Capital City
Belmopan
Currency
Belize Dollar
(
$
)
Timezone
GMT -6
Payroll Frequency
Tax Year
Employer Tax
Languages
English
Spanish
Capital City
Belmopan
Currency
Belize Dollar
(
$
)
Timezone
GMT -6
Payroll Frequency
Tax Year
Employer Tax
Languages
English
Spanish
Belize has one of the smallest economies in Central America with a Freedom Score of 56.6 making it 19th freest index in 2022.
Belize focuses its economy heavily on agriculture (10.2%), tourism and services (71.1%), which make up 81.3% of its entire economy.
Significant foreign investments can be seen in the energy, telecommunications, and agricultural sectors, with a 4.8% share (2020) in the GDP of the country.
Belize has a thriving entrepreneurial sector, with many startups and businesses offering innovative solutions and services.
Businesses can only operate smoothly in Belize if they comply with local labor laws including drafting compliant employment contract agreements and meeting taxation and payroll obligations. Learn more about the employment laws and regulations in Belize below, to avoid any compliance issues.
We can help you get a new employee started in Belize quickly, with a minimum onboarding time of just 1-2 working days. The timeline starts once the employee submits all required information onto the Playroll platform and completes any necessary local authority registrations. For non-nationals, the Right to Work assessment (if applicable) may add up to three extra days. Additional time may be needed for follow-ups on this assessment.
The payroll cycle in Belize is usually Monthly, with employees being paid as stipulated in employment contract.
In Belize, work permits and visas are essential for employers hiring foreign workers. The process involves submitting applications to the Ministry of Labour, meeting specific eligibility criteria, and providing required documentation such as job offers and qualifications. Key visa types include the Temporary Employment Visa, Permanent Employment Visa, Skilled Worker Visa, and Temporary Work Permit for Volunteers. Employers must ensure they follow the appropriate procedures and demonstrate that local workers cannot fill the positions in order to sponsor foreign employees.
The annual leave entitlement in Belize is 14 days for a full time worker. These can include public holidays on top of that or within those days, which would otherwise be unpaid.
An Employer of Record (EOR) helps businesses manage annual leave, paid time off (PTO), and local holidays across the globe, including in Belize. By partnering with an EOR, companies ensure full compliance with local labor laws in Belize when it comes to annual leave and time-off management. EOR providers like Playroll offer platforms that simplify tracking and managing employee time off in Belize. By outsourcing this responsibility to Playroll, you can streamline leave management, ensure compliance, and free up time to focus on other business priorities.
Disclaimer
THIS CONTENT IS FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE LEGAL OR TAX ADVICE. You should always consult with and rely on your own legal and/or tax advisor(s). Playroll does not provide legal or tax advice. The information is general and not tailored to a specific company or workforce and does not reflect Playroll’s product delivery in any given jurisdiction. Playroll makes no representations or warranties concerning the accuracy, completeness, or timeliness of this information and shall have no liability arising out of or in connection with it, including any loss caused by use of, or reliance on, the information.
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