What Is the Cost of Registering an IBC Company in Belize?

Since the Belize Companies Act 2022, International Business Companies (IBCs) have been merged into a unified Belize company regime. However, the term “IBC” is still commonly used in international practice to refer to offshore companies incorporated in Belize.

The cost to register an International Business Company (IBC) in Belize is generally viewed as the most competitive compared to other offshore jurisdictions. Usually, the first-year incorporation packages offered by service providers typically range from USD 800 to USD 1,200, including government fees, agent services, and compliance documents. The statutory government license fee itself starts from around USD 250, depending on the authorized capital.

Breakdown of Typical Costs

• Government Incorporation Fee: About USD 100 is the standard fee for a company with an authorized share capital of up to USD 50,000.
• Registered Agent and Office: It is a legal requirement in Belize and is expected to cost between USD 300 and USD 500 annually in a general case.
• Documentation and Compliance: Documentation and compliance support, such as preparing the Memorandum and Articles of Association and issuing share certificates, usually adds USD 200–300, depending on the provider’s service package.
• Annual Renewal Fees: From the second year onwards, the government renewal fee remains around USD 250–1,000, while full-service maintenance packages offered by agents are usually quoted between USD 600 and USD 900 annually.

Reasons for Belize IBCs Are Cost-Effective

• IBCs are free from capital gains tax, inheritance tax, or wealth tax.
• Shareholder and director details are not publicly disclosed; however, beneficial ownership information must be maintained with the registered agent and may be provided to the authorities upon lawful request.
• The incorporation process is efficient and usually completed within 2 to 10 business days, depending on the service provider and regulatory processing time.
• Relatively small yearly upkeep fees in comparison with other offshore centers.

Offshore Company Services offers straightforward, all-inclusive packages for the registration of a Belize IBC. These packages cover company formation, registered agent and office, compliance advisory, and optional offshore bank account opening services, thereby guaranteeing a seamless and compliant setup without any hidden fees that might be a surprise.