Минск - инновационная столица 2 | Page 13

Hi-Tech Park administration 220141, Republic of Belarus 9 floor - 1/1, Kuprevich str, Minsk, Tel.: +375 17 268-69-11 Fax.: +375 17 268-69-22 e-mail: [email protected] website: www.mgtp.by Mission: to create favorable environment for business development in the field of information technology in the Republic of Belarus, where unprecedented tax incentives are combined with the presence of well-trained IT professionals. Due to the legislative initiative of the Belarusian government, IT companies are exempt from all corporate taxes, including VAT, income tax and customs duties. Individual income tax has a fixed rate of 9% for the employees of HTP companies. Moreover, the legal conditions of the Hi-Tech Park are valid within the whole territory of the Republic of Belarus. The registration as an HTP resident is not limited by the place of the company’s location and registration within the country’s borders. This enables to use in full educational, research, professional and infrastructural potential of Belarus. 13