Business practice (entrepreneurship) shows that the most optimally productive type of business relationships are direct, direct contracts (ties) between possible future partners. The most pragmatic and cost-effective means is the investment agreement.
The investment agreement is a special kind of contract to provide additional public support to investment projects. The agreement is supervised by the relevant state authority at the conclusions stage - the Ministry of Justice and its territorial bodies. Guarantees of investment security lie with the state in its organisational and structural understanding.
INVESTMENT AGREEMENT
Main benefits:
Customs duties
Exemption from import customs duties and VAT when importing technological equipment into the territory of the Republic of Belarus for its use on the territory of the Republic of Belarus within the framework of the investment project
Lease agreement
Non-collection of fees for the right to conclude a lease agreement for a land plot under a valid investment agreement in case of violation of the standard construction period
Violation of the terms
Introduction of a single amount of penalty of the investor or organization for violation of the terms of implementation of the investment agreement or stage of implementation (if any)
Compensatory plantings
Exemption from compensatory plantings (except for cases of removal of flora objects growing on the common lands of settlements)
Leasing a land plot
Leasing a land plot without holding an auction for the right to conclude a lease agreement for a land plot with the preparation of the necessary documents for the allotment of a land plot simultaneously with the performance of construction work
VAT
Deduction in full of the amounts of VAT paid when purchasing goods, property rights used for design, construction , equipping facilities provided for by the investment project
Other benefits
Agreement
Simplification the procedure for terminating investment agreement
Monitoring
Change of the model for monitoring compliance with the conditions of the investment project and investment agreement
Construction
Construction of facilities provided by the investment project, in parallel with the development, expert examination and approval of the necessary project documentation