Rights of Establishment The Revised Treaty of Chaguaramas establishing the CARICOM Single Market and Economy Article 33 mandates CARICOM Member States including Belize to remove restrictions on the right of establishment of nationals of other Member States. The restrictions referred to in the treaty relates to setting up of agencies, branches or subsidiaries in the host countries

Export Promotion Requirements The Revised Treaty of Chaguaramas establishing the CARICOM Single Market and Economy Article 33 mandates CARICOM Member States including Belize to remove restrictions on the right of establishment of nationals of other Member States. The restrictions referred to in the treaty relates to setting up of agencies, branches or subsidiaries in the host countries

Type of Business OwnershipCorporationInternational Business CompanyCorporation To Register as a Corporation To register as a corporation, the services of an attorney will need to be solicited to properly and legally file the relevant documents, including articles of association, etc. The attorney will need to submit the relevant documents to the Office of the Registrar  so

Trade Licenses If a business owner intends to operate in any municipality, whether Belize City or Belmopan, an application for a trade license is necessary. Trade licenses are obtained from the local city or town council. They general criteria for application are outlined below: Submit copy of Business Names Registration Submission of application form Interview

Tax RegimeIncome TaxBusiness TaxGeneral Sales TaxLand TenureIncome Tax Persons who are earning more than $26,000 per year are charged a flat tax rate of 25%. Those who are employed and reside in Belize and whose total income per annum from all sources is less than $26,000 are exempt from Income Tax. According to the Income

Labor Force Minimum Wage Rates The minimum wage rate for Belize is BZ $ 3.30 per hour for all category of workers. The new minimum wage rate became effective on 26th May 2012. Work Permits Requirements:  1) Valid Passport —- Copy of Bio Data Stamped on all pages. 2) Application Form (Angelus Press or Local Book Store) (ALL applicable

Immigration Procedures Visa Requirements Foreign Travelers must have a valid passport and an onward plane ticket for a 30-day Visitor’s Visa to be issued by Belize. Prior to expiration, an application for an extension of a Visitor’s Visa can be made at any of the Immigration Office in the districts of Belize. Citizens from the,

Social Security In Belize, Social Security Board was established on June 1, 1981 under the Social Security Act, Chapter 55 of the Laws of Belize to provide fair and sustainable social insurance to workers. Social Security is Social Insurance that replaces part of your income from work when you become sick, pregnant or disabled. It

Public UtilitiesElectricityTelecommunicationsWaterElectricity With its corporate headquarters located in Belize City, the Belize Electricity Limited (BEL) is the dominant provider of electricity in the country of Belize. Belize, like the United States uses 110 Volts A.C. Services provided: Premise Inspection New Connections to premise Relocation of Service Premise Disconnection – closing of account – refund of deposit Disconnection