Comparison · Offshore
BVI vs Belize, compared.
Both 0% on non-resident income.
30-second answer
BVI for VC-backed and institutional-facing structures. Belize for cost-sensitive nominee structures where reputation matters less.
Side-by-side
| Option | All-in Y1 | Tax |
|---|---|---|
| BVI BC | USD 8,500 | 0% non-resident |
| Belize IBC | USD 2,200 | 0% non-resident |
Key differences
- BVI is on EU cooperative list; Belize has had grey-list issues
- BVI is the global venture standard; Belize is rarely used in institutional deals
- Belize is approximately 50% cheaper than BVI
- Both require beneficial-ownership disclosure to authorities
- Bank-account opening for Belize companies is materially harder than BVI
Updated 16 May 2026 by ArxSetup. Reviewed by senior counsel.