Special treatment of the tax regulation exists on the territory of FEZ “Grodnoinvest” which ensures quick pay back period of investments.
Not paid:
- Profit tax from the realization of production (works and services) of own manufacture within the first 5 years from the moment of profit declaration;
- Collection to the republican support fund of the producers of agricultural production, food and agrarian science when selling goods (works and services) beyond the boundaries of the Republic of Belarus;
- Real estate tax if a building is located in FEZ and involved in the activities of a FEZ resident.
Paid:
- VAT - 50% from a taxable sum when selling import substitution goods in Belarus, except a tax rate of 10(9,09)%.
Paid by a two times lower rate :
- profit tax from the realization of production (works, services) of own manufacture starting from the 6 th year of the profitable activity of an enterprise.
International agreements on avoidance of double taxation act on the territory of FEZ “Grodnoinvest”.
Comparative table of taxation of enterprises-residents of the Republic of Belarus and residents of FEZ “Grodnoinvest” can be found here. |