Is Belize on the EU blacklist?

No. Belize is on EU Annex II, the grey list of cooperative jurisdictions with pending tax-governance commitments, not Annex I (the actual blacklist). As of the February 2026 EU update it remains on Annex II. We disclose it honestly: the reputation is mid-tier, banking is more selective than for a US LLC, and some EU counter-parties may apply enhanced due diligence. General information, not legal advice.

Is my ownership public in Belize?

No. Belize does not operate a public register of beneficial owners, so your name is not on a searchable database. The licensed agent still collects and verifies your beneficial-ownership identity at the formation stage under Belize AML law, regardless of our platform tier, and keeps those records for the regulator and certain treaty law-enforcement requests. Privacy from public search is real; opacity to the regulator is not. Anonymous formation is not available on this SKU.

Do US persons save tax with a Belize IBC?

No. A Belize IBC does not reduce your US tax. CFC and Subpart F rules apply, and you carry FBAR, Form 8938, and Form 5471 obligations where relevant. We form the entity; we do not file your taxes and we are not your accountant. Use a competent cross-border tax advisor. General information, not tax advice.

How fast is it, and what does it cost?

About 5 business days for formation. The $1,099 all-in Year-1 price, filed through the licensed agent, is settled in BTC (on-chain or Lightning) or USDT via BitSettle, government fees included. Year-2 onward is $599/yr for the registered agent and government renewal. The Caribbean banking introduction is a separate add-on, and bank-account opening typically adds 30 to 60 days.

SKU #8 · Belize · GRAY

Belize IBC formation

Belize IBC filed through a licensed International Financial Services Provider with 25+ years jurisdictional track record. Optional Caribbean-banking introduction available as a separate add-on through Caye International.

Tier: GRAY
Formation: up to 5 business days
KYC: Tier 1
Renewal: $599/yr

Quick answer

What is the Belize IBC formation and what does it cost?

Offshore IBC, EU-disclosed corridor. It is $1,099 all-in / ₿0.01380653 / 1,380,653 sats, paid in Bitcoin or USDT, and formation takes 5 business days.

Tier: GRAY
All-in price: $1,099 all-in / ₿0.01380653 / 1,380,653 sats
Year-2 renewal: $599/yr
KYC tier: Tier 1
Formation time: 5 business days
EU / FATF status: EU Annex II, off the FATF lists

Who this is wrong for:Belize sits in the gray tier on EU Annex II, and its reputation is mid-tier at best. Some institutional counter-parties, particularly US securities lawyers and certain EU corporates and banks, will treat a Belize entity with more scepticism and heavier due diligence than a BVI or Cayman structure. If you need an offshore vehicle that sophisticated counter-parties wave through, BVI is the better spend.

What's included

Belize government registration fee: we file and pay it on your behalf
Memorandum of Association
Articles of Association
First Subscriber Resolution
Director Consent
Beneficial Owner Declaration (required under Belize AML obligations and the Belize Companies Act)
First-year licensed Belize registered-agent service (a regulated International Financial Services Provider)
Sanctions screen on the order (OFAC, EU, UN) + Tier 1 KYC

What's NOT included

Apostille (sold separately at $189; adds roughly 5 to 10 business days where a bank or counter-party requires legalized documents)
Year-2+ registered-agent and government renewal ($599/yr)
Caribbean banking introduction (separate add-on, not bundled into the base formation price)
Bank account opening (separate post-formation flow; plan 30 to 60 days)
Any tax preparation or filing (we form the entity; for US-person obligations we refer you to a US Enrolled Agent)
Mail forwarding

We list what's not included on every product page so there are no checkout surprises.

When to choose this product

Operator-grade use case

The low-cost recognizable Caribbean IBC. Use it when you want a non-US holding or trading vehicle at an all-in price in line with Seychelles, filed under a mature statute: the IBC framework dates to 1990 and was consolidated into the Belize Companies Act in 2022. Belize is GRAY, on EU Annex II as of February 2026, the grey list of cooperative jurisdictions, not the Annex I blacklist; we disclose the flag so you self-select. Belize does not publish a UBO register, so your name is not on a searchable database, though the licensed agent still identifies you and keeps records.

Most appropriate for non-US Bitcoin operators running a foreign-source-income business who want a familiar Caribbean structure and an optional banking introduction in the same corridor. It is one of the few corridors where the same regional network can extend a banking introduction as an add-on, which can compress the usual 30 to 60 day onboarding lag when it goes smoothly.

Less ideal for US persons (a Belize IBC does not reduce US tax; CFC and Subpart F rules apply and you carry FBAR, Form 8938, and Form 5471 obligations where relevant), for operators who need US business banking (major US rails do not onboard Belize IBCs; pair it with a WY or NM LLC instead), and for operators whose counter-parties expect institutional-grade offshore paper that clears diligence without friction (BVI is the better spend there).

KYC document checklist

What you'll need to hand us

Tier 0

Applies

Email address
Country of residence
Intended use statement (free-text)

Tier 1

Required

Government-issued photo ID (passport or national ID)
Proof of address (utility bill, bank statement, or government letter, dated within 90 days)
Source-of-funds attestation (drop-down + free text)
Optional: PEP and adverse-media screening consent

Tier 2

Not required

Everything in Tier 1
Beneficial owner declaration for every party with 25%+ ownership
Source-of-wealth documentation (tax return, employment letter, salary, asset proof)
Manual enhanced-due-diligence reviewer notes from our KYC partner

FAQ

Common questions

Is Belize on the EU blacklist?: No. Belize is on EU Annex II, the grey list of cooperative jurisdictions with pending tax-governance commitments, not Annex I (the actual blacklist). As of the February 2026 EU update it remains on Annex II. We disclose it honestly: the reputation is mid-tier, banking is more selective than for a US LLC, and some EU counter-parties may apply enhanced due diligence. General information, not legal advice.
Is my ownership public in Belize?: No. Belize does not operate a public register of beneficial owners, so your name is not on a searchable database. The licensed agent still collects and verifies your beneficial-ownership identity at the formation stage under Belize AML law, regardless of our platform tier, and keeps those records for the regulator and certain treaty law-enforcement requests. Privacy from public search is real; opacity to the regulator is not. Anonymous formation is not available on this SKU.
Do US persons save tax with a Belize IBC?: No. A Belize IBC does not reduce your US tax. CFC and Subpart F rules apply, and you carry FBAR, Form 8938, and Form 5471 obligations where relevant. We form the entity; we do not file your taxes and we are not your accountant. Use a competent cross-border tax advisor. General information, not tax advice.
How fast is it, and what does it cost?: About 5 business days for formation. The $1,099 all-in Year-1 price, filed through the licensed agent, is settled in BTC (on-chain or Lightning) or USDT via BitSettle, government fees included. Year-2 onward is $599/yr for the registered agent and government renewal. The Caribbean banking introduction is a separate add-on, and bank-account opening typically adds 30 to 60 days.