Established in 2005, the Hi-Tech Park is rightfully considered to be the leading IT cluster in Central and Eastern Europe, offering the best conditions for starting, running and developing a business.
"The Silicon Valley of Eastern Europe", "The World Centre of Artificial Intelligence Development", "A Paradise for Programmers" are just some of the assessments of Belarus by reputable foreign media such as The Wall Street Journal, Forbes, Financial Times.
The uniqueness of HTP lies in the successful combination of high-quality technical education, a high level of professionalism of IT specialists and state support for the IT industry.
HIGH TECH PARK
Main benefits
Corporate Income Tax
Exemption (with the exception of income tax in the performance of tax agent duties, income tax in respect of profits from the sale of used property, as well as income tax calculated at the rate of 9 %, in respect of individual investment income)
Real Estate Tax
Exemption on objects of taxation in the territory of the HTP, the payers of which are residents of the HTP, except for such objects leased by them
Offshore Duties
The exemption for objects of taxation of offshore duty
Customs Duties
Exemption from import customs duties (taking into account international obligations of the Republic of Belarus) and VAT levied on the import of technological equipment, components and (or) spare parts
Land Tax
Exemption for the period of construction, but not more than 3 years
Exemption from local taxes and fees and VAT
Other benefits
Foreign income
Foreign Entities Corporate Income Tax – 5 % for dividends
Rent
A reduction factor of 0.5 on rent may be applied
Insurance
Exemption from payment of life insurance premiums from wages in terms of income exceeding the average monthly wage in the Republic