Advantages and Benefits
Extraterritorial approach
The Hi-Tech Park legal regime operates throughout the territory of Belarus. The company can be registered and located anywhere in the country.
40+ types of activities
Along with the traditional software development, companies can develop various areas of high-tech business: from robotics and the internet of things to cryptocurrency mining.
Institutions of «English Law» for investors
HTP residents can use international standard institutions like option agreements, convertible loans, shareholder agreements, non-poaching agreements, non-compete agreements.
Convenient relocation and visa-free entry
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There is no need for special permits for HTP residents in case of employment of foreigners.
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Obtaining a temporary residence permit is simplified for foreign employee of an HTP company.
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Visa-free entry for foreign workers and founders of HTP residents, the maximum allowable period of their temporary stay increased up to 180 days.
Legal framework for blockchain and cryptocurrency business
Comprehensive legal regulation allows HTP residents to provide cryptocurrency exchange services and to attract funding through ICOs.
Tax benefits
0% - VAT;
0% - income tax*;
0% - offshore fees;
0% - customs duties on IT equipment import;
0% - corporate tax of foreign companies, including sales of shares in HTP resident;
0% - property tax**;
0% - land tax***.
Minimum taxes on salaries
9% - income tax****.
Social security tax for HTP employees is based on the average salary in Belarus.
5% - corporate tax of foreign companies*****.
* for gross profit from operations with digital signs (tokens) 9% income tax is applied.
** in respect of facilities located on the HTP territory (except for those leased by HTP residents).
*** in respect of the land plots within the HTP boundaries for the period of construction of capital structures (buildings, constructions), but for no longer than 3 years, and intended for HTP residents' activities.
**** in 2023-2027 a 13% rate is applied.
***** not operating in Belarus through a permanent representation, when dividends are paid to a foreign organisation by an HTP resident.
