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Economic Substance refers to new legislation introduced in Belize which derives from an EU based unfair tax practices initiative that requires certain entities that are incorporated or registered in Belize, and which conduct one or more of a setlist of relevant activities, to comply with local requirements and demonstrate adequate ‘economic substance’. The Belize legislation follows closely the approach taken by all of the other offshore jurisdictions.


CNETLY will support and guide you through these new legislative changes.

  1. Step 1 Contact us to determine your business’ classification and your requirements under the Belize, Caribbean and other International economic substance and physical presence legislation.
  2. Step 2 Complete the Economic Substance Questionnaire and our experts will provide a comprehensive report detailing your reporting requirements, our recommendations, and a road map to ensure economic substance compliance.
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Global Business

Get on-the-ground support navigating legislative changes to offshore tax regimes and economic substance requirements.