The National Agency of Investment and Privatization is authorised to represent interests of the Republic of Belarus on the issues of attracting investment to the country and acts as a “one-stop shop” for a foreign investor.
2. BELARUS IS ON THE PATH TO ECONOMIC GROWTH
103%
Real GDP Growth % Y-o-Y
102.5 %
2017 2018
101.2%
2019
96.2%
101.7%
2014 2015
97.5%
2016
90
100
110
105
21,8%
16,5%
16,2%
12,0%
10,6%
5,6%
4,6%
2012 2013 2014 2015 2016 2017 2018
CPI, % Y-o-Y
4,7%
2019
GDP per capita (USD thsd PPP), 2019
53.8 53.6 46.8 12.2
20.6
76.6
Norway
Denmark
Germany
UK
Belarus
Georgia
GDP structure, 2019
Services
39.4%
Net taxes
on production
13.1%
Trade
9.4%
Agriculture
6.8%
Construction
5.6%
Industry
25.7%
3. E-Government
Development Index 2020
Belarus
Latvia
Armenia
Kyrgyzstan
40
49
68
83
Human Development
Index 2020
Belarus
Georgia
Ukraine
Azerbaijan
53
61
74
88
The Human Capital
Index 2020
Belarus
Russia
Ukraine
Kazakhstan
36
41
53
55
Global Food Security
Index 2019
Belarus
Romania
Russia
Kazakhstan
36
38
42
48
GLOBAL RANKINGS
«Why Belarus? Two words – SMART PEOPLE. Belarus has a reputation of a country with
a high scientific potential»
Ñliff Reeves, General Manager of Microsoft New Business-Models Development
98%
of population have higher, professional
and secondary education
4. 87 634 km
hard-surface
road
transfer pipeline
crude oil line
railway lines
5 491 km
2 938 km
11 657 km
OIL
754 km
oil-products
pipeline
7 920 km
GAS
gas pipeline
TRANSPORT AND LOGISTICS
5. Belarus is a member of MIGA since 2012
BELARUS INVESTMENT SUPPORT
agreements for
promotion and
mutural protection
of investments
66
agreements on
avoidance of
double taxation
70
Law
«On investments»
of July 2013
Law
«On Public Private
Partnerships»
of 30 December 2015
6. Public
Page 29
SUCCESS STORIES
What attracts us in Belarus is
rawmaterials, high educated
staff, and the doing business
conditions set up by the government.
And from logistic point of
view Belarus enjoys a perfect location.
Stability is a factor that cannot be
underestimated too.
Peter Kaindl, Kronospan
Public
8. FREE ECONOMIC ZONES
Minimum
investments
of €0.5 mln
Income Tax
Property Tax
Land Tax
VAT & Custom
Import Duties
0%
Export-oriented
production
Free economic
zone “MINSK”
Free economic
zone “Minsk”
Free economic
zone “Vitebsk”
Free economic
zone
“Gomel-Raton”
Free economic
zone
“Grodnoinvest”
Free economic
zone “Mogilev”
Free economic
zone “Brest”
17 %
15 %
16 %
10 % 12 % 14 % 16 %
Share of FEZ residents in key macroeconomic
indicators of Belarus,2019
NET FDI
Industrial
output
Export of
goods
9. GREAT STONE INDUSTRIAL PARK
PLACE
FOR INDUSTRIES
OF THE FUTURE
INNOVATIONS
AND
NEW TECHNOLOGIES
INTERNATIONAL
BUSINESS
COOPERATION
ADVANTAGEOUS
GEOGRAPHICAL
LOCATION
COMPREHENSIVE
SERVICES FOR
INVESTORS
SIMPLIFIED
PROCESS OF
DESIGNING
AND CONSTRUCTION
COMFORTABLE
LIVING CONDITIONS
PRODUCTION
AREAS
AND
LAND PLOTS
(RENT, PURCHASE)
0%
TAX PRIVILEGES
AND BENEFITS
10
TAX PRIVILEGES
AND BENEFITS
YEARS
GRANDFATHER`S
CLAUSE
0%
SPECIAL
CUSTOMS REGIME
THE MOST CONVENIENT
CONDITIONS FOR
DOING BUSINESS IN
THE EURASIAN REGION
NEW ECOFRIENDLY SMART CITY
10. HI-TECH PARK
TOP 15
leading countries
in IT outsourcing
and high-tech services
TOP 40
countries with very high
development index
e-government
# 1
Belarusian
software developer
recognized as the best
in the world in 2019
TOP 9
destinations
for software
development
of software produced
in HTP is exported
number of Fortune's largest
companies in HTP
92%
48%
60+
of 454 resident companies
are with foreign or
joint ownership
58 000
software developers in
HTP resident companies
share of IT-services in
export of Belarus
18%
Export of IT services, bln USD
2006 2011 2018 2019
0.05
0.27
1.59
2.10
11. 0%
SMALL TOWNS AND RURAL AREAS
INCOME TAX PROPERTY TAX VAT AND CUSTOMS
IMPORT DUTIES
12. ORSHA REGION
-
LOWER TAX RATES
(1% of the turnover from sale of goods of own production,
2% of the turnover from performing own works/services)
EXEMPTION FROM VAT
in relation to certain types of imported machinery and equipment
that are subject to 0% customs duty
FULL VAT REFUND
for developers in regard to the goods,works and
services used for constructing facilities in the Orsha region
24% RATE
of social security contributions by employers
0%
PRODUCTION OF
GOODS OR PROVISION
OF WORKS, SERVICES
14. INCOME TAX
18% IN GENERAL
0%
GREAT STONE
HTP
SMALL TOWNS
FEZS
LAND TAX
GREAT STONE
HTP
FEZS
PROPERTY TAX
GREAT STONE
HTP
SMALL TOWNS
FEZS
INCOME TAX FOR
INDIVIDUALS
DEDUCTIONS
TO THE SIF
FOR THE INCOME
EXCEEDING
AVERAGE
MONTHLY
SALARY
VAT AND
CUSTOMS DUTIES VISA-FREE REGIME
30 DAYS
IN GENERAL
180 DAYS
GREAT STONE
SAFETY REGIME
MORATORIUM
ON
CONDUCTION
INSPECTIONS
GREAT STONE
PREFERENTIAL REGIME
0%
0%
1%IN GENERAL 13% IN GENERAL
9% SMALL TOWNS
0%
35% IN GENERAL 20% IN GENERAL
0%
GREAT STONE
HTP
SMALL TOWNS
FEZS
15. Power supply
Agriculture
Industry
Trade
Constraction
Other
30,5%
15,4%
3,3%
9,5%
36,1% 5,2%
INVESTMENT AGREEMENT
DYNAMICS OF INVESTMENT AGREEMENTS
INVESTMENT AGREEMENTS
CURRENTLY IMPLEMENTING*
Additional
goverment support
to investments
projects
Exemption
from customs
duties and VAT
when importing
equipment
Deduction 0% VAT
No tender for land plot provision
no payment for conclusion lease agreement
no payment for land plot
1761
2079
1855
2013 2015 2017
2014 2016 2018
1615
1844 2017
2019
2116
beginnings of March , 2020
