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. Cayman Islands is a good fit for funds, listing vehicles, institutional holding.
| Comparing2 jurisdictions | Belize | Cayman |
|---|---|---|
| Cost | ||
| Year 1 all-in | BelizeUS$1,490Lowest | CaymanUS$3,990 |
| From year 2 | BelizeUS$1,290Lowest | CaymanUS$3,490 |
| 3-year cost (Starter) | BelizeUS$4,070Lowest | CaymanUS$10,970 |
| Tax & reporting | ||
| Headline tax | Belize0% foreign-source* | Cayman0% local |
| Annual audit | BelizeNoBest | CaymanFunds only |
| Public register | BelizeNot public | CaymanMembers and BO not public; directors list open to inspection |
| Setup | ||
| Type | BelizeOffshore | CaymanOffshore |
| Entity | BelizeCompany limited by shares (formerly IBC) | CaymanExempted Company |
| Minimum directors | Belize1 | Cayman1 |
| Legal system | BelizeCommon | CaymanCommon |
| Time to form | Belize1–3 business days | Cayman3–5 business days |
| Best for | BelizeLow-cost holding & trading | CaymanFunds, listing vehicles, institutional holding |
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.