Belarus increases deduction rate for companies – HTP residents

The rate of deductions by companies – HTP residents is increased to 2%

From 28 March 2022 companies – residents of the High Technologies Park (hereinafter – HTP) deduct to the HTP Administration in the amount of 2% (previously – 1%) of gross revenue. This measure was adopted in order to implement state significant and social projects determined by state bodies.

So far, this rate is set only for the first quarter of 2022.

Source: National legal internet portal of the Republic of Belarus (NLIP) 30.03.2022, 5/50069.


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