Small and medium-sized cities, rural areas

SMALL AND MEDIUM-SIZED CITIES, RURAL AREAS

For companies created in medium and small cities and in the countryside provides a number of tax and customs benefits. This regime applies to virtually the entire country except for the 20 major cities marked on the map.

Investment conditions:
registration on the site

The tax features and benefits:
Exemption for 7 years from:
- profit tax, income tax in terms of realization of products of own production;
- payment of state duties for issuing licenses;
- mandatory sale of foreign currency.
Exemption from taxation of import customs duties and VAT on some goods imported by commercial organizations as a contribution to the authorized Fund within the terms established by constituent documents for the formation of such a Fund.

SMALL AND MEDIUM TOWNS, RURAL AREAS

Enterprises of small and medium towns, rural areas enjoy a number of tax and customs privileges. This regime covers almost the whole territory of the country, except for the 20 cities marked on the map.

Application terms:
registration at the stated territory.

Peculiarities of taxation and benefits:
Exemption for 7 years from:
- profit tax, income tax in terms of sales of own products;
- state due for issue licenses;
- compulsory sale of foreign currency.
Exemption from import customs duty and VAT on some goods imported by commercial organizations as a contribution to the authorized fund within the terms stated by constituent documents for the fund formation.

Normative legal acts, regulating the issues of investment in the territory of the Republic of Belarus

State institution "National Agency of investment and privatization"