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Hiring Employees +
Recruitment Requirements in
Belize
www.bizlatinhub.com
www.bizlatinhub.com
Key Considerations: Employment
Find below, some of the key considerations that should be taken into ac...
www.bizlatinhub.com
Pathways to Hiring Staff
Through a local
legal entity
Through a PEO solution:
Professional Employer
Or...
Forming a Legal Entity in Belize
www.bizlatinhub.com
In Belize, there are a range of legal entities, including:
Joint Vent...
Professional Employer Organization
www.bizlatinhub.com
Advantages:
• You can operate without forming
and maintaining a loc...
www.bizlatinhub.com
contact@bizlatinhub.com
Are you looking to hire staff?
As you are now aware, you have two
options to h...
Doing Business in Belize? Learn
More Here!
www.bizlatinhub.com
How to Protect Assets
Through a Company
Incorporation in Be...
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Hiring employees & recruitment requirements in Belize

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Belize is an attractive jurisdiction for foreign investors, with a range of unexplored business opportunities and an attractive fiscal framework. Additionally, there are local government trade/investment promotion groups, such as BELTRAIDE, which provide a great platform for foreigners looking for business information.

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Hiring employees & recruitment requirements in Belize

  1. 1. Hiring Employees + Recruitment Requirements in Belize www.bizlatinhub.com
  2. 2. www.bizlatinhub.com Key Considerations: Employment Find below, some of the key considerations that should be taken into account before contracting staff in Belize No Is there an employee probation period? For staff who receive a salary, yes, for staff who receive a wage, no Do staff need a local employment contract? Yes Can expatriate staff be hired? Minimum of 10 days per annum Vacation entitlement Total cost of employment Employers Who manages withholding tax? There are no legal requirements - it is up to the discretion of the employer Employee benefits Employer is only required to pay social security
  3. 3. www.bizlatinhub.com Pathways to Hiring Staff Through a local legal entity Through a PEO solution: Professional Employer Organization
  4. 4. Forming a Legal Entity in Belize www.bizlatinhub.com In Belize, there are a range of legal entities, including: Joint Ventures, Limited Liability Companies, Unlimited Liability Companies, Partnerships and Branches Advantages: • Greater control of your employees • Better knowledge of local market, laws and regulation • Viewed more positively than a PEO solution Disadvantages: • High set-up/ongoing costs • Administration involved in managing a local company • Accounting and tax obligations
  5. 5. Professional Employer Organization www.bizlatinhub.com Advantages: • You can operate without forming and maintaining a local entity • Limited legal responsibility • Cost-effective way to convert international contractors into employees Disadvantages: • The PEO becomes a co-employer • Loss of control • Costs involved with PEO services • Compromised company culture International PEO is a method to employ staff without having your own company
  6. 6. www.bizlatinhub.com contact@bizlatinhub.com Are you looking to hire staff? As you are now aware, you have two options to hire staff: a) Through a Local Legal Entity or b) Through a PEO solution Need assistance hiring employees? Partner with Biz Latin Hub to learn how we can support you and your business in Latin America
  7. 7. Doing Business in Belize? Learn More Here! www.bizlatinhub.com How to Protect Assets Through a Company Incorporation in Belize Professional Employer Organisation (PEO) Latin America What are the Advantages of Incorporating an Offshore Structure in Belize?

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