Customs Duties or Import duty and taxes will be pending and need to be cleared while importing goods into Belize whether by a private individual or a commercial entity.
The valuation method is CIF.
Below table provide the Duty and Sales tax for Belize:
| Duty Rates | Average Duty Rate | Sales Tax(GST) | Env. Tax | Threshold on goods |
|---|---|---|---|---|
| 0% to 70% | 20% | 12.5% (CIF + Duty) | 3% (CIF+Duty) | No Threshold |
- For alcohol and tobacco excise Duty will be applicable based on quantity
- Environmental Tax = 3% (CIF).
- Revenue Replacement Duty (RRD) will be applied on specific rate based on product.
Important forms while importing
Export documents required: Bill of ladingFreight or cargo carried by a large vehicle. , Certificate of origin, Commercial invoice, Customs Export Declaration, Export License, Packing list, Phytosanitary certificate.
Import documents required: Application for foreign exchange (XCH form), Bill of lading.
Commercial invoice, Customs import declaration, Delivery order, Out of charge note/ cargo release order to exit the port, Packing list.