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Belarus Expands Scope of Business Activities Eligible for High Tech Park Incentives

|Approved Changes|Belarus
Belarus

On 3 November 2014, Belarus adopted amendments to the country's High Tech Park incentives regime expanding the scope of eligible business activities. The areas of activity added include:

  • Micro, optical and nano-electronics
  • Data transmission
  • Radio location, navigation and communications
  • Information security
  • Creation of data processing centers

Benefits of the incentive regime include:

  • Exemption from income tax, VAT, and real estate tax
  • Technical equipment imported by park residents is exemp…

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