Find your employer of record in Belize

Belize famous place - EOR World Wide
Belize - EOR World Wide

Belize

currency

Belize Dollar (BZD)

Currency

Payroll_Frequency

Payroll Frequency

Employer_Tax

5 to 8.13

Employer Tax

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Overview

Capital

Currency

Date Format

Fiscal Year

Reviews

Belmopan

Belize Dollar (BZD)

DD/MM/YY

April 1st-March 31st

0 / 5 Star (0 Reviews)

Belize famous place - EOR World Wide

Find your employer of record in Belize

Belize

currency

Belize Dollar (BZD)

Currency

Payroll_Frequency

Payroll Frequency

Employer_Tax

5 to 8.13

Employer Tax

Overview

Capital

Currency

Date Format

Fiscal Year

Reviews

Belmopan

Belize Dollar (BZD)

DD/MM/YY

April 1st-March 31st

0 / 5 Star (0 Reviews)

0

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Overview

Belize Dollar (BZD)

CURRENCY

Belmopan

CAPITAL

PAYROLL FRECUENCY

13

PUBLIC HOLIDAYS

5 to 8.13

EMPLOYER TAXES

13TH / 14TH SALARY

The 13th Salary in this region is usual and typically given at the end of the year.

Employee and employeer taxation in Belize

Employer

Company Payroll Contributions


  • 7.54%: BZD140 – BZD179.99
  • 7.03%: BZD180 – BZD219.99
  • 6.69%: BZD220 – BZD259.99
  • 6.45%: BZD260 – BZD299.99
  • 6.27%: BZD300 – BZD339.99
  • 6.12%: BZD340 – BZD379.99
  • 5.96%: BZD380 – BZD419.99
  • 5.81%: BZD420 – BZD459.99
  • 5.65%: BZD460 – BZD499.99
  • 5.50%: BZD500 and up


Total employment cost: 5.50% - 8.13%


0% - 0%



0% - 0%

Total Employment Cost

Employee

Worker Payroll Contributions


  • 1.88%: 0 BZD – 139.99 BZD
  • 2.46%: BZD140 – BZD179.99
  • 2.97%: BZD180 – BZD219.99
  • 3.31%: BZD220 – BZD259.99
  • 3.55%: BZD260 – BZD299.99
  • 3.73%: BZD300 – BZD339.99
  • 3.88%: BZD340 – BZD379.99
  • 4.04%: BZD380 – BZD419.99
  • 4.19%: BZD420 – BZD459.99
  • 4.35%: BZD460 – BZD499.99
  • 4.50%: BZD500 and up

Total Employee Cost: 1.88% to 4.50%


- 0%

Total Employee Cost



Employee Income Tax in Belize

0%

Income from BZD 0.00 to BZD 26,000.00

25%

Income of BZD 26,000.01

Belize famous place - EOR World Wide
Belize famous place - EOR World Wide
Minimum Wage in Belize
General

With Belize payroll outsourcing services, you can make the minimum wage payment which is BZD 3.30 per hour. However, a possible increase in the minimum wage to BDZ 5.00 was announced in 2022 but has not yet been confirmed.


$319 Minimum Wage per month

Belize famous place - EOR World Wide

Payroll Contributions in Belize

Payroll Cycle

The services of Payroll outsourcing will allow you to pay your employees weekly, bimonthly, or monthly.


13th Salary

In Belize, it is neither obligatory nor customary to make this payment


Employee Benefit in Belize

Visa and work permit in Belize

Contractor Management Services companies can process a work permit for foreigners who want to work in Belize. In addition, the Ministry of Labor is in charge of approving the said permits from 3 to 12 months. Also, the rates depending on the skill level of the person can be between 100 BZD and 600 BZD.


In the same way, after completing the form, the applicant must submit the following documents:


  • 3 passport-size photos with the signature of the applicant on the back.
  • A letter notifying the nature of the job application from the mayor of San Pedro.
  • Likewise, the same type of letter from the Belize tourism board.
  • Proof of residence of at least 6 months in Belize.
  • If it is an employer who requests the permit for a future employee, you must request an interview. In this case, you will need to prove that a Belizean citizen cannot fill the position you want to fill.


In this case, an Employer of record in Belize can help you apply with the Ministry of Labor which can approve or deny your application.

VAT in Belize

Although in Belize there is no VAT, there is a standard rate of 12.50% of GST.


Working Hours in Belize
General

The working hours include 9 hours a day and a maximum of 45 hours a week. In addition, all employees must receive one day off each week.

Overtime

Extra hours are those that exceed 9 hours a day and the employer must pay them 150% of the regular salary. However, in some jobs, there is a maximum number of hours established from which overtime begins. For example, the store law establishes that these hours begin after the first 8 hours.


However, the employment laws in Belize determine that overtime begins after the statutory 9 hours.


On the other hand, if an employee must work on a day of rest or a holiday, he must receive 150% of his salary. However, if you must work on Christmas, Good Friday, or Easter Monday, you must pay 200%. Likewise, on some occasions, the employer may offer time off as an alternative to salary.

Working Week

Monday to Friday.


Employee Termination in Belize
Termination Process

With a Professional Employer Organization, you can fully understand the termination process in the country, which requires a notice period. However, the employer does not require a notice period when the cause of dismissal is justified. Thus, these causes may be misconduct, negligence, disobedience, or unexcused absences.

Notice Period

This notice period depends on the time worked by the employee as follows:


  • For a service period between 2 weeks and 6 months, the notice is 1 week.
  • Likewise, for a service period between 6 months and 1 year, the notice is 2 weeks.
  • For between 2 and 5 years the notice period will be 4 weeks.
  • Finally, for more than 5 years of service, the notice will be 8 weeks.

Severance Pay

If you want to properly calculate severance pay you must work with an Employer of record in Belize. In this case, the calculation is based on the continuous employment of the worker with the same employer. Therefore, the said calculation will be made as follows.


From 5 to 10 years:


  • Employer terminates employment.
  • The employee retires at age 60, after this time or for medical reasons.


Thus, the worker must receive compensation for 1 week of work for each full year of work.


More than 10 years:


  • The employer terminated the contract for reasons that do not amount to dismissal.
  • The worker retires due to turning 60 or older or for medical reasons.
  • The worker leaves the company for a justified reason.
  • A worker who resigns has the right to severance pay.
  • Termination of the contract due to expiration for a definite-term contract.


Therefore, the worker will receive compensation of 2 weeks of wages for each year of work completed. In addition, with the PEO services, you will be able to make the change according to the calculations in the labor legislation. Thus, employees who have worked continuously for more than 10 years will receive compensation as follows:


  • If the service is before May 1, 2011, the employee will receive a salary of one week for each year of service.
  • For the period after May 1, 2011, you will receive 2 weeks of pay for each year of service.


On the other hand, casual workers have to have worked for 180 days in 1 year to receive severance pay.

Probation Period

In all jobs, the trial period consists of the first 2 weeks.

Employee Leaves in Belize
Paid Time Offs

The Employer of record in Belize allows the calculation of vacations that consist of 2 weeks. In addition, employees can form these vacations consecutively, or divide them in agreement with the employer. Also, when the worker uses his vacation, the employer must pay the salary 1 day before.


However, if the worker takes his vacation divided, the employer will make the payment in 2 parts. In the same way, the employer must follow the rule of payment one day before the start of the vacation.

Belize famous place - find your EOR
Public Holidays

There are 13 national holidays throughout the year.

Vacation Holidays

There are 14 vacation holidays throughout the year.

Sick Days

Employees in Belize are entitled to receive 16 days of paid sick leave. However, you must have completed a minimum of 60 days of work in the last year. In addition, the employee will have to submit a medical certificate within 48 hours of the onset of the illness.


In this case, the employer pays the first 16 days with the Social Security Board (SSB). Then, after 16 days, the SSB will make the payment under the Social Security Law and the Labor Law (article 131).

Paternity Leave

In the country, the laws do not require granting paternity leave.


Paternal Leave

This license is not required.


Other Leave

In Belize, there are no other licenses


Maternity Leave in Belize

With an employer of record in Belize you can calculate maternity leave pay based on eligibility requirements. The employee must have worked at least 150 days in the company in the last 12 months. Therefore, the employer will receive 14 weeks of fully paid maternity leave.


In this case, the leave consists of 7 weeks paid before the birth of the child and 7 weeks after that. Also, the EOR services may perform the calculation based on 80% of the insurable weekly income. Thus, this is based on the 39 weeks that preceded the beginning of this license.


Likewise, the pay range is from BZD 44.00 per week to BZD 384.00 per week.

There are 98 leave throughout the year.

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