HTP

FX Risk Management for HTP Residents Earning in USD and EUR

Almost every High Tech Park resident in Belarus is, in financial terms, a foreign-currency business with local-currency obligations. Customers settle invoices in USD and EUR. Salaries go out in Belarusian rubles. Taxes — including the HTP’s headline 1% on gross revenue — are paid in rubles. Office leases are usually denominated in dollars or euros […]

By Spex Team
23.06.2026
Belarus HTP vs. Armenia Engineering City for IT Companies: A Practical Comparison

When founders look at the post-Soviet space for an engineering base, two destinations come up almost every time: Belarus’s High Tech Park and Armenia’s Engineering City. They get grouped together in pitch decks, slide-deck comparisons, and investor calls — usually under a heading like “tech-friendly jurisdictions.” The grouping is misleading. One is a country-wide tax […]

By Spex Team
18.06.2026
HTP Company Liquidation Step-by-Step: Timeline, Costs, and Tax Consequences

Closing an HTP-resident company in Belarus isn’t the kind of project you finish in a long afternoon. It’s a regulated multi-stage procedure that touches the tax authority, the social protection fund, the HTP Secretariat, your bank, your employees, and — if you don’t sequence it properly — your personal liability as a director or founder. […]

By Spex Team
16.06.2026
What Is a Crypto Bank in the HTP

The digital economy has given rise to new financial models that combine traditional banking and blockchain technologies. One such model is a “crypto bank” — a company that operates with digital assets (tokens), provides custody services, supports cryptocurrency transactions, and integrates blockchain solutions into business processes within the High-Tech Park (HTP) regime in Belarus. A […]

By Spex Team
05.03.2026
Business Incubator in Poland vs. the Hi-Tech Park in Belarus

Belarusian IT companies and startups are increasingly exploring different options for development: some choose the Hi-Tech Park (HTP) in Belarus, while others opt for Polish business incubators. Both tools aim to support businesses, but they operate under different rules and pursue different goals. The HTP is a special legal regime for IT companies in Belarus, […]

By Spex Team
02.09.2025
Technopark in Kazakhstan vs. Belarus Hi-Tech Park (HTP)

Many companies exploring platforms for IT business development compare Kazakhstan’s Technopark — Astana Hub with Belarus’s Hi-Tech Park (HTP). However, HTP consistently remains the more attractive option due to its flexible legal framework, effective tax incentives, and proven mechanisms for supporting the IT ecosystem. If you’re seeking a reliable platform for IT services export, investment […]

By Spex Team
31.07.2025

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