Purpose
The purpose of the Fiscal Incentives Program is to encourage investment in Belize by easing the cost of startup for new companies through duty exemption for the first years of operation.
Requirements
Formal letter to the Executive Director of Beltraide
Copy of Articles of Association and Memorandum of Association
Economic Benefits, Financial Statements, Environmental Checklist, Local Banker's Reference/Statement, Phase of Development etc.
Excel Listing of Items requested for Duty Exemption
Process Flow
1. Submit Required Documents
Project proposal must be bounded and submitted in 4 copies to Beltraide
2. Vetting Process
Beltraide forwards completed application to the Ministry of Tourism for vetting within 7 working days.
3. Support Letter Approval
The approved application is returned to Beltraide for final approval.