Belize Limited Liability Partnership (LLP) is another international financial service that has recently drawn much attention. This new business structure can be the ideal for many businesses.

Belize Limited Liability Partnership is a business structure that allows for members of an LLP to freely concur among themselves the relationship between them, as partners do in a partnership.

Key Features of Belize LLP

Belize LLP

Corporate Details

General

  • Type of Entity

Limited Liability Partnership (LLP)

  • Registered Office in Belize

Yes

  • Access to Double Taxation Treaties

No

Share capital or equivalent

  • Standard currency

Belize Dollar

  • Permitted currencies

Any

  • Issued Capital

US$ 2

  • Usual authorized

None

No

  • No par value shares allowed

No

Directors

  • Minimum number

One

  • Local required

Yes

  • Publicly accessible records

N/A

  • Location of meetings

N/A

  • Corporate directorship allowed

N/A

Members/Shareholders

  • Minimum number

Two

  • Publicly accessible records

Yes

  • Corporate shareholder allowed

Yes

  • Location of meetings

Anywhere

Accounts

  • Requirements to prepare

Yes

  • Audit requirements

No

  • Requirements to file accounts

Yes

Other

  • Requirement to file annual return

Yes

  • Migration of domicile permitted

No

Tax treatment

A Belize LLP is tax exempted.

Duration for set up of the Partnership

One month.

Distinctive Advantages of Belize LLP

  • No foreign information-exchange agreements on any grounds
  • Exemption from taxes on all income
  • No currency restrictions

The Valsen Advantage

  • Speedy, Efficient and consistent Services.
  • Relentless effort to obtain bank accounts.
  • Expert advice on structuring options.
  • Dedicated ongoing compliance support