The Belize Companies and Corporate Affairs Registry (BCCAR) and the Financial Services Commission (FSC) are pleased to provide an update on the development of its Online Business Registry System (OBRS), a world class web-based registry platform accessible from anywhere. The consultancy firm Norway Registers Development AS (NRD Companies), successfully delivered the first module which includes the following features: User registration, Business Name reservation, Limited Liability Partnership registration and the processing and verification of E-certificates via Quick Response (QR) codes. The shift to a digital and modern registry is essential to improve the ease of starting a business in Belize. This should support the formalization and growth of all businesses in particular domestic micro, small & medium enterprises (MSMEs). The initiative is also key for positioning Belize as globally competitive and will complement major upgrades currently underway in Belize's legal framework for regulating company life cycles. The introduction of OBRS will elevate the Registry and the country to global standards and transform the Registry to an all-digital leader. Read the full Press Release below.

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