Continent: Eastern Europe
Currency: Belarusian ruble (BYN)
Time Zones: GMT +2
Dial Code: +375
Tax Rates in Belarus
Corporation Tax in Belarus: 18% (since 2012). The CIT rate for banks and insurance companies is 25%.
Income Tax in Belarus: Flat rate of 12%.
VAT Tax in Belarus: 20%
Preferential investment regimes and terms of taxation
—Free economic zones (0% profit tax for 5 years; 10% VAT)
—High-Tech Park (0% profit tax for 15 years; 0% VAT)
—Industrial Park (0% profit tax for 10 years, 50% discount during the subsequent 10 years)
—Small and medium towns, rural areas (0% profit tax for 7 years).
Most legal entities choose the following types as the most convenient for business:
This publication is provided for information purposes only. This info should not be treated as a substitute for a tax or legal consultation or legislation. You should not act on the basis of the information contained in this publication without having obtained individual advice from the professional expert.
BRIS GROUP does not assume responsibility for any damage resulting from decisions made by the reader on the basis of this publication.