Regulating and Taxing Online Gambling in Belize

Gambling has become a financially viable sector of the entertainment industry to which providers of e-commerce activities are attracted. Low-tax jurisdictions buoy their economies by creating havens for businesses such as online gambling companies that are restricted in developed countries. Belize aspires to follow the path of other Caribbean countries.

The following questions have been addressed in this article:

How is online gambling regulated in Belize?
What licensing fees are required to be paid by an online gambling operator?
Which documents must be submitted along with a license application?
What financial security needs to be provided by an applicant?
What tax exemptions are available to international companies in Belize?

Continue...

Facebook Twitter RSS