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Circle icon Belize International LLCs

A prominent feature of a jurisdiction actively involved in ensuring its increasing presence in the IFS industry internationally is its commitment to enhancing its laws and introducing legislation that widens the range of services offered by the jurisdiction. With the passing of the International Limited Liability Companies Act, 2011 and more recent amendments to other laws regulating and affecting the IFS industry, Belize is such a jurisdiction.

The International LLC Act was enthusiastically welcomed both within Belize and internationally as it adds to the flexibility of the jurisdiction. A hybrid between a limited liability company and a partnership, the LLC offers its own attractive features for international use while still incorporating the same asset protection provisions available with the IBC. Furthermore, the LLC combines the best of both worlds by offering the advantage of both a corporation and a partnership without the disadvantages of either.

Features of the Belize International Limited Liability Company

Legal System Common Law
Type of Company LLC
Shelf Companies Available Yes
Non-English Company Name allowed Yes
Time to Incorporate 2-5 Days
Change in Domicile Permitted Yes
Taxation on Profits No
Exchange Controls No
Corporate Requirements
Minimum Members 1
Minimum Managers 1
Duration Perpetual
Limited Liability Yes
Location of Meetings Anywhere
Corporate Managers Permitted Yes
Administration Anywhere
Local Requirements
Registered Office/Agent Yes
Company Secretary No
Manager No
Meetings No
Public Filings
Managers No
Members No
Beneficial Owners No
Accounts No
Annual Requirements
Minimum Government Fee US$150
Annual Return No
Accounts Yes
Audited Accounts No

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