Companies that failed to re-register will be struck-off

By Zoila Palma Gonzalez: On November 28, 2023, Cabinet met during its regular session.

During the session, cabinet approved for the Financial Services Commission to effect the administrative strike-off of inactive companies that have failed to re-register since the enactment of the Belize Companies Act that was published in July 2022.

All existing businesses were required to re-register using the online business registry system (OBRS) for the Belize Companies and Corporate Affairs Registry (BCCAR) and the Financial Services Commission (FSC).

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