Limited Liability CompanyBelize
What it takes to form, own and run a private limited company in Belize, and how its profit is taxed. Each figure links to the page it was read from.
This company type
At a glance
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A limited liability company may, but need not, have more than one member.
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managers may be natural persons, corporations, limited liability companies, partnerships, trusts or foundations, or other business entities, of any nationality and need not be a resident of Belize or a member of the limited liability company.
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The articles of organisation shall state, (a) the name of the limited liability company; (b) the name, address and signature of the registered agent in Belize; (c) the name and address of the person who signed the articles of organisation;
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Registration of international Limited Liability Company | $150.00
Form it
Who registers it
- Registry
- Formed without visiting
- Yes
- Formed online
- Not stated
The registry’s and the law’s own pages do not mention it.
What it takes to form
- A notary
- Not required
- A resident director
- Not required
- Paying up the capital
- Not in our records
Own it
Who may own and run it
- Directors
- None need live there · a company may be one
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managers may be natural persons, corporations, limited liability companies, partnerships, trusts or foundations, or other business entities, of any nationality and need not be a resident of Belize or a member of the limited liability company.
- Shareholders
- Does not apply
- Members
- At least 1 · one person may form it alone
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A limited liability company may, but need not, have more than one member.
- A local company secretary
- Not stated
The registry’s and the law’s own pages do not mention it.
- A local registered agent
- Required
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An LLC can only be incorporated by a Licenced Registered Agent.
Each year, at the registry
- Annual registry fee
- 150 (currency not stated by the source)
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Renewal Fee | $150.00
- Accounts on the public record
- Not stated
The registry’s and the law’s own pages do not mention it.
- Audit for a small company
- Not stated
The registry’s and the law’s own pages do not mention it.
- Audit
- Not in our records
Important dates
When each obligation falls due, as the authority states it.
Not in our records No dates for the Limited Liability Company are in our records.
What is public
- Directors
- To the authorities only
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request inspection of following information contained in the Register–
- Shareholders
- To the authorities only
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request inspection of following information contained in the Register–
- Beneficial owners
- To the authorities only
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request inspection of following information contained in the Register–
Tax
Tax on profit
How this company type is taxed, which can differ from its place’s headline rate.
Headline rate · 0%+4 regimes
International LLC Act Cap. 270:01 s.94(1): the company is not subject to any income tax, business tax, withholding tax or like tax based on assets or income originating outside Belize, or on administration matters in Belize. Tax on income arising in Belize is not addressed in the Act.
Special regimes that may apply
- International business company (International Business Companies Act, Chapter 270, read with the Income and Business Tax Act, Chapter 55, section 21) other · 1.75%
A company incorporated, registered or continued as an international business company under the International Business Companies Act (Chapter 270) International Business Companies Act (Chapter 270), section 130, read with the Income and Business Tax Act (Chapter 55), section 21, first paragraph, paragraph (b) - Commercial Free Zone (Free Zones Act, Chapter 278) free zone · 100% exempt
A CFZ business — a business licensed to operate within a commercial free zone — and a CFZ developer Free Zones Act (Chapter 278), section 27 - Designated Processing Area (Designated Processing Areas Act, Chapter 280) free zone
An approved company holding DPA status granted by the Designated Processing Areas Council, operating within a designated processing area Designated Processing Areas Act (Chapter 280), section 18, read with the Income and Business Tax Act (Chapter 55), section 21, first paragraph, paragraph (c) - Fiscal Incentives Act, Chapter 54 — approved enterprise other
A company approved by the Minister as an approved enterprise under an order made under section 4 of the Act, producing an approved product or service Fiscal Incentives Act (Chapter 54), section 6 (tax holiday), read with section 4 (orders of the Minister)
Whether a company qualifies depends on its activity and conditions set in each statute.
- CFC rules in Belize
- Not in our records
Close it
Closing it
The other end, which most guides leave out.
Not in our records Route, Statutory fee: none of these is in our records for the Limited Liability Company.
Every business in Belize
GST
- The tax
- General Sales Tax (GST)
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Administering income tax, business tax, and general sales tax (GST) in accordance with the relevant legislation.
- Standard rate
- Not in our records
- Other rates
- Not stated
- Registration threshold
- Not in our records
- A foreign company
- See the note
The Belize Tax Service Department's own site is a script-drawn application that serves no readable text, so no non-resident rule could be read.
- Tax authority
- Belize Tax Service Department (BTS), Ministry of Finance
Payment and banking services
None of the services whose lists we hold names Belize. Each provider, and what a listing means.
Reference
Its name and code
- Kind
- Private limited companyDerived our grouping, the same words in every country
- Name in law
- Limited Liability Company
- Identifier
- BZ-LIMITED-LIABILITY-COMPANYA form ISO 20275 does not list.