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Comparative tax description for legal entities in the Republic of Belarus
in accordance with the Tax Code of the Republic of Belarus (Special Part) of 29.12.2009 #71-3 (2010)

Taxes, dues, assessments Resident-enterprise of the Republic of Bela-rus, including enterprises with foreign in-vestments FEZ "Grodnoinvest" resident
1. Profits tax

 

18 %

(on dividends and other similar income - 12%)

 

  1. Profit received from the sale of goods (works, services) of own manufacture, which enjoys a special legal treatment, is exempted from taxation for 5 years from the moment of its declaration. On the expiry of the term, profit from the sale of goods (works, services) is taxed at the rate reduced to 50% (12%).
  2. Taxes which are not paid by FEZ residents in accordance with the legislation, governing FEZ activity, do not reduce taxable profit.

2. Income tax for foreign legal entities who do not operate in the Republic of Belarus through a permanent representation:

Deducted and transferred to the budget by legal entities and individual entrepreneurs who pay out an income to a foreign legal entity

Deducted and transferred to the budget by legal entities and individual entrepreneurs who pay out an income to a foreign legal entity

 

- freight and forwarding trade;
6% from the income sum
The same
- dividends and other similar income, income from alienation of statutory fund shares;
12% from the income sum
The same
- debt obligations income tax;
10% from the income sum
The same
- other incomes;

15% from the income sum
The same
3. VAT

0%, 10%, 20% from the proceeds
0%-rate is applied (article 102 of the Tax Code)
when selling:
- goods placed under the customs regime of export and re-export, and goods exported to the Russian Federation for the long-term location (without guarantees of the return to Belarus) including goods originating from the states other than Customs Union member-states,provided that the actual export of goods from Belarus is documented;
when providing
- works and services of freight forwarding, loading, reloading and other similar works (services) directly connected with the disposal of goods mentioned above;
- export-oriented freight services including transit traffic and export-oriented services connected with toll manufacturing;
- works and services connected with the production of goods exported from the Republic of Belarus to the Russian Federation (except goods imported for processing);
- works and services of maintenance
(modernization, reconstruction) of automotive equipment (including parts of automotive equipment) imported from the Russian Federation to the Republic of Belarus for maintenance
(modernization, reconstruction) with the following export of repaired (modernized, reconstructed) automotive equipment (including parts of automotive equipment) to the Russian Federation;

10% is applied:

  1. when selling plant (except flowers and ornamental plant), animal (except fur-bearing animal), beekeeping and fish products made in the territory of the Republic of Belarus;
when importing to the customs territory of the Republic of Belarus and when selling foodstuffs and goods for children (according to the list of goods approved by the President of the Republic of Belarus)

0%, 10%, 20% from the proceeds
VAT is not levied when importing foreign and domestic goods to the free customs zone, and also when exporting goods from the free customs zone beyond the boundaries of the Republic of Belarus.
VAT is levied when exporting goods from the free customs zone (FCZ) to the rest of the customs territory of the Republic of Belarus.
VAT for the goods imported to the territory of the Republic of Belarus from the Russian Federation will be paid by FEZ residents at generally established rates and then will be subject to deduction in a generally established order. When selling goods exported from the territory of the Republic of Belarus to the territory of the Russian Federation, FEZ residents will apply a 0%-rate when presenting documents stipulated by article 102 of the Tax Code of the Republic of Belarus.
When exporting goods from FCZ to the Russian Federation, a taxpayer is granted a 100-day deferral of repayment of import customs duties and VAT on goods, which have been imported to FCZ earlier and have become part of exported goods, without repayment of interest for its enjoyment.
If a 0%-VAT-rate on goods is confirmed in the Russian Federation, customs duties and VAT are not subject to payment. If it's not confirmed in time, import customs duties and VAT are paid with levying of an interest at the amount of the National Bank refinancing rate. Paid import customs duties and VAT are reimbursed within 3 years starting from the day of customs registration if a 0%-rate is confirmed. Theinterestisnotsubjecttoreimbursement.
VAT calculated at the rate of 20%, except 10% (9,09), is paid by organizations at the rate of 50% from the due and payable sum from sales in Belarus of goods  of own manufacture made in the territory of FEZ and  falling under the category of import-substitution according to the List of import substitution-goods. ExemptedamountofVATisnotsubjecttotaxation.

VAT payable sum from import-substitution goods sales revenue is calculated as a positive difference between VAT sum from import-substitution goods sales revenue calculated at the rate of 20 (16,67) % and the sum of tax deductions for the tax from import-substitution goods sales revenue calculated at the rate of 20 (16,67)% (clause 9, article 327 of the Tax Code of the Republic of Belarus).

4. Excise taxes

At rates on each kind of excisable products or goods

At rates on each kind of excisable products or goods

5. Ecological tax

By rates depending on the volume of:
- harmful emissions (discharges);
- production and import of certain types of receptacles and goods containing more than 50 % of volatile organic compounds (article 205 of the Tax code)



The same

6. Real estate tax

1% of depreciable value of basic production and non-production assets

Not paid (if there is a separate accounting) on the real estate objects situated in the territory of FEZ "Grodnoinvest". Paid on the fixed assets situated outside the boundaries of FEZ.

7. Land-tax (land rent) At rates (depending on the quality and location of a land plot).

At rates, or a land rent is not lower than a land- tax rate
8. Social protection fund contributions 34% of the gross payroll

The same

9. Special-purpose collection for the territory development

3% of the profit sum left at the disposal of an enterprise.



The same
10. Offshore collection

15%
Tax units are:
- transfer of funds by a resident of the Republic of Belarus to a non-resident of the Republic of Belarus, registered in an offshore zone, to another person according to an obligation to this non-resident, or to the account opened in an offshore zone;
- discharge of a non-monetary obligation to a non-resident of the Republic of Belarus, registered in an offshore zone, except the cases when a non-resident of the Republic of Belarus fulfills a cross-obligation by transferring the funds to the account of a resident of the Republic of Belarus;

- devolution of property rights or obligations in accordance with the legislation due to the substitution of parties in an obligation, if these parties are a resident of the Republic of Belarus and a non-resident of the Republic of Belarus.


The same

11. . Service tax

5% of service revenue (article 267 of the Tax Code of the Republic of Belarus)

The same

 

*   On the activity to which a special legal treatment is extended (SLT):
-realization of goods (works and services) manufactured by FEZ residents beyond the borders of the Republic of Belarus;
-realization of import-substitution goods of own manufacture in the Republic of Belarus according to the import-substitution List;
-realization of goods (works and services) manufactured by FEZ residents to other FEZ residents;

Comments

  1. FEZ residents also enjoy other benefits and preferences granted to managing subjects in accordance with the acting tax legislation;
  2. Income tax is paid by physical bodies-FEZ residents in accordance with the tax legislation on income tax levied from physical bodies of the Republic of Belarus (flat scale - 12%);
  3. Taxes are charged and transferred to the budget depending on the activity of legal persons and individual entrepreneurs.

 
 
 
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