The belize license is just like that of Costa Rica. It's a DATA PROCESSING license. Meaning they can export data from belize. The data being pointspreads. The license has nothing to do with running a sportsbook or casino.
Data processing is a new and dynamic industry in Belize and is expected to show substantial growth in the future. The Government of Belize has developed incentive programs specifically designed to encourage the development of this industry. The Export Processing Zone (EPZ) Programme in particular was created as an attractive package to entice investors specifically in the area of data processing. With EPZ status, investors are given such benefits as full import and export duty exemptions and tax holidays. Belize also has the advantage of being equipped with a high percentage of skilled workers who are easily trained for the demands of data processing operations.
Investors interested in acquiring EPZ developer status must submit an application for an Export Processing Zone Developer's Certificate. Under EPZ developer status, investors are able to provide office space and support facilities to businesses involved in offshore data processing and other information technologies.
Business operations involved in information technologies include telemarketing, credit card data management, other offshore data processing, internet/telephone gaming, teleconferencing facilities and international hotel/travel reservations.
One of the first data processing companies to be registered in Belize under EPZ developer status is DataPro International Ltd. This company proposes to invest US $1.25M and obtain Foreign Exchange Earnings of approximately US $2.35M within the first five years of its operation.
Data processing is a new and dynamic industry in Belize and is expected to show substantial growth in the future. The Government of Belize has developed incentive programs specifically designed to encourage the development of this industry. The Export Processing Zone (EPZ) Programme in particular was created as an attractive package to entice investors specifically in the area of data processing. With EPZ status, investors are given such benefits as full import and export duty exemptions and tax holidays. Belize also has the advantage of being equipped with a high percentage of skilled workers who are easily trained for the demands of data processing operations.
Investors interested in acquiring EPZ developer status must submit an application for an Export Processing Zone Developer's Certificate. Under EPZ developer status, investors are able to provide office space and support facilities to businesses involved in offshore data processing and other information technologies.
Business operations involved in information technologies include telemarketing, credit card data management, other offshore data processing, internet/telephone gaming, teleconferencing facilities and international hotel/travel reservations.
One of the first data processing companies to be registered in Belize under EPZ developer status is DataPro International Ltd. This company proposes to invest US $1.25M and obtain Foreign Exchange Earnings of approximately US $2.35M within the first five years of its operation.
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