For international tech groups, the list of places to build an R&D center outside the EU has narrowed to a handful of jurisdictions with special IT regimes. Three of them come up in almost every conversation we have with founders and CFOs: Belarus’s Hi-Tech Park (HTP), Uzbekistan’s IT Park and Armenia’s state support programme for […]
Most foreign IT companies approaching Belarus’s High-Tech Park treat the business plan as paperwork — a template to populate on the way to a 1% tax regime. That assumption is the single most reliable predictor of a difficult admission. The HTP business plan is not a registration form. It is the document on which a […]
Most companies join the High-Tech Park with one business model in mind and end up running a slightly — or substantially — different one a year or two later. A custom development shop lands on a product idea and starts selling subscriptions. A SaaS company adds a consulting line. A fintech studio decides to run […]
Three founders walk into the same HTP intake meeting. One runs a B2B SaaS company selling subscriptions to European enterprises. One runs a custom development shop shipping code to a handful of US clients. One runs a marketplace connecting freelance designers with small businesses across the EU. On paper, all three want the same thing […]
The decision to sell a Belarusian High-Tech Park subsidiary rarely starts in Minsk. It starts in a boardroom in London, San Francisco, or Dubai — a strategic pivot, a group restructuring, or a buyer looking for an engineering team that happens to come with a preferential tax structure attached. From there, the deal has to […]
Nobody sets up a Belarus HTP entity thinking about year 10. You’re focused on the accreditation, the first business project, and getting the accounting rhythm right. But the moves you make at year 3 — and the ones you skip — decide whether year 10 is a strategic pivot or a compliance scramble. A quick […]
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 […]
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 […]
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. […]
For IT companies looking at Belarus, the High-Tech Park is the prize that makes the rest of the paperwork worth doing. A 1% unified tax on revenue, no VAT on exports, zero corporate profit tax on qualifying activity, and payroll contributions tied to the national average wage instead of actual salaries — the combined effect […]
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 […]
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, […]
