Lighthouse on Belize: Trusts, LLCs, and Foundations

Table of
Contents.

References are to paragraph (¶) numbers. Each chapter opens at its overview paragraph.

The Detailed Contents lists every section and subsection.

Part IBelize Law, Courts and Regulators

Chapter	Title	Begins at
1	Belize as a Trust, Company and Foundation Jurisdiction	¶ 101
2	The Legal System: Constitution, Common Law and the Courts	¶ 201
3	The Financial Services Commission and the Licensing of Trust and Company Service Providers	¶ 301
4	Conflict of Laws and the Recognition of Foreign Judgments	¶ 401

Part IITrusts

Chapter	Title	Begins at
5	The Trusts Act: Structure, History and Amendments	¶ 501
6	Creating a Belize Trust: Formalities, Capacity and Registration	¶ 601
7	Trustees: Appointment, Powers, Duties and Liability	¶ 701
8	Beneficiaries, Discretionary Interests and Protective Trusts	¶ 801
9	Protectors, Reserved Powers and Letters of Wishes	¶ 901
10	Purpose Trusts and Charitable Trusts	¶ 1001
11	Section 7: Non-Recognition of Foreign Law and Foreign Judgments	¶ 1101
12	Variation, Migration, Duration and Termination	¶ 1201
13	Private Trust Companies and Trust Administration	¶ 1301

Part IIILimited Liability Companies

Chapter	Title	Begins at
14	The Limited Liability Companies Act: History and the 2023 Reforms	¶ 1401
15	Formation, the Operating Agreement, Management and Series	¶ 1501
16	The Liability Shield, the Bar on Veil Piercing and the Member's Interest	¶ 1601
17	Charging Orders and the Member's Creditors	¶ 1701
18	Companies Under the Belize Companies Act 2022 and Holding Structures	¶ 1801

Part IVFoundations

Chapter	Title	Begins at
19	The International Foundations Act 2010: Nature and Formation	¶ 1901
20	Founders, Councils, Protectors and Beneficiaries	¶ 2001
21	Foundation Assets, Non-Recognition and Creditor Protection	¶ 2101
22	Foundations Compared with Trusts and LLCs; Continuation and Conversion	¶ 2201

Part VCreditor Protection and Litigation

Chapter	Title	Begins at
23	Fraudulent-Transfer Claims and the Meaning of "Insolvency" in Section 7(6)⁠(c)	¶ 2301
24	The Insolvency and Bankruptcy Act 2025 and Belize Structures	¶ 2401
25	Litigating in Belize: Procedure, Injunctions and Directions Applications	¶ 2501
26	Belize Structures in Foreign Courts	¶ 2601
27	Structuring with Belize Trusts, LLCs and Foundations	¶ 2701

Part VITax, Reporting and AML

Chapter	Title	Begins at
28	Belize Taxation and the Economic Substance Act 2019	¶ 2801
29	Beneficial Ownership, AML/CFT and International Standards	¶ 2901
30	U.S. Tax and Reporting for Belize Trusts, LLCs and Foundations	¶ 3001

Part VIIForms and Reference

Appendix	Title	Begins at
A	Selected Statutory Provisions	¶ A01
B	Model Belize International Trust Deed	¶ B01
C	Model LLC Operating Agreement	¶ C01
D	Model Foundation Charter and By-Laws	¶ D01
E	Forms: Registrations, Resolutions, Protector Instruments and Court Applications	¶ E01
F	Checklists and Filing Calendar	¶ F01
G	Glossary	¶ G01

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