Tax System
Below you will find the main business taxes in Belarus:
|
Taxes |
Rates |
| Corporate profits tax |
18% |
| Capital gains tax |
18% |
| Branch remittance tax |
0% |
| Income tax rates for foreign companies not engaged in activity in Belarus through a permanent establishment: | |
| — Charges for transportation or freight, demurrage charges or other charges arising in connection with international transportation, as well as charges for transport forwarding services |
6% |
| — Incomes from debt obligations of any kind, including incomes on credits, loans, income from securities, the issue terms of which provide for income in the form of interest (discount), income from the use of temporarily idle funds in bank accounts in the Republic of Belarus |
10% |
| — Dividends |
12% |
| — Royalty, income from licenses and other income according to the list determined by law |
15% |
| Value added tax |
20% |
| Real estate tax |
1% |
| Social security contributions: |
35% |
| Compulsory social insurance/pension insurance (retirement, disability or a wage-earner’s death) |
29% |
| Compulsory insurance premiums for temporary incapacity, maternity, etc. |
6% |
Other favorable tax conditions available to foreign companies operating in Belarus>>
Contact us for more tax related incentives or see useful links for further information:
Deloitte/ Belarus Business and Investment Guide Tax Issues 2017
EY/Doing Business in Belarus, 2017
REVERA/Doing Business in Belarus, 2017
