Privileges Come Into Effect

31.03.2008 Belarus

Pursuant to Decree of the President of the Republic of Belarus No. 1 on Production and Disposal of Goods (Work, Services) Stimulation dated 28.01.2008, business entities, established after April 1, 2008 in little towns, shall be granted additional privileges.
The entities shall be exempted form income tax, fee to the Republican Agricultural Producer, Foodstuff Producer and Agricultural Science Support Fund and some other taxes for 5 years from the date of establishment. These preferential conditions shall be valid in localities with population below 50 thousand (according to the list approved by the Government of the Republic of Belarus).

Minsk, Belarus
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