Limited Liability Company
A Belize Limited Liability Company (LLC) is designed for international business transactions and no business may be conducted directly or indirectly in Belize. As a result of its offshore nature, there are no Belize tax liabilities incurred within a Belize LLC. However a LLC is still a flow-through entity and some members may be responsible for filing an annual tax return in their tax-resident jurisdiction to report their financial earnings in the company. Limited Liability Companies have a 'limited' amount of personal liability and members are liable only up to the amount of their capital contribution to the company. A properly structured offshore Limited Liability Company aids in enhancing anonymity for international business transactions, provides outstanding asset protection benefits from judgement creditors, and may reduce or eliminate various tax liabilities depending on the tax-resident country of the member.
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