How do I register my business in Belize?

How much does it cost to register a business in Belize?

Incorporation costs in Year 1 amount to US$1,800 and annual company costs in Year 2 and thereafter amount to US$1,100.

Fees.

Different Belize entity types Cost Draft invoice
Tax resident 250 company US$10,350 View invoice PDF
Licensed forex trading company US$27,700 View invoice PDF

Where do I register my business in Belize?

According to the Business Names Act, Chapter 247 of the Laws of Belize, every firm or individual having a place of business in Belize should register their business name. Responsible for “Business Names Registration” is the Belize Companies Registry located in Belmopan City.

How do I set up a business in Belize?

Key Steps to Incorporate in Belize

Complete a Memorandum and Article of Association (M&A) and submit this to the Registrar in Belmopan along with the formation fee. A Certificate of Incorporation will be issued by the registrar and it should be displayed at the registered office of the company.

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How do I register an LLC in Belize?

Establish an LLC in Belize in 5 Simple Steps

  1. Determine the Owner or Owners for Your Belize LLC. A minimum of one person, or one legal entity, is required to register an LLC in Belize. …
  2. Pick a Name for the LLC. …
  3. Choose a Registration Agent to Help You Register Your LLC in Belize.

What are the requirements for registering a business name?

The requirements for registration of business name are minimal and simply involve names and identification of the partners or proprietors of the business, where more than one person is to register the business name. The requirements may also include a partnership deed where necessary.

What does registering a business name do?

A business name, also known as a trading name, is a name or title under which a person, or other legal entity, carries on business. When you register a business name, you register it nationally. This means you can operate your business in any state or territory in Australia.

Who owns Belize Central Bank?

Central Bank of Belize

The building of the Central Bank of Belize was built to look like a Mayan temple.
Headquarters Belize City, Belize
Established January 1, 1982
Ownership 100% state ownership
Governor Gustavo Manuel Vasquez

Who needs a trade license in Belize?

If a business owner intends to operate in any municipality, whether Belize City or Belmopan, an application for a trade license is necessary. Trade licenses are obtained from the local city or town council.

What companies are in Belize?

Notable firms

Name Industry Headquarters
Belize Telemedia Limited Telecommunications Belize City
Central Bank of Belize Financials Belize City
Great Belize Productions Consumer services Belize City
Great Belize Television Consumer services Belize City
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How do I incorporate in Nevis?

To incorporate your business into Nevis, you must first get yourself a registered agent who holds a Nevis Island Administration license and also has a registered office with Nevis.

How do I open an offshore company in Seychelles?

Assistance in opening an offshore company in Seychelles

  1. drafting and vetting the documents required for the company registration procedure;
  2. assistance in opening the corporate bank account for the IBC company;
  3. filing the documents with the Trade Register and registration with the tax authorities;

What is an LLC in Belize?

A Belize LLC or Limited Liability Company offers superior protection of its members (owners) than the other legal entities offered in Belize. … A more recent law created in 2011 allows for the formation of a Limited Liability Company (LLC) governed by the International Limited Liability Companies Act.

Is Belize limited or unlimited?

Belize LLC does not require unlimited liability of at least one general member like the limited partnership structure, but it limits the company member’s liability to the amount they make the contribution to the company.

What is an example of a limited liability company?

An LLC allows the pass-through taxation of a partnership with the limited liability of a corporation. … Many well-known companies are structured as LLCs. For example, Anheuser-Busch, Blockbuster and Westinghouse are all organized as limited liability companies.