Residents of the Belarusian Hi-Tech Park have the right to open bank accounts with foreign banks and carry out international financial transactions. Residents of the Hi-Tech Park can receive revenue from non-residents to accounts in foreign banks for their services, work performed and goods delivered. There are some peculiarities in the disposal of such revenue. […]
The cryptocurrency industry is developing in Belarus and the emergence of crypto brokers – companies offering services for the purchase, sale and exchange of cryptocurrencies to others – is becoming more and more relevant. Simply put, crypto brokers provide clients with the opportunity to invest in cryptocurrencies, develop and implement investment strategies for clients using […]
As a general rule, resident companies of the Hi-Tech Park are exempt from income tax, except when they perform the duties of a tax agent. However, there are transactions that you need to pay attention to in order to prevent non-payment of income tax. How much is the income tax paid on The amount from […]
Investors and owners of companies-residents of the Hi-Tech Park enjoy more preferential conditions for receiving dividends than owners of companies that do not belong to the residents of the Hi-Tech Park. The article discusses the taxation regimes of dividends that resident companies of the Hi-Tech Park pay to individuals and companies, residents and non-residents. What […]
The products created by companies and individual entrepreneurs who are residents of the Hi—Tech Park are in demand outside Belarus from foreign companies. This brings foreign exchange earnings to residents of the Hi-Tech Park, but may raise issues of registration of contracts and primary accounting documents. The document flow adopted when doing business between residents […]
The inclusion of tokens in business activities has become a common practice for many companies. Functioning as digital signs in the information system, tokens, often recognized as cryptocurrencies, serve various purposes, primarily as an investment tool. Having the predominant global role of a universal medium of exchange, cryptocurrencies facilitate transactions between residents and non-residents of […]
Belarus has firmly established itself as a growing technological center, and its heart is the Hi-Tech Park (HTP). For enterprises and individual entrepreneurs seeking to immerse themselves in up-to-date information about the field of technology, the process of joining HTP and benefits, we have collected the latest news in one article. This guide describes the […]
Thanks to the creation of a regulatory framework that promotes innovation and provides a well-organized basis for the developing digital economy, Belarus stands out as a unique player in the rapidly developing cryptocurrency market. In accordance with Decree No. 8 (published on December 21, 2017 under the heading “On the development of the digital economy”), […]
To date, the cryptocurrency in Belarus has turned from a prohibited asset into a legal means of payment. In the legal environment, cryptocurrencies are divided into tokens and coins, and in accordance with Decree No. 8 of 2017, transactions with digital currencies are allowed by law, which gives individuals and legal entities the freedom to […]
Due to its restructuring through integration into the State entity known as the “Secretariat of the Supervisory Council of the High Technology Park,” the HTP Administration’s operations came to an end on August 4, 2023, when an official entry was made in the Unified State Register of Legal Entities and Individual Entrepreneurs of Belarus. Transition […]
In the heart of Eastern Europe there is a thriving center of innovation and technological progress – the Hi-Tech Park (HTP) in Belarus. This unique enclave offers a specialized tax and legal regime that resembles the famous Silicon Valley in the United States. This demonstrates Belarus’ commitment to stimulating the growth of high-tech industry, creating […]
How many IT companies in Belarus American IT companies The information technology market in the Republic of Belarus is dynamically developing, gaining momentum and becoming one of the strategic directions of doing business. Qualified employees, high salaries, privileges in the tax area – these distinctive features of Belarusian IT companies determine their success and the […]
