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Overview
Capital
Belmopan Currency
Belize Dollar (BZD) Date Format
dd/mm/yyyy
Public holidays calendar
Taxes
Employer
Employer Payroll Tax
5.09- 7.31%
Social Security
7.31%
Total Employment Cost
Employee
Employee Payroll Taxes
1.69- 3.91%
Social Security
3.91%
Total Employer Cost
Employee Income Tax
25%
Flat Rate
Employer Taxes
3 HIGHEST
3 LOWEST
China
Brazil
Belarus
Belize
South Africa
Georgia
Macedonia
41.12%
36.8%
34%
7.31%
2%
2%
0%
Employee taxes
3 HIGHEST
3 LOWEST
Romania
Macedonia
Netherlands
Belize
Georgia
Belarus
Ukraine
45%
28%
27.65%
3.91%
2%
1%
0%
Minimum Wage
General
The hourly minimum wage is 3.30 BZD.
Minimum wage (per month)
$4000
$2491
$2391
$319
$36.80
$22
$2.33
Geneva
Australia
Luxembourg
Belize
Angola
Uzbekistan
Venezuela
3 HIGHEST
3 LOWEST
Payroll
Payroll Cycle
Employees can be paid on a weekly, bi-monthly, or monthly basis.
13th Salary
There are no provisions in the law.
Working Hours
General
A standard workweek is 45 hours.
Overtime
Overtime is any work exceeding:
- 8 hours per day in accordance with the Shops Act
- 9 hours per day in accordance with the Labour Act
- 6 days per week
- 45 hours per week
All overtime work should be paid at 150% the normal rate.
Leave
Paid Time Off
Employees are entitled to 2 working weeks of paid leave per year.
Vacation days
Public holidays
3 HIGHEST
3 LOWEST
Brazil
Peru
Georgia
Belize
Malaysia
China
Federal
43
42
41
27
14
12
10
Public Holidays
There are 13 public holidays.
Sick Days
An employee is entitled to sick leave after working for an employee for 60 days. Within a 12-month period, the employee is entitled to 16 days of paid sick leave. In order to receive payment, the employee should present a medical certificate to the employer.
After the 16th day, social security pays for sickness. Sickness benefits are paid for up to 234 days; 80% of average weekly insurable earnings for the first 156 days, and 60% of average weekly insurable earnings for the remaining 78 days.
Maternity Leave
Female employees are entitled to 14 weeks of paid maternity leave. Up to 7 weeks of leave can be taken before the birth of the child. A minimum of two weeks prenatal and 7 weeks postnatal leave is mandatory.
Employees receive 80% of their average weekly earnings. The minimum benefit 44.00 BZD a week and the maximum benefit is 384.00 BZD a week.
PAID MATERNITY LEAVE (DAYS)
410
365
365
98
45
30
0
Bulgaria
Serbia
Albania
Belize
United Arab Emirates
Tunisia
Federal
3 HIGHEST
3 LOWEST
Paternity Leave
Paternity leave is not required by law.
Parental Leave
Parental leave is not required by law.
Termination
Termination Process
Unless an employer can provide sufficient cause for dismissal without notice (due to misconduct, disobedience, lack of skill, neglect of duties, or absence without permission), written notice is required.
Notice Period
The notice period is determined by length of employment:
- Over 2 weeks to 6 months – 1 week notice
- Over 6 months to 2 years – 2 weeks’ notice
- Over 2 years to 5 years – 4 weeks’ notice
- Over 5 years – 8 weeks’ notice
Severance Pay
Employed for 5-10 years – 1 week’s wage for each year of completed service
Over 10 years of employment – 2 week’s wage for each year completed
Probation Period
2 weeks
VAT
General
The standard VAT rate is 15%.
Questions & Answers
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