desire to change your offshore jurisdiction to Belize.
  2. Next, you need to pay for our assistance in changing jurisdiction for your company. You pay by a card or bank transaction, via WebMoney and Western Union systems, or using cryptocurrencies. The fee for redomiciling a company to Belize is USD 2000.
  3. After you have paid the fee, the process of preparing documentation begins. To redomicile the company to Belize, its directors need to complete and apostille the Application for Change of Jurisdiction. This function can be delegated to our legal partners in Belize by empowering them through a Shareholders’ Resolution. All documents are completed in Belize.

The Application for Change of Jurisdiction of your company, along with a licensed Company Registrar in Belize, must contain:

  •  company name
  • date of incorporation
  •  jurisdiction where the company was incorporated
  • confirmation that the change of company registered jurisdiction was approved by the original jurisdiction
  • confirmation that the change of company registered jurisdiction is carried out in good faith and will not be used to hide, delay or defraud shareholders, creditors, claimants, or other third parties
  • name and address of the new registered agent in Belize
  • any changes to the Memorandum and Articles of Association of the company, which are required to be made in documents in accordance with the laws of Belize (these changes come into force simultaneously with the completion of the application)
  • notarized copies of documents with apostille
  • adopted and signed Shareholders Resolution
  •  Memorandum and Articles of Association
  • Certificate of Good Standing from the offshore company register.

Once all the formalities in Belize have been completed, you will be able to liquidate the old company by signing the Certificate of Liquidation and the relevant Shareholders Resolution.

Terms of company redomiciliation to Belize

Under the standard company redomiciliation process, it will take from one to two weeks. The emergency process of changing jurisdiction takes from 4 hours to one day. But do not forget about the difference in time zones.

You can get more detailed advice regarding redomiciliation to Belize by contacting us by e-mail at info@offshore-pro.info. We will also help you select the most secure bank account based on our free foreign bank account consultation.

We also invite you to check our other services in Belize:

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