Tag:
Ministry of Investment
Business & Economy
MSMEs Gain Relief Under Belize’s New Tax Amnesty
The Office of the Prime Minister (OPM) officially launched the Fiscal Incentive MSME Business Tax Amnesty Program on September 19th in Belmopan. The initiative, supported by the Ministry of Investment’s Investment Policy and Compliance Unit (IPCU), the Belize Tax Service (BTS), BELTRAIDE, and the Economic Development Council (EDC), is designed to help micro, small, and medium enterprises (MSMEs) formalize their operations with the BTS.
Government
GOB Prepares BPO Sector for Critical Transition
The Ministry of Investment, through its Investment Policy and Compliance Unit (IPCU), has been closely monitoring information from the United States of America regarding the proposed Keep Call Centres in America Act legislation currently under consideration.
Over the past several years, the Ministry of Investment in the Office of the Prime Minister has stimulated the growth of Belize’s BPO industry through innovative policy directives and legislative amendments.
Business & Economy
GOB Revokes Caribi Bleu Casino License
On Friday, July 25th, the Government of Belize (GOB), through the Ministry of Investment, issued an official statement announcing the formal cancellation of the license for Caribi Bleu Casino, located in San Pedro Town. The casino, which operated under the name GMK Sky Limited, is no longer permitted to operate the gaming premises following the detention of its owner, Rima Ray, in the United States on charges of money laundering and operating an unlicensed gambling establishment.
Government
MoI and Taiwan Technical Mission Launch Second Phase of Training
The Ministry of Investment, through its Investment Policy and Compliance Unit (IPCU), in collaboration with the Taiwan Technical Mission, and the Ministry of Human Development, Family Support & Gender Affairs through the National Women’s Commission, launched the second training for the project, “Cell Phone Repair Training for Women in Belize.” This phase of the project is being hosted at the Cayo Centre for Employment Training.
Government
Government Hosts Information Sharing Session with Fiscal Incentives Program Beneficiary Companies
The Office of the Prime Minister and Ministry of Investment, in collaboration with the Investment Policy and Compliance Unit (IPCU), BELTRAIDE and the Economic Development Council, hosted an information-sharing and networking session with companies that are current beneficiaries of the Fiscal Incentives (FI) Program. The session took place at the University of the West Indies Conference Room, Belize City.
Government
IPCU Hosts DPA Program Information Sharing Session with Stakeholders
On December 5, 2023, the Office of the Prime Minister and the Ministry of Investment, through its Investment Policy and Compliance Unit (IPCU), hosted an information-sharing session with companies that are current beneficiaries under the Designated Processing Areas (DPA) incentive program.
Government
Designated Processing Areas Act Legislative Amendment Consultation
On March 29, 2023, the Investment Policy and Compliance Unit (IPCU) in the Ministry of Investment organized a consultation with companies that benefit from the Designated Processing Areas (DPA) Act. The objective of the consultation was to apprise the private sector stakeholders of the proposed amendments.
Government
Vanilla Cultivation Pilot Project Closes
The Ministry of Investment held the closing ceremony for Belize’s Vanilla Cultivation Pilot Project at the Centro Escolar Mexico Junior College (CEMJC) in the Corozal District.
