IBC News

Companies Previously Classified as International Business Companies

Pursuant to the enactment of the new Belize Companies Act, Act no. 11 of 2022, and the amalgamation of registries to one Belize Companies and Corporate Affairs Registry, the Director General hereby notifies ALL companies, previously classified as International Business Companies as per the repealed International Business Companies Act, Chapter 270 of the Laws of Belize that effective immediately, your applications for a Tax Identification Number(TIN) must be submitted directly to the Belize Tax Service using the email below:
Internationalcompliance@bts.gov.bz

APPLICATION FOR CERTIFICATE OF GOOD STANDING

APPLICATION FOR CERTIFICATE OF GOOD STANDING The Director General of the Belize Tax Service Department (BTSD) hereby notifies all taxpayers that an application for a Certificate of Good Standing (COGS) from the BTSD must be submitted at least one week prior to the date that it is due.

WIRE TRANSFER NOTICE

We deeply regret to inform you that the wire transfer details provided for payment of your taxes cannot be utilized for that purpose. We will provide the wire transfer details for tax payment purposes next week.
There will be no penalties or interest charged on late payments that were made because of this error.
We apologize for any inconvenience this may have caused as we work to rectify this issue.

AUTOMATIC EXCHANGE OF INFORMATION

AN ACT to amend the Income and Business Tax Act,
Chapter 55 of the Substantive Laws of Belize, Revised
Edition 2011; to enhance Belize’s competitiveness and
stimulate renewed growth in the international financial
services sector; and to provide for matters connected
therewith or incidental thereto.