Tax Free Zone Belize

The Commercial Free Zone Act OF 1994 has established a Commercial Free Zone (CFZ) at Corozal to attract foreign investment. The Free Zone Act is one of the most advanced and modern laws governing Free Zones. It allows business entrepreneurs incredible Tax Free business opportunities.

Merchandize warehoused in a Commercial Free Zone may be sold wholesale or retail:

  • To diplomats of other countries
  • To ships that dock at ports in Belize
  • For direct export whether by sea, air or land
  • Entry into national customs territory

The Commercial Free Zone sits at the South Eastern border with Mexico. Currently, businesses in the zone are manufacturing, importing, exporting, distributing fuel, retailing and offering various services to Mexicans and international clients.

 

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