Taxes for Companies in Belize (2026): Rates, VAT and Deadlines

This guide summarises the main taxes for companies in Belize in 2026, using the figures published by the tax authority. Rates change by law or decree, so check with an adviser before you file.

Corporate income tax

Under the Income and Business Tax Act (Cap. 55), companies pay business tax on gross receipts, at rates that depend on the type of activity (Ninth Schedule), for example 1.75% for general trade or business and 6% for professional services (Belize Tax Service business tax guide). Since the 2019 amendment, companies other than petroleum companies have no corporate income tax liability from the 2020 basis year.

VAT and indirect taxes

General Sales Tax (GST) is 12.5% on standard-rated supplies and imports. Registration is required once annual taxable turnover reaches BZ$75,000 (Belize Tax Service).

Dividends and withholding tax

Withholding applies to certain payments to non-residents, such as royalties, commissions, management fees and technical services, at rates set in the Act.

Payroll taxes

Employers pay social security contributions every month on top of gross salary. Employee income tax is withheld through payroll and paid to the tax authority monthly. If you hire before you have an entity, an employer of record handles payroll for you.

Filing calendar

Business tax and GST returns are filed monthly with the Belize Tax Service, with an annual return after the end of the basis year.

Tax ID

TIN (Taxpayer Identification Number), issued by the Belize Tax Service. You need it to invoice, open a bank account and register employees.

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