Transition to OKED
Date of transition to the National Economic Activity Classifier (OKED) has been set.
Obligatory use of OKED starting from January 1, 2011 by all economic agents of the Republic of Belarus shall be regulated by Resolution of the Council of Ministers of the Republic of Belarus No. 1129 on Approval of Measures for Statistical and Economic Implementation of the National Economic Activity Classifier in the Republic of Belarus dated 12.10.2005.
Tax benefits for commercial companies starting activity in small cities.
Changes in taxation in 2008.
For State Registration Applicant
According to Resolution of the Ministry of Justice of the Republic of Belarus No. 90 dated 27.12.2007, measures for implementation of Decree of the President of the Republic of Belarus No. 8 concerning state registration and liquidation (termination of business) of economic agents were specified.
The Resolution approved application forms for state registration of a legal entity, state registration of amendments to instruments of incorporation of a legal entity, state registration of a sole proprietor, state registration of amendments to Sole Proprietor’s State Registration Certificate.
On Vehicle and Trailer Import Procedure
Decree of the President of the Republic of Belarus No. 503 on Preferential Transfer of Goods for Personal Use over the Customs Frontier dated 15.10.2007 came into effect on December 22, 2007.
According to the State Customs Committee, vehicles and trailers, registered in the Republic of Belarus and the Russian Federation, as well as vehicles and trailers, registered in foreign states and imported by non-residents, shall not be liable to customs duties, taxes and may be imported for any period without submission for customs clearance.