💼 Preferential Regimes and Investor Support
Activities in Medium, Small Urban Settlements and Rural Areas
Preferential regimes apply to commercial organizations and individual entrepreneurs located in medium, small urban settlements, and rural areas.
For reference: medium, small urban settlements, and rural areas refer to the territory of the Republic of Belarus, with the exception of certain large cities.
Main Tax Incentives (for 7 years from the date of state registration):
- Profit Tax: exemption for the sale of self-produced goods (works, services);
- Real Estate Tax: exemption for buildings and structures;
- Income Tax: exemption for individuals;
- Customs Duties: exemption from import customs duties on goods contributed to the authorized capital (manufactured no more than 5 years ago);
- State Duties: exemption for the issuance of special permits (licenses);
- Local Taxes and Fees: exemption.
Other Advantages:
- The right not to calculate and not to pay other taxes, fees (duties) not provided for by law;
- Regional Councils of Deputies may establish reducing coefficients of no more than 0.5 to the rates of the single tax;
- Exemption from mandatory conclusion of transactions at exchange trades;
- The right to independently determine suppliers, contractors, performers, or buyers of products;
- The right to independently determine the conditions, volumes, and types of purchased raw materials and sold products;
- The right to insure their property interests with insurance organizations established outside the Republic of Belarus.