Belize LLC: An Optimal Choice for Offshore Business in 2026

If you’re seeking an ideal jurisdiction for your offshore company registration, consider Belize LLCs. We will delve into the advantages and compelling incentives of forming an LLC over an IBC. Review the essential requirements for establishing a Belize LLC and take advantage of our experts’ tailored service packages available in 2026. This opportunity enables you to achieve your objectives remotely, cost-effectively, and within a streamlined timeframe.

Belize is an exceptional jurisdiction for offshore company formation. Our experts advocate for establishing a Limited Liability Company (LLC) as the most advantageous structure for new businesses in Belize. Here’s why:

• Belize LLCs not engaged in income-generating activities within Belize are exempt from local taxes, including income tax, business tax, withholding tax, asset tax, gift tax, capital gains tax, distributions tax, inheritance tax, estate duty on assets, and income generated from outside Belize.
• Belize LLCs are not required to file annual tax returns, financial statements, or hold annual general meetings.
• Members’ liability is confined to the value of their ownership shares.
• There is considerable flexibility in planning the company structure and activities.
• 100% foreign ownership is permitted.
• A Belize LLC does not require a minimum authorized capital, allowing for an initial capital of as low as 1 USD.
• Belize LLCs do not need to obtain a Tax Identification Number (TIN).
• Belize LLCs are not subject to economic substance requirements.

As demonstrated, forming a Belize LLC offers substantial benefits, including robust asset protection, cost efficiency, privacy advantages, and minimal tax obligations.

The cost of Belize LLC formation 

Our professional services for Belize LLC formation are available at a price starting from 2950 USD. The package includes:

• Certificate of Formation  
• Articles of Formation and Bylaws 
• Appointment of the First Director and Executive Officers 
• Consent to act as the Director 
• Inaugural resolution 
• Register of Directors 
• Register of Members 
• Ownership Certificate(s) 
• Company Registration 
• State registration fee  
• Registered office (registered address) in Belize 
• One set of original corporate documents
• Worldwide courier delivery of Belize LLC registration documents

Additional services not covered by the minimum package can be selected and paid for separately. For instance, you may choose to use our assistance with opening an additional bank account, recruiting or extending the services of a professional director, obtaining a Good Standing Certificate for the Registry, or accessing notary services, among other options.

The complete menu of our primary and optional services for Belize LLC formation is available upon request.

The added value of Belize LLCs compared to IBCs

A Limited Liability Company (LLC) offers a versatile structure that combines the attributes of both corporations and partnerships. Belize LLCs, governed by the International Limited Liability Company Act (2011), specifically apply to international LLCs established by non-residents of Belize.

The primary advantages of Belize LLCs over International Business Companies (IBCs) are as follows:

• No TIN Requirement: LLCs are not obligated to apply for a Tax Identification Number (TIN).
• Exemption from Economic Substance Requirements: LLCs are not subject to any economic substance criteria in Belize.
• Flexibility in Record-Keeping: Accounting records and reports can be maintained outside of Belize.
• Remote Shareholder Meetings: Shareholder meetings may be conducted outside of Belize.
• Regulatory Perception: LLCs are not classified as high-risk entities under the new OECD or EU regulations.
• Single-Owner Formation: An LLC can be established by a single non-resident individual.
• No Minimum Share Capital: There are no minimum capital requirements for LLCs.
• Director and Shareholder Recruitment: LLCs are permitted to appoint professional directors and shareholders in Belize.

These advantages are particularly noteworthy, especially since 2019, when all Belize IBCs, regardless of tax residency status, became subject to income taxes for conducting trade, business, or services within Belize. IBCs are required to file annual tax returns, maintain accounting records, and undergo audits in Belize.

Benefits of LLC formation in Belize

LLCs and IBCs share several common features, making them the most favored types of legal entities in Belize. Nonetheless, the LLC structure, with its hybrid nature, offers greater flexibility and resilience compared to an IBC, particularly in terms of corporate governance and taxation. Here are eight key benefits worth considering:

1. The liability of Belize LLC members is limited to their contribution or share in the company and does not extend to other members or the business entity itself.
2. All corporate decisions are made through the voting of the members.
3. Taxation of Belize LLC. Due to the tiered tax system, LLC shareholders benefit as follows:
   – Shareholders are exempt from local income tax and related fees.
   – They are not liable for capital gains tax, business tax, withholding tax, estate tax, gift tax, distribution tax, inheritance tax, or taxes on assets or income derived outside of Belize.
   – They are not subject to exchange controls and do not incur duties.
   – Each member of an offshore LLC in Belize is taxed on their individual assets.
   – Given the diverse residency of shareholders, uniform tax rates cannot be applied to all.
4. Asset protection is a crucial factor when choosing a jurisdiction for registering an offshore company. Belize is a prime choice, as its legislation shields LLCs from the debts of their members, including credit liabilities. Additionally, foreign court rulings are not enforceable against a member or manager of a Belizean LLC.
5. Confidentiality: Personal information regarding the beneficial owners of Belize LLCs remains confidential. The LLC is only required to file its charter with the Registry.
6. Redomiciliation of Belize LLCs is permitted under the International Limited Liability Companies Act, 2011 (Parts 11 and 12). LLCs can relocate to Belize from other jurisdictions and vice versa.
7. Simplicity and flexibility: Belize LLCs are not obligated to maintain annual reports or appoint auditors. However, they must provide the company address and registered name to the Register in accordance with the International Limited Liability Companies (Registration) Regulations 2012.
8. Minimal economic substance requirements apply to LLCs in Belize. They are not required to file financial reports, are exempt from local taxes and annual tax return filings, and are not required to hold annual meetings in Belize.

Requirements for LLC formation in Belize

The following requirements must be fulfilled to register a Belize LLC:

• The LLC’s name must reflect the nature of the business and can include abbreviations such as “L.L.C.” or “LLC.” However, the name cannot include terms related to banking, insurance, securities services, trade, or cooperative activities.
• A Belize LLC must have a local office and address, and appoint a registered agent licensed by the International Financial Services Commission (IFSC) to handle incorporation and management services in compliance with the IFSC Act.
• The structure of an offshore LLC must include at least one member and one manager, who may be non-resident individuals or legal entities.
• There is no requirement for Belize LLCs to appoint a secretary.
• Tax Liabilities of a Belize LLC: The LLC is not subject to local taxes if its profits originate from foreign sources and all board members are non-residents of Belize. There is no requirement to declare worldwide income for tax purposes; however, a state fee must be paid for business renewal and registration.
• Belize LLCs are not required to maintain accounting records or report financial activities. The company may keep its records in another jurisdiction.

Limitations of Belize LLCs

Under the Belize International Companies Act 2011, Belize LLCs are restricted from:

• Receiving profits from Belizean residents
• Holding real estate in sole ownership
• Owning shares or other securities of local companies
• Issuing stock, debentures, or securities in the name of Belizean residents

These restrictions may be crucial depending on your business objectives. Therefore, we offer expert advice and assistance with all practical arrangements. During our consultation, we can also discuss other options that may be better suited to your needs.

The formation of your Belize LLC can be completed remotely through the following steps:

1. Contact our specialists at in**@***********rt.com
   1. Discuss and finalize the list of services required
   1. Submit the necessary documentation
   1. Pay the service fee

Once these steps are completed, your offshore company’s documentation will be prepared promptly.

Ready to get started?

To learn more in a consultation, you have two options. You can have a complimentary, fifteen-minute consultation regarding company formation, ideal if you want to get started or learn about our service, or a one-hour consultation for 300 Euros, currently, normally 500, with an expert, if you want to dive deeper.