Advantages and Benefits

Extraterritorial approach

The Hi-Tech Park legal regime operates throughout the territory of Belarus. The company can be registered and located anywhere in the country. 

37 types of activities

Along with the traditional software development, companies can develop various areas of high-tech business: from robotics and the internet of things to cryptocurrency mining. 

Institutions of «English Law» for investors 

HTP residents can use international standard institutions like option agreements, convertible loans, shareholder agreements, non-poaching agreements, non-compete agreements.

Convenient relocation and visa-free entry

  • There is no need for special permits for HTP residents in case of employment of foreigners.

  • Obtaining a temporary residence permit is simplified for foreign employee of an HTP company.

  • Visa-free entry for foreign workers and founders of HTP residents, the maximum allowable period of their temporary stay increased up to 180 days. 

Legal framework for blockchain and cryptocurrency business

Comprehensive legal regulation allows HTP residents to provide cryptocurrency exchange services and to attract funding through ICOs and TSOs. 

Tax benefits

0% - VAT;

0% - income tax;

0% - offshore fees;

0% - customs duties on IT equipment import;

0% - corporate tax of foreign companies, including sales of shares in HTP resident;

0% - VAT and income tax on mining, purchase/sale and exchange of cryptocurrencies, other operations with tokens;

0% - property tax;

0% - land tax. 

Minimum taxes on salaries

9% - income tax (13% in the country)*.

Social security tax is based on the average salary in Belarus.

5% - corporate tax of foreign companies.

*in 2022-2023 a 13% rate is applied.