Belize Bookkeeping & Accounting Services

Streamline your Belize company's financial operations with expert bookkeeping and accounting. We keep your records organized so you can focus on what matters.

  • Consistent transaction recording and reconciliation
  • Accurate financial statement compilation
  • Filing support and regulatory reporting
  • Dedicated financial coordinator for your business
Regulatory Framework

Financial Record-Keeping Rules for Belize Companies

A summary of the legal requirements your Belize company must follow to maintain compliant financial records.

Bookkeeping Yes

Mandatory for business tax compliance

Audit No

Not required for Belize companies

Tax Filing Yes

1.75% business tax on gross receipts

Record Keeping 5 Years

Required retention period

Record-Keeping Obligations

Belize law requires every company to maintain reliable financial records that document all business transactions, allow the company's financial condition to be ascertained with reasonable accuracy, and form the basis for preparing financial statements.

What Records Must Be Kept

  • A log of all money received and disbursed
  • Records of company assets and obligations
  • Purchase orders, invoices, and receipts
  • Year-end financial statements
  • Director meeting minutes
  • Corporate resolutions and consents

Where Records Can Be Kept

Registered Office Default record location
Alternate Location Registered agent must be informed
Electronic Format Digital formats are accepted

Penalties for Non-Compliance

  • Fines levied against the company and its directors
  • Director liability for record-keeping failures
  • Potential de-registration of the company
  • Adverse impact on banking relationships
  • Challenges during third-party due diligence
Our Services

End-to-End Accounting Services for Belize Companies

We manage your financial records from daily transactions through to annual reporting, so you can concentrate on business growth.

Professional bookkeeping services for Belize companies

Bookkeeping

Keep your Belize company's financial records accurate and up to date. We handle day-to-day bookkeeping using modern accounting tools, ensuring every entry is properly documented and classified.

Transaction Recording

Precise entry of each financial transaction into your designated accounting software

Bank Reconciliation

Routine comparison of bank records against your books to maintain accuracy

Accounts Payable/Receivable

Handling of invoices, supplier payments, and monitoring of outstanding receivables

Monthly Close

Comprehensive month-end close process ensuring all accounts are balanced and current

Financial statement preparation services

Financial Statements

Well-prepared financial statements that meet recognised accounting standards and provide a true picture of your Belize company's financial standing.

Balance Sheet

Complete snapshot of your company's financial standing at a given point in time

Income Statement

Itemised report of revenue streams, operating costs, and bottom-line results

Cash Flow Statement

Detailed mapping of cash generation and usage from operations, investments, and financing

Annual Accounts

Year-end accounts finalised in compliance with relevant accounting standards

Management reporting and financial analysis

Management Reporting

Gain visibility into your Belize company's financial performance with regular management reports. We distil the data into clear, decision-ready insights.

Monthly Management Accounts

Scheduled financial overviews with core metrics and trend analysis

Budget vs Actuals

Performance tracking that highlights where actuals diverge from budgeted figures

Custom Reports

Reports customised to your requirements, covering the metrics that matter most to you

Belize compliance and regulatory support

Compliance Support

Keep your Belize entity compliant with local regulatory expectations. Our team handles the financial documentation and reporting needed to meet your obligations.

Economic Substance Reporting Support

Compiling financial data and supporting records for economic substance declarations

Registered Agent Liaison

Coordinating with your registered agent for seamless compliance submissions and communication

Audit Preparation

Getting your records and schedules in order ahead of any external audit requirements

Payroll processing services

Payroll Services

Efficient payroll management for your Belize company. We take care of salary processing and contractor payments, keeping everything accurate and on schedule.

Salary Processing

End-to-end salary computation, disbursement, and payroll record maintenance

Contractor Payments

Invoice processing, payment scheduling, and record-keeping for contractors

Need help managing your Belize company's finances?

We provide professional bookkeeping and financial reporting tailored to your needs.

Why Professional Accounting

Advantages of Professional Accounting for Belize Entities

Accurate financial management supports compliance, smarter decision-making, and the long-term health of your business.

Regulatory Compliance

Meet Belize's corporate record-keeping standards with properly maintained accounts. Keeping your books in order safeguards your company's standing and prevents regulatory issues.

Economic Substance Support

Proper financial records form the backbone of substance compliance. With professional bookkeeping, the documentation for substance filings is always at hand.

Banking Requirements

Many banks request up-to-date financial statements for account maintenance and periodic reviews. Professional accounting helps keep these relationships running smoothly.

Investor Confidence

Well-structured financial statements demonstrate accountability and sound governance. This transparency strengthens relationships with investors, partners, and stakeholders.

Informed Decision Making

Regular financial reporting gives you a clear view of where your business stands, empowering you to allocate resources wisely and plan ahead with confidence.

Audit Readiness

With consistently maintained records, your company is always prepared for external audits. This removes the stress and disruption of last-minute preparation.

Process

How We Manage Your Belize Company's Finances

A structured process that takes you from initial setup through to year-end financial reporting.

1

Initial Discussion

We review your business activities, transaction flow, and reporting needs to shape an accounting package that suits you.

2

Platform Setup

Your accounting system is set up with the right structure, including chart of accounts and secure document-sharing workflows.

3

Ongoing Record-Keeping

Each month, we log your transactions, reconcile bank statements, and ensure your books stay accurate and organised.

4

Monthly Reports

You receive regular management reports, and we go over the key figures together so nothing is overlooked.

5

Year-End Financials

Annual financial statements are prepared, and we help with any compliance submissions or audit preparation you may need.

FAQ

Frequently Asked Questions

Essential information about accounting and bookkeeping obligations for Belize companies

We handle bookkeeping, financial statement preparation, business tax compliance, management reporting, and general accounting support for Belize companies, ensuring your records meet all local requirements.

Yes. Belize companies are required to keep reliable accounting records that document all transactions. These records must be retained for at least 5 years.

Yes. Belize companies are subject to a 1.75% business tax on gross receipts. Proper bookkeeping is essential to support accurate and timely tax filings.

You can choose the frequency that works best for your business — monthly, quarterly, or annually. We can also prepare ad hoc reports or management accounts on demand.

Consequences include fines for the company and its directors, potential de-registration, and difficulties in maintaining banking relationships or satisfying due diligence processes.

Yes. We can work alongside your existing accounting platform, whether that is QuickBooks, Xero, or another tool. If you need help selecting software, we are happy to assist.

Bookkeeping focuses on capturing financial transactions as they occur — recording payments, receipts, and invoices. Accounting takes that data and turns it into meaningful reports, analysis, and financial statements that inform business decisions.

Contact Us

Get in Touch With Our Finance Team

Have questions about managing your Belize company's books or meeting financial reporting obligations? We're here to help.

Professional business consultation
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