Compare jurisdictions side by side
See 2 or 3 jurisdictions side by side: all-in cost for year 1 and year 2, headline tax, audit, registers and time to form. Belize is a good fit for low-cost holding & trading. British Virgin Islands is a good fit for holding, JV, investment vehicle.
| Comparing2 jurisdictions | Belize | BVI |
|---|---|---|
| Cost | ||
| Year 1 all-in | BelizeUS$1,490Lowest | BVIUS$1,925 |
| From year 2 | BelizeUS$1,290Lowest | BVIUS$1,450 |
| 3-year cost (Starter) | BelizeUS$4,070Lowest | BVIUS$4,825 |
| Tax & reporting | ||
| Headline tax | Belize0% foreign-source* | BVI0% local |
| Annual audit | BelizeNo | BVINo |
| Public register | BelizeNot public | BVINot public |
| Setup | ||
| Type | BelizeOffshore | BVIOffshore |
| Entity | BelizeCompany limited by shares (formerly IBC) | BVIBVI Business Company |
| Minimum directors | Belize1 | BVI1 |
| Legal system | BelizeCommon | BVICommon |
| Time to form | Belize1–3 business days | BVI2–5 business days |
| Best for | BelizeLow-cost holding & trading | BVIHolding, JV, investment vehicle |
Ask about this comparison
AI answers from OCC’s published prices & facts · no sign-upWhich one for your situation
You need a business bank account soon
Any of them can work. We introduce you and prepare the application; the bank decides.
You want a lower running cost
Belize, from US$1,290 a year based on published year-2 prices.
You only hold shares or other assets
Any of them can hold assets. Your home country may still tax the income, so check that first (confirm with your specialist).
You need it fast
Belize, typically 1–3 business days after KYC approval.
General guidance based on headline rules, not tax or legal advice. Your specialist confirms how tax residency, substance and banking apply to you before you pay.