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South America

Belize

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Employer of Record (EOR) in Belize

What you'll learn

  • Country Introduction
  • Tax Breakdown for Employers
  • Statutory Leave Laws
  • Minimum Wage and Working Hours
  • Termination Process
  • Additional Information
Belize Introduction

Belize is a Caribbean country located in Central America, and is considered a tax haven for international investors. About 90% of businesses in Belize are small businesses, and the country’s is the only one in Central American where English is the main language (making it an attractive place to hire talent from). The employer tax rates vary depending on the employee’s income and range from 5%-8.13% on the employer side.

Paid Leave and Statutory Leave

Parental Leave

Pregnant women in Belize who have worked at your company for at least 150 days are eligible for 14 weeks of paid maternity leave. This leave is broken up as 7 weeks before the birth and 7 weeks after the birth. The maternity leave pay is calculated at 80% of the salary, with a minimum of 44 BZD and a max of 384 BZD per week. There is no statutory paternity leave.

Sick Leave

Once an employee has worked at a company for 60 days they are entitled to 16 days of paid sick leave (as long as there is proof from a medical professional). The first 3 days are paid for by the employer and the last 13 are paid for by social security. If the social security payment doesn’t cover the employee’s wages completely, the employer is responsible for making up the difference in payment.

Paid Leave

There are 13 public holidays in Belize. Employees who have worked at a company for one year are also entitled to 2 weeks of paid time off, which must be taken in 1 or 2 periods.

Wage Requirements and Working Hours

The national minimum hourly wage in Belize is $5 BZD, as of July 2022.

The standard workweek in Belize is 45 hours at 9 hours per day, with all workers entitled to at least 1 day of rest each week. Any time worked over 9 hours in a day is due overtime pay at 150% of the regular rate.

If an employee has to work on a public holiday or rest day they must be paid at 150% of the regular rate. If the employee has to work on Christmas Day, Good Friday, or Easter Monday, they must be paid at a minimum of 200% of the regular rate.

Termination Process

Process

The termination process in Belize requires a notice period there is sufficient cause for dismissal due to misconduct, neglect of duties, lack of skill, or absence without permission.

Notice Period

The length of notice depends on the length of employment:

  • 2 weeks to 6 months = 1 week notice
  • 6 months to 2 years = 2 weeks notice
  • 2 years to 5 years = 4 weeks notice
  • 5+ years = 8 weeks notice

Severance Pay

Severance pay for the termination of an employee is calculated based on the employee’s time at the company. The worker shall be paid a severance of 2 weeks of wages per year of service.

Additional Information

N/A

OVERVIEW
Language(s):
English, Spanish, Kriol
Currency:
Belize Dollar (BZD)
Capital City:
Belmopan
Population:
414,000
Cost of Living Rank:
47th
VAT (Valued Added Tax):
12.5%
Employer TaxES
5%-8.13%
(estimated)

★  5%-8.13% - Social Security

Simplified Global HR and Payroll.
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We've made the process really simple
with only 3 steps.

1

Remote candidate

You've sourced a full-time employee or contractor located in a country where your company is not incorporated.

2

Cost Calculation

Pass us the details of your candidate and we will let you know exactly what it costs to employ your candidate in that country.

3

Onboarding & Admin

Sit back and relax as we onboard your new team member and take care of all the local compliances and admin work.

Same-day onboarding
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How Remofirst employs in Belize

It can be prohibitively expensive to establish an entity in every country you want to hire talent in, so Remofirst will hire and pay your employee on your behalf while you manage their daily duties. Remofirst will handle formal HR procedures and employment contracts that adhere to local laws, so that you can simply approve invoices via our platform. When you work with an Employer of Record (EOR) you can compliantly hire the best employees around the world.

How employees in Belize get paid
Your employee's hours, time off, holidays, bonuses, and commissions are automatically calculated into payroll. Remofirst will invoice you in either US Dollars (USD), Euros (EUR), British Pounds (GBP), Canadian Dollars (CAD), or Singapore Dollars (SGD) around the 15th of each month to make sure your employees in Belize are paid on time in Belize Dollar (BZD). To make it even easier, you can summarize your entire global team's salaries to aggregate them into one payment (instead of many individual payments).
Full-time Employees vs Global Contractors

Unlike full-time employees, contractors work on projects with multiple companies at a given time and are technically self-employed. Full-time employees are solely focused on their employer and usually receive benefits (such as health insurance, equity or stock options, and time off) as an additional form of compensation. While it can be cheaper to work with international contractors instead of paying benefits to a full-time employee, you run the risk of misclassification. It's recommended to work with an EOR for contractor onboarding and payments, so you can know that your international contractors are paid compliantly and on time.

Dependable support for employees
Whenever the employee or employer has a question about benefits, Visas, or anything else related to international employment in Belize, they can use our platform's chat function to get answers from our team of experts. Every client of Remofirst also receives a dedicated account manager that will serve as a point of contact for global HR support.