- Corporate tax rate 25 0
- Brackets updated
migrated from the production database; research reasoning not recorded.
Top income tax
25.0%
Territorial system
Corporate tax
0.0%
GST
12.5%
standard rate
Tax residency
183 days
14 tax treaties
Belize tax profile
Data year: 2026
- Tax system
- Territorial Belize taxes Belize-source income only; foreign-source employment income is generally outside scope when derived abroad. Employed residents pay income tax at 25% on chargeable income after deductions. Since the 2020 income-tax structure (restated in the 2024 amendments), persons other than employed individuals do not pay income tax on chargeable income; they pay business tax on gross receipts under Part X instead (petroleum and designated processing areas excepted).
- Top PIT rate
- 25.0%
- Corporate tax rate
- 0.0%
- GST
- 12.5%
- Capital gains tax
- No Capital Gains Tax
- Social security (employee)
- 4.5%
- Social security (employer)
- 5.5%
- Social security cap (annual)
- BZD 27,040
- Dividend withholding
- 15.0%
- Interest withholding
- 15.0%
- Royalty withholding
- 25.0%
- Treaty count
- 14
Income tax brackets
Corporate
| Bracket min | Bracket max | Rate |
|---|---|---|
| BZD 0 | and above | 0.0% |
Personal income
| Bracket min | Bracket max | Rate |
|---|---|---|
| BZD 0 | BZD 29,000 | 0.0% |
| BZD 29,000 | and above | 25.0% |
Tax flags
Territorial Exemption
Tax residency
- Days threshold
- 183 days
- Residency rules
- Resident if domiciled in Belize or present for more than 182 days in aggregate during the basis year (calendar year). Temporary visitors without intent to establish residence may be exempt on Belize-source income if total stays are under six months in the year.
- Exit tax
- No
- CFC rules
- No
Filing information
- Fiscal year
- 01-01 – 12-31
- Filing deadline
- March 31
Sources
- Belize Tax Service — income tax calculator (accessed Oct 9, 2026) Employed PIT 25%; BZD 29,000 exemption; BZD 20,000 basic deduction above threshold; mid-band credit BZD 29,001–32,000
- Income and Business Tax Act (Cap. 55) (accessed Oct 9, 2026) Territorial scope, residency (182+ days), employed PIT, business tax schedules, withholding on dividends/interest/services
- Income and Business Tax (Amendment) Act, 2024 (Act No. 40) (accessed Oct 9, 2026) Section 16 personal relief; no CIT on non-employed chargeable income; repeal of time-deposit interest tax; treaty relief
- Belize Tax Service — amendments notice (Feb 2025) (accessed Oct 9, 2026) Plain-language summary of 2024 IBTA changes including BZD 29,000 employed exemption
- Social Security Board — contributions (accessed Oct 9, 2026) 10% combined rate on weekly insurable earnings; BZD 520 weekly ceiling from April 2022
- BELTRAIDE — taxes in Belize (accessed Oct 9, 2026) GST 12.5%; business tax registration above BZD 75,000; industry gross-receipts rates