What is a Business Name?
A Business Name is the trading name under which a business may operate in Belize. It can be owned by:
- An individual (sole proprietorship)
- Two or more individuals (partnership)
- A corporation
A Business Name is not a separate legal entity. This means that the owners are personally responsible for the liabilities and obligations of the business. Business Names in Belize are governed by the Business Names Act, Cap. 247
Key Features of a Business Name:
- Simple & Affordable – Quick and low-cost registration process via the OnlineBusiness Registry System (OBRS).
- Fast Processing – Registration can be completed in 24 hours once all requirements are met.
- Identity Protection – Ensures that your business name is unique and legally protected.
- Public Record – Listed in the official Belize Companies & Corporate Affairs Registry (BCCAR).
- Foundation for Growth – Business owners can decide to transition to another type of Business Entity such as Company or Limited Liability Partnership as their business grows.
Services Offered in OBRS:
- New Registration of a Business Name
- Filing of status of Business Name
- Amendments (change of name, address, owners, nature of business)
- Cessation of Business Name (closing a Business Name)
- Extracts and Good standing certificate.
Cost of Business Name Services (BZD):
- New Registration: $25.00
- Renewal of Status: $15.00
- Amendments: $100.00
- Cessation of BN: $25.00
- Extracts: $150.00
- Certificate of Good Standing $30.00
- Restoration fee of Business Name $50.00
(Payments are done via the Online Business Registry System)
Payment options via the Online Business Registry System:
- E-kyash
- Belize Bank Online [Self-service]
- Digiwallet
Responsibilities of a Business Owner – By registering a Business Name in Belize, you agree to:
- Maintain up-to-date information with the Registry (address, ownership, business activity).
- Filing of status annually to remain in good standing and in active status.
- Comply with Belize laws relating to taxation, licensing, and regulatory requirements.
- Inform the Registry of any cessation, amendments, or transfer of ownership.
Why Register Your Business Name?
- Legally operate your business in Belize
- Build trust with customers, banks, and suppliers
- Access financing opportunities
- Protect your brand identity
Register today via the Online Business Registry System (OBRS):
- 🌐 www.obrs.gov.bz
- WhatsApp: +501-6158761
- Email: inquiries@bccar.bz