By Zoila Palma: Cabinet has approved the introduction of Micro Enterprise and Entrepreneurship legislation aimed at supporting the growth and development of Micro, Small and Medium Enterprises (MSMEs).
The decision was made during Cabinet’s meeting on November 10, 2026.
Under the proposed legislation, a flat annual charge will be established for all micro enterprises.
Additionally, MSMEs approved under the MSME Fiscal Incentives Programme will be exempt from General Sales Tax (GST) on imports of equipment, packaging and labels, as well as industrial and agricultural inputs.
The post New Micro Enterprise and Entrepreneurship program to provide tax relief to small businesses appeared first on Belize News and Opinion on www.breakingbelizenews.com.
By Zoila Palma: Cabinet has approved the introduction of Micro Enterprise and Entrepreneurship legislation aimed at supporting the growth and development of Micro, Small and Medium Enterprises (MSMEs). The decision was made during Cabinet’s meeting on November 10, 2026. Under the proposed legislation, a flat annual charge will be established for all micro enterprises. Additionally,
The post New Micro Enterprise and Entrepreneurship program to provide tax relief to small businesses appeared first on Belize News and Opinion on www.breakingbelizenews.com.
