Set Up an IBC or an LLC in Belize. Apostille and Professional Officers’ Services

What classic Caribbean offshore is better known than Belize? Except maybe, the British Virgin Islands. Belize, in many cases, is a great jurisdiction to register your offshore company. Belize offers IBC/LLC registration at a very attractive price, and guarantees a favorable legal system. All the banks of the world are very familiar with the documents of Belizean international business companies (IBCs) in the first place (LLCs appeared in Belize relatively recently and are still registering slower than IBCs).

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A company in Belize with complete professional service may be of special interest for your business. 


Belize

In order for you to maintain data security it is necessary to give it a serious thought. Offshore Pro Group offers all its customers from now on to pro-actively use the professional service when instead of the beneficial owner’s name the government will only know the name of the professional shareholder or director/manager who will be a natural person, and who will not be registered in a thousand other offshore jurisdictions. For a higher degree of credibility, the professional service can be provided from a jurisdiction other than the jurisdiction of a classic offshore company registration.

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Before deciding whether to use professional officers at all, or whether to use a complete set of professional services, it is better to consult us.

Belize is attractive and interesting to many international business persons since it is a jurisdiction that always tries to be ahead of the curve. Previously Belize was famous for its international business companies (IBCs). Today Belize can also offer registration of a limited liability company (LLC) not only at a very attractive price, but also with an updated legal framework.

Belize can be great for offshore and online startups.

Let us move on and have a more detailed look at the jurisdiction.

Belize was formerly known to everyone as British Honduras that is located on the east coast of Central America in the heart of the Caribbean, and borders on Mexico in the north and on Guatemala in the southwest. Belize is ten times smaller than Great Britain and has a population of about 330,000. The bulk of the country’s life takes place in three cities, Belize City, Belmopan, and Corozal.

Modern Belize offers excellent conditions for offshore business, but apart from that the jurisdiction is famous for its offshore banks that provide a certain number of priorities compared to banks in America or Europe. We would like to remind you that it is not necessary for a Belizean company to have a bank account in Belize. For a company registered in Belize, you can open an account with any bank in the world that works with non-residents. Including a reputable European bank.

Belize is a stable country where you can keep your savings. Life in Belize is measured, and the political environment is stable. The local currency is pegged at 2:1 to the U.S. dollar.

Taxation in Belize is heavenly since all offshore companies are exempt from taxes. However, offshore companies are not allowed to run their business with residents of Belize and acquire real estate in the country.

Offshore Pro Group offers you to register either an IBC or an LLC. In some cases we recommend purchasing a ready-made LLC to expedite the process.

With regard to the main features it is worth mentioning that the standard initial capital for the IBC registration is 50,000 U.S. dollars divided into 50,000 shares with a par value of 1 USD.

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Both IBCs and LLCs must have:

  • One director and/or shareholder;
  • Director and shareholder may be natural persons;
  • Director and shareholder may be the same person;
  • No company secretary is required;
  • Registered agent and registered office are required;
  • Payment for LLC renewal is due one year after the date of incorporation. Payment for IBC renewal is linked to the calendar year (calendar year is January 01 to December 31). If a company is registered in the first half of the year (from January 01 to July 31), the next calendar year’s renewal fee can be paid by December 31 of the current year. If the company is registered in the second half of the year (from July 31 to December 31), the company renewal payment for the next calendar year shall be made in advance at registration in order to avoid penalties (for late payment for the company renewal).
  • Offshore companies are not allowed to derive income from sources in the country of incorporation.
  • No need to visit Belize to register an offshore company.
  • Meetings of shareholders/directors are required, and they can take place anywhere in the world (phone, Internet and other remote possibilities are valid). Minutes can be kept anywhere.
  • Bookkeeping is mandatory.

Our offer for setting up an IBC or an LLC in Belize with complete professional service and apostille (LLC 5049 USD; IBC 5,449 USD)  includes the following services:

  • All registration fees for the first calendar year (through 31/12);
  • Professional director/manager (natural person) including copies of their ID documents and utility bills;
  • Power of Attorney with apostille;
  • Professional shareholder/member (natural person) including copies of their ID documents and utility bills;
  • Declaration of Trust;
  • A set of apostilled Articles of Incorporation;
  • Courier delivery worldwide.

Company Registration (LLC/IBC)

Company Registration (LLC/IBC) USD Service delivery terms
Basic set of corporate documents that includes:
Standard set of registration documents;

Notarization;

Certificate of Incorporation;

Registered agent services (for calendar year);

Registered office (legal address) in Belize;

Courier delivery worldwide
IBC 1,100 + 1,400 (renewal prepayment)
LLC 1,750
2 to 3 business days
Apostilled IBC set:

Certificate of Incorporation
Memorandum of Association and Articles
Appointment of the First Director & Officers & Adoption of By-Laws

Consent to Act as Director

Inaugural Resolution

Ownership Certificate

Register of Directors

Register of Members
1,550 + 1,400
(renewal prepayment)
4 business days
Apostilled LLC set:
Certificate of Organization

Appointment of First Managers

Articles of Organization

Operating Agreement

Capital membership

Register of Managers

Ownership Certificate
2.55 5 business days
Apostille IBC set + complete professional officers’ service:
Company registration;

Payment of state registration fee;

Registered agent services in Belize;

Registered office (legal address) in Belize;

1 set of original corporate documents;

1 set of apostilled copies of corporate documents;

Professional manager/member**;

Apostilled Power of Attorney, original;

Declaration of Trust, original;

Declaration of Trust, copy;

1 set of apostilled copies of the professional officer’s documents;

Certificate of Good Standing of the legal entity acting as professional officer;

Certificate of Incumbency;

Power of Attorney, copy;

Passport copy;

Copy of a utility bill;

Reference letter from a bank or a bank statement;

Courier delivery worldwide
6,513 + 1,400
(renewal prepayment)
5 to 6 business days
Apostille LLC set + complete professional officers’ service:
Company registration;

Payment of state registration fee;

Registered agent services in Belize;

Registered office (legal address) in Belize;

1 set of original corporate documents;

1 set of apostilled copies of corporate documents;

Professional manager/member**;

Apostilled Power of Attorney, original;

Declaration of Trust, original;

Declaration of Trust, copy;

1 set of apostilled copies of the professional officer’s documents;

Certificate of Good Standing of the legal entity acting as professional officer;

Certificate of Incumbency;

Power of Attorney, copy;

Passport copy;

Copy of a utility bill;

Reference letter from a bank or a bank statement;

Courier delivery worldwide
7.514 5 to 6 business days
Payment for annual IBC renewal and maintenance:
Payment of the renewal state fee;

Registered agent services in Belize;

Registered office (legal address) in Belize
1.1 1 business day
Payment for annual LLC renewal and maintenance:
Payment of the renewal state fee;

Registered agent services in Belize;

Registered office (legal address) in Belize;

Renewal Certificate scanned copy (for LLCs only)
1.1 1 business day
Annual payments to the professional officers in Belize:
Professional director/manager 1.399 1 business day
Professional secretary 1.399 1 business day
Professional member 1.399 1 business day
Additional documents after company registration:
Notarized set of corporate documents’ copies 400 1 to 2 business days
Notarized and apostilled set of corporate documents’ copies 670 2 to 3 business days
Copy of Certificate of Incorporation 500 1 to 3 business days
Preparation of registers: Managers/Members/Shareholders/Directors/Mortgages 525 2 business days
Preparation of the minutes of the first Board of Directors’ meeting 320 2 business days for standard documents, over 2 business days for customized documents
Preparation of the minutes of the first Board of Directors’ meeting (notarized) 560 2 business days for standard documents, over 2 business days for customized documents
Share Certificate 300 2 business days
Company search 435 2 to 3 business days
Power of Attorney, simple 399 1 business day
Power of Attorney, notarized 625 1 to 2 business days
Power of Attorney, apostilled 825 2 to 3 business days
Declaration of Trust, simple 600 1 business day
Declaration of Trust, notarized 825 1 to 2 business days
Declaration of Trust, notarized and apostilled 1095 2 to 3 business days
Extra certificates after company registration:
Certificate of Good Standing 680 2 to 3 business days
Certificate of Good Standing, apostilled 950 2 to 3 business days
Certificate of Incumbency, simple:
— standard
— with BOs
— with BOs and shares
500
500
500
1 to 2 business days
Certificate of Incumbency, notarized 725 1 to 2 business days
Certificate of Incumbency, apostilled 995 2 to 3 business days
Tax Exemption Letter 450 5 business days
Tax Exemption Letter, apostilled (for IBCs only) 720 6 business days
Certificate of Dissolution 1 7 business days
Document certification:
Certification signed by the registered/resident agent (per document) 150 2 business days
Certification of registered agent (for a set of documents) 200 2 business days
Notarization (per document) 200 2 business days
Apostille with no certification stamp (per document) 270 2 to 3 business days
Legalization, upon request 3 to 5 business days
Change of company name/capital/structure:
Change of company name 640 1 business day
Change of capital 640 1 business day
Change of share capital (if some or all shares have no par value)
Change of capital if share capital is over $50,000
1.82 1 business day
Change of officers/directors/managers (including drafts and registers) 600 3 to 5 business days
Change of shareholders/members (including drafts, registers and up to 2 Share Certificates) 600 3 to 5 business days
Transfer of ownership (including registers, reissue of new Certificate of Ownership and Share Certificate) 600 3 to 5 business days
Amendments to the Articles of Association (addition of a paragraph, change of capital, etc. i.e. any changes in the company’s Articles of Association that are stamped by the Register) 1.2 3 business days
Reissue of incorporation documents 1.625 3 business days
Amendments to the company Resolution, Memorandum and Articles of Association (introduction of additional paragraphs, capital increase, changes in the Memorandum) 640 3 business days
Amendments (if share capital is over $50,000) to the company Resolution, Memorandum and Articles of Association (additional paragraphs, capital increase, changes in Memorandum) 1.82 3 business days
Changes to the company after registration:
Change of jurisdiction for a company of up to USD 50,000 or less in share capital 2 up to 15 business days
Change of jurisdiction for a company of over USD 50,000 and more in share capital 3.9 up to 15 business days
Certificate confirming the change of jurisdiction 1.2 2 to 3 business days
Restoration of a company struck off the Register (up to 6 months) 1.5 2 to 3 business days
Restoration of a company struck off the Register (over 6 months) 2.625 2 to 3 business days
Company dissolution 1.5 30 business days
Change of registered agent (TransferOut) 1.6 3 to 5 business days
Change of registered agent (TransferIn) (additional renewal payment is required) 500 3 to 5 business days
Other services:
Signing of any document by a professional officer
— for the 1st document;
— for the 2nd document and more
75 1 to 2 business days
Scanned copy of a document (per 1 page) 100 1 business day
International courier delivery 200 3 to 5 business days
Seal 200 5 business days
Negotiated services:
Services of professional director 3.4 TBD individually
General advice To be agreed TBD individually
Legal advice To be agreed TBD individually
Substance for Belize company:
Financial report (up to 20 transactions) 1.9 TBD individually
Financial report (from 20 transactions) from 1,900 TBD individually
Design of website, payment of state registration fee and the registered agent fee The cost depends on complexity TBD individually
Virtual office (Panama) per year:
Address;

Mail/Courier shipment;

Phone with recording function.
3 up to 7 business days

After you register your offshore company in Belize, you will be given a set of the following documents:

  • 1 Certificate of Incorporation in Belize;
  • 1 Articles of Incorporation and By-Laws of the LLC or Belize International Business Company;
  • 1 Minutes of the first meeting appointing a director of an International Business Company or manager for a Belize LLC;
  • 1 Minutes of the first meeting (Appointment of First Director);
  • 1 List of Directors (Register of Directors);
  • 1 List of Shareholders (Register of Shareholders);
  • Share Certificate(s) in your name or in the name of a professional shareholder (if you choose to add a professional director service);
  • Declaration of Trust (if you order professional shareholder service for an additional fee);
  • 1 Apostilled set of copies of corporate documents.
  • 1 Resignation Letter of the professional director, signed but undated.

The service also completely covers the following:

  • registration and preparation of documents for an LLC or an international business company in Belize;
  • registration fees;
  • registered agent services for the first year;
  • registered address for the first year;
  • courier delivery of documents to wherever you want them to be delivered

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We are happy to help our clients select a bank even before registering a company in Belize as part of our free consultation on choosing an offshore or foreign bank account.

IBC/LLC incorporation procedure in Belize with complete professional service and apostille:

1

The first and basic step is your intention to incorporate an IBC/LLC in Belize with complete professional service and apostille. To do this, please contact us at info@offshore-pro.info.

2

In accordance with the service agreement, you will be required to pay a fee for the services provided and assistance in registration of IBC/LLC in Belize, which you can do by card, via the PayPal system or by bank transfer. The fee starts from 5049 USD.

3

Once you have paid the fee, we will start preparing your documents.

To register an IBC/LLC in Belize with complete professional service and apostille, you will be required to provide the following documents:

  • Copy of your passport or other acceptable Identification Document (photo and signature pages).
  • Proof of residence (utility bills);

Notarized copy of a utility bill or a bank statement to prove your address of residence.

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Note: this document should not be older than 3 months by the time your registration documents are submitted. It must also be translated into English and notarized.

  • Company name of your choice;
  • Contact information, i.e. the address where we can send you the documents of your company in Belize.

Company registration in Belize will start after we verify all the documents. The time required to register a company in Belize is up to 1 week.

Please do not hesitate to contact us for advice. Start your company registration right now. We will provide you with the best offshore products with the professional officers’ service.

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