Business Friendly Tax Regime
- Payable at a rate of 25% on taxable income for all employed residents in Belize earning over BZ $26,000 (US$13,000) per annum.
Business Tax
- Businesses, companies and self-employed persons earning in excess of BZ $54,000 per annum must pay business tax.
- Rate varies according to business classification.
- Paid monthly to the Income Tax Department.
| Business Classification | Rate of Business Tax |
| Trade or Business | 1.75% |
| Professional Services | 6.0% |
| Commissions and Royalties | 5.0% & 15.0% |
| Rental Income | 3.0% |
| Radio, On-air TV, and Newspaper Revenue | 0.75% |
| Domestic Airline Revenue | 1.75% |
| Insurance Institutions General Revenue | 1.75% |
| Telecommunications Revenue | 19.0% |
| Fuel/Lubricant Revenue | 0.75% |
| Casino and Gaming Revenue | 4.0% |
| Real Estate Business | 15.0% |
| Tour Operators & Travel Agents | 6.0% |
General Sales Tax (GST) Continue reading “Why Belize?”
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