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, […]
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 […]
Choosing the right legal structure is one of the key decisions when setting up an IT company in Belarus. It affects not only how the business operates but also taxation, investment opportunities, accounting requirements, and the legal liability of the participants. Belarusian legislation offers entrepreneurs several legal entity options suitable for the IT sector — […]
The High Technology Park (HTP) of Belarus is one of the key elements of state support for the IT sector. Due to a special legal regime, HTP residents receive significant tax benefits, a simplified procedure for currency transactions and a number of other advantages that allow them to successfully run business in the high-tech sector. […]
The Hi-Tech Park (HTP) in Belarus plays a key role in developing the country’s IT industry, creating favourable conditions for IT companies and actively participating in educational initiatives. Thanks to the HTP’s efforts, a unique IT training system is being formed in Belarus, covering all levels of education — from preschool to higher education. Today, […]
The Hi-Tech Park (HTP) in Belarus is a key driver in developing the country’s IT sector, providing favourable conditions for innovative companies and startups. The Supervisory Board plays a central role in the management and strategic development of HTP. It is responsible for making important decisions, coordinating the Secretariat’s proposals, and approving new residents. The […]
Information technologies are a special part of the modern economy, and states strive to create favourable conditions for their development. In Belarus, one of these support tools is the Hi-Tech Park (HTP), which offers unique tax benefits to IT companies. These benefits not only help to reduce companies’ financial costs but also create incentives to […]
