Employer of Record in Belize

Guide to Hiring Employees in Belize

Your guide to hiring employees in Belize, covering the employment landscape, working customs, and local labor laws.

Hiring Employees In Belize
Employer Of Record In Belize

Capital City

Belmopan

Currency

Belize Dollar

 (

$

)

Timezone

GMT -6

Payroll Frequency

Tax Year

Employer Tax

Languages

English

Spanish

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How to Hire In Belize

Hiring in Belize for the first time can be overwhelming, especially when navigating unfamiliar employment laws. Whether you hire independent contractors, set up a legal entity, or use an EOR service, understanding the local employment landscape is crucial for success. Playroll’s comprehensive guide can help you get started if you're hiring locally or relocating a team member.

Companies can hire employees in Belize in the following three ways:

  • Setting up a local entity. Entity establishment reduces risk exposure and enables direct hiring, but can be costly and time-consuming – making it less practical for companies seeking quick and flexible solutions for hiring in Belize.
  • Partnering with an Employer Of Record. An EOR, like Playroll, is a third-party entity that serves as the legal employer of your international workforce which hires, pays, and manages compliance with Belize’s labor laws and tax regulations.
  • Hiring independent contractors. Hiring contractors gives companies a flexible, affordable alternative to hiring local employees, though it involves unique misclassification risks.

Good To Know

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.

How to Employ In Belize

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.

Onboarding Process

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.

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Payroll Management in Belize

Payroll Cycle in Belize

The payroll cycle in Belize is usually Monthly, with employees being paid as stipulated in employment contract.

Overview of Employment Taxes in Belize

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The tax-related information provided in this guide is intended for general guidance and informational purposes only. Reach out to our dedicated team for insights on remote hiring in Belize tailored to your needs.

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Leave Entitlements And Company Policies In Belize

Mandatory Leave Entitlement in Belize

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.

Employment Termination and Severance Policies in Belize

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Employer of Record for Belize

  • hire icon Hire employees without entity setup.
  • handshake icon Full compliance, we assume 100% liability.
  • gift icon Handle local payroll and benefits seamlessly.
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FAQS

FAQs About Hiring In Belize

What are the standard employment terms in Belize?

Standard employment terms in Belize include working hours, leave entitlements, and conditions outlined in employment contracts, governed by labor laws and collective bargaining agreements.

Is there a minimum wage requirement for employees in Belize?

Belize has a national minimum wage, ensuring employees receive a baseline level of compensation set by the government.

Are there specific regulations for hiring foreign workers?

Hiring foreign workers in Belize involves obtaining work permits, and employers must comply with immigration regulations and labor laws.

What is the minimum wage in Belize?

As of January 1, 2024, Belize's minimum wage rates are:

  • BZD 5.00 per hour.
  • Applies across all sectors.
  • Reviewed periodically by the government.

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