Taxation - Belize | Interstatus - Group of Companies Taxation – Belize – Interstatus – Group of Companies

Belize taxation provisions:

Belize incorporated companies are totally tax exempt:

  • income tax, tax on dividends, interest and royalty – 0%;
  • capital gains tax – 0%;
  • tax withholding at source – 0%;
  • value added tax – 0%;
  • wealth and inheritance tax – 0%.

Instead of tax, Belize corporations of any type must pay an annual registration fee based on the amount of their authorised capital:

  • up to $50,000 – $100 per year;
  • up to $50,000 with shares without nominal value – $350 per year;
  • above $50,000 – $1,000 per year.

If the company fails to pay the registration fee on time a penalty of 50% of the fee is applied.

Double tax treaties:

Belize has double tax treaties with the UK, Sweden, Denmark and some Caribbean countries.