company-belarus.com

Taxes in Belarus

Our team helps organizations handle the challenges of multi-jurisdictional tax operations, including compliance, reporting, and risk management for direct and indirect taxes, using consulting, technology, and outsourcing expertise.

We assist clients in understanding and transforming their processes, technology, and resourcing models, as well as providing global outsourcing services when applicable.

We have extensive knowledge of tax and legislation requirements, as well as a wide range of experience implementing them in real-life situations around the world.

Tax solutions in Belarus

We apply our broad expertise and experience to identify acceptable alternatives where they are required to ensure your company’s tax efficiency.

Tax optimization

Our tax optimization experts apply their legislative knowledge to show you how intersections can benefit your business – and to assist you in charting a clear path forward.

Tax consultation

Our experts provide creative solutions to help our clients achieve tangible results, such as:

Improved quality, timeliness, and accuracy in financial reporting.

VAT registration

Our devoted and hardworking team will assist you in preparing and filing your VAT registration application.

Bookkeeping

It’s critical to have precise financial records that document every dime you give out or earn when running a business.

Applying for tax return

Regardless of the intricacy of your return, you can count on our team to give you or your organization with tax preparation services that are compliant, high-quality, and cost-effective.

Register as a taxpayer

We inform taxpayers about their legal right to prompt, courteous, and competent assistance when dealing with the IRS.

System of taxes and fees in Belarus

The amount of taxes and their rates are determined by the business’s unique characteristics as well as the availability of perks. In the Republic of Belarus, the most fundamental taxes for businesses are: 

  • VAT, 
  • Income tax, 
  • Real estate tax, 
  • Land tax, 
  • Natural resource extraction tax (removal), 
  • etc. 

Tax rates

The table provided outlines various common tax types along with their corresponding rates.

Tax Tax Rate
VATStandard rate: 20%; reduced rate: 10%; zero rate for exports
Corporate income tax 18%
Personal income tax 12%
Dividend tax 12%
Capital Gains tax 18% (for disposal of shares)
Property tax 0.1% (individuals); 1% (corporations); 2% (incomplete construction)
Inheritance tax No specific inheritance tax; Income tax on certain inherited assets
International tax Varies by tax type (e.g., corporate income tax: 18%; dividends: 12%)
Cryptocurrency tax 1% turnover tax for High-Tech Park (HTP) residents; otherwise general tax rules apply

Request bookkeeping solution

It’s critical to have precise financial records that document every dime you give out or earn when running a business.

You can focus on growing your business while we manage the paperwork with our staff of experienced bookkeepers.

Bookkeeping

Belarus taxes Belarusian citizens and foreign nationals who are recognized as tax residents on their worldwide income earned during a calendar year. Individuals pay a flat tax rate of 12 percent on their income. Aside from the 12% rate, other rates apply in certain circumstances.

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We provide comprehensive, up-to-date knowledge of all relevant local rules and regulations.

Ready for the next step

Accelerate your business growth while we take care of everything else.

Disclaimer

Tax laws and regulations are continually evolving and can differ depending on personal circumstances. The information presented here serves as general guidance and may not represent the latest updates. It is strongly advisable to seek the assistance of a qualified tax professional for specific and current advice tailored to your situation.

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