Company formation in Belize
Company (former IBC)
Legal minimum, year 1£980
Legal minimum, per year after£310
Typical year 1£1,560
Corporation tax0%Ease Banking
Every fee
Setting up
Government fee£270
About $350 registry feesRegistered agent formation£400 to 900
Required
Share capitalNone
Time to form2 to 5 days
Running it, per year
Annual registry fee£80 to 270
Required
Registered agent£230 to 700
Required
Legal minimum after year 1£310
Audit: None for mostForeign ownersNo resident directorFully remote via registered agent
Tax0% on foreign income if no Belize activity; rules overhauled in 2022Dividend withholding: 0%VAT/GST: None
BankingVery hard to bank
The IBC regime was replaced by the Belize Companies Act 2022. Confirm current tax treatment.
SourcesPwC tax summary
Questions
- How much does it cost to set up a company in Belize?
- The legal minimum for the first year is £980, counting only what the law requires and doing every filing yourself. A typical first year, with an accountant, costs about £1,560. The government fee is £270 (About $350 registry fees). Share capital is not included.
- How much does it cost per year to run a company in Belize?
- The legal minimum after the first year is £310 a year. Running costs including optional and practically needed services range from £310 to 970. Audit: None for most.
- Do I need a local director in Belize?
- No. No resident director.
- Can a non-resident form a company in Belize remotely?
- Yes. Fully remote via registered agent.
- What is the corporation tax rate in Belize?
- 0% on foreign income if no Belize activity; rules overhauled in 2022. Dividend withholding: 0%. VAT/GST: None.
- How long does it take to form a company in Belize?
- 2 to 5 days.
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