Who needs to classify?
Every Belize entity. They need to show that they have taken reasonable steps to demonstrate that they have considered their position under the economic substance legislation and produce evidence of classification by filing the required form(s) with the authorities. If you are unsure whether your entity or company requires a classification check, we recommend that you consult with your Belize registered agent or email us HERE for a free consultation with a experienced professional.
WHEN DOES A COMPANY NEED TO CLASSIFY?
We strongly advise that entities move to classify themselves as soon as possible. The first reporting period is coming soon.
WHAT OUR ECONOMIC SUBSTANCE CLASSIFICATION SOLUTION PROVIDES?
- Quick classification results
- Advice from industry professionals
- Further advising and services to help prepare a company for compliance and reporting obligations (where required)
- Low Flat fee services