Compare LLCs

Offshore LLC Comparison

FeaturesAnguilla LLCBelize LLC (LDC)Nevis LLC
Members One (1) minimum One (1) minimum One (1) minimum
Duration Perpetual — except if otherwise stated in the Operations Agreement Legislation allows a maximum life span of fifty (50) years after which LLC can be renewed Perpetual except if otherwise stated in the Operations Agreement.
Management Members can assume management of LLC or appoint non- member managers Members can assume management of LLC or appoint non- member managers Members can assume management of LLC or appoint non- member managers
Taxation No local taxes imposed. Profits or losses passed on to members No local taxes imposed. Profits or losses passed on to members No Local taxes imposed. Profits and losses passed on to LLC members.
Asset Protection / Privacy Yes Yes Yes
Annual Filings / Annual Meetings Not required by regulation/laws Not required by regulation/ laws Not required by regulations/ law.
Board of Directors No No No
Shares Issued No No No
Company Names Must indicate limited liability and include ‘LLC’ in name Must indicate limited liability and include ‘LDC’ in name Must indicated limited liability and include ‘LLC’ in name
By-Laws No No No
Operating Agreement Optional, and no obligation to file Optional, and no obligation to file Optional, and no obligation to file
Local registered agent and local address Required Required Required
Maintenance Annual renewals Annual renewals Annual renewals
Continuance / Re-domiciliation Allowed Allowed Allowed