Belarus is the best place for your investment while it offers:
1. Srategically advantageous location
Placing a business in the territory of Belarus enables companies to efficiently serve the most high-capacity and quick-growing target markets: EU countries (505 million consumers), Russia, Ukraine, Kazakhstan and other CIS countries (282 million consumers).
The advantageous economic and geographical location of Belarus, developed transportation and logistics and manufacturing system of the country is accompanied by its membership in integration associations. In the first place, the Eurasian Economic Union of Belarus, Russia, Armenia and Kazakhstan (EEU).
All of these factors provide unique opportunities for companies interested in establishing and dynamically developing business in the Eurasian region.
2. Direct access to the market of EEU countries (Belarus, Russia, Kazakhstan, Armenia)
Today companies investing in Belarus automatically enter the market of EEU countries.
The EEU is
- Free movement of goods, services, capital, workforce;
- A common customs territory of Belarus, Russia, Kazakhstan with a single customs tariff;
- Equal business conditions (including the costs of the principal energy resources);
- Single rules of technical regulation, single sanitary, veterinary, and phytosanitary norms;
- Exemption of process equipment, raw materials imported to implement investment projects from import customs duties.
3. Competitive investment and taxation conditions
there are a number of preferential regimes which could be of use for
foreign companies, including from the point of view of their taxation
planning and optimisation. They include special beneficial business
conditions in the case of organising business within six free economic
areas (0% profit tax for 5 years; 10% VAT), High-Tech Park (0% profit tax for 15 years; 0% VAT), and the Belarusian-Chinese Industrial Park
(0% profit tax for 10 years). Foreign companies can also derive
additional profit by the maximum decrease of investment expenses and
taxation burden while placing their businesses in the territory of small
and medium towns of Belarus (0% profit tax for 7 years, 0% VAT for 5 years).
strives to create open and favourable conditions for business in its
territory. Today the country is the leader in legislation improvement
which is confirmed by the World Bank's Doing Business 2015
research. In comparison to 2013 Belarus improved its DB rating by 1 position. As a result, in the conditions for business Belarus occupied the 57th place out of 189 countries, having significantly overcome Russia and Ukraine.
4. Developed transportation and logistics infrastructure
Due to its geo-economic location, Belarus is a transportation and logistics hub of Eurasia.
The transportation infrastructure of Belarus
is represented by a broad network of motorways, railways, airlines. The
thoroughfares crossing the country are the most important component of
the European transportation system. Thus, Belarus
is crossed by 2 cross-European transportation corridors, according to
the international classification No. II (West-East –
Berlin-Warsaw-Minsk-Moscow) and No. IX (North-South – Russian-Finnish
Petersburg-Vitebsk-Gomel-Ukraine-Moldova-Bulgaria-Greece) with branch
IXB – Gomel-Minsk-Vilnius-Klaipeda-Kaliningrad.
Annually over 100 million tonnes of European cargo cross Belarus's territory, 90% of which cargo is between Russia and the EU. At the same time, the transit potential of Belarus has not been exhausted – the Belarusian transportation corridors are used for 25-40% maximum of their real traffic capacity.
Thus, Belarus is the optimal link between the CIS countries (Russia
in the first place) and the EU countries, which could be advantageously
used by foreign countries by locating their manufacturing, logistics,
and sale units in the country's territory.
5. Unique privatization opportunities
provides foreign companies with unique opportunities of speedy
development of their business related to stepping up the privatization
process in the country.
Today around 70% of industrial production falls within the governmental
sector in the country. Unlike Russia, other CIS and Eastern Europe
countries, Belarus has preserved the largest national companies in state
ownership, which has enabled to ensure their full-scale support and, as
a result, to increase their manufacturing potential and international
At present, to further increase the efficiency of the national economy, Belarus
is interested in developing mutually beneficial co-operation with big
strategic investors, having selected the tactics of step-by-step
privatization. The examples of successful privatization deals of the
recent years (sale of governmental shares in Beltransgaz OJSC, Mobile
Digital Network JV etc.) have entered the list of the largest M&A
deals in Europe.
Today the National Agency of Investment and Privatization, jointly with the World Bank, introduces modern approaches and instruments
corresponding to the advanced international practice. They are aimed at
establishing more open privatization conditions understandable to
foreign countries in Belarus.
6. Highly qualified workforce
is the country of one of the most educated, highly qualified, and
industrious peoples. Over 90% of the population have higher, secondary
or basic education. A well-developed system of professional training as
well as a high level of the industry and services development enable the
Belarusian workforce work successfully in companies of any industries,
be it sewing, agriculture, biotechnologies or software development.
7. Decent living standards
In the rating of countries by living standards published in the UN
Human Development Report 2014, Belarus occupied the well-deserved 53 th
place (among 187) and became the renowned leader among all the CIS
countries. The living, dwelling costs, the costs of education and
various cultural events are lower than in the majority of Western and
Eastern European countries. Besides a developed social infrastructure, Belarus has preserved a unique eco-environment suitable for full and diverse life of people. In 2014 the researchers of Yale and Columbia Universities awarded Belarus with the best environment rating among all the CIS countries.