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ARTICLE · 08 FEBRUARY 2021

Doing Business In «Great Stone» 2018

The first and the main question asked by any investor getting to know a new ‘special economic zone' — is why he needs exactly this place for doing business.

BelarusTax

 Introduction

The first and the main question asked by any investor getting to know a new 'special economic zone' — is why he needs exactly this place for doing business. The answer resides in defining the key advantages and peculiarities of the economic zone.

The China-Belarus "Great Stone" Industrial Park is notable among all other economic zones for:

I. Tax and customs preferences

The Industrial Park's regime provides an unprecedented selection of tax and customs privileges in our region:

  • exemption from profit tax — full exemption for 10 years and 50% standard rate further on (standard rate is 18%);
  • 0% dividend tax during 5 years from the year of first dividend accrual + exemption from offshore duty (i.e. every resident may receive dividends without any tax payments in Belarus);

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