Commercial Free Zone Act 1994
Belize - Commercial Free Zone (CFZ) Act 1994
Saturday, February 23rd, 2008
The Commercial Free Zone Act, was established in Corozal for various business activities. This act offers duty exemptions and tax holidays on goods entering and leaving a designated area. These zones provide an income tax rate of varying from two to eight percent with credits available for a further two percent reductions in rate.[1] For […]