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Privileges

  • Exemption from income tax payment during 10 years from the date of declaring their profits.

  • After 10 years, the tax is paid at a rate reduced by 50% from the rate established in accordance with the legislation.

  • Exemption from real estate tax in relation to buildings and constructions located on the territory of the Free Economic Zone.

  • Exemption from the mandatory sale of foreign currency.

  • Exemption from rent payment for 5 years for the plots of land provided for the construction of the facilities for the residents registered after the 1st of January of the year 2012.

  • Exemption from payment when making a lease agreement for the plots of land that are given without holding auctions.

  • Exemption from the compensatory  planting as well as compensatory cost for the removed, replanted flora objects in the construction of facilities within the boundaries of the FEZ stipulated in the investment project, with the right to remove or  replant the flora objects.

  • Exemption from compensation for the loss of agricultural production for residents registered after January 1, 2012

  • Tax and customs privileges

  • Exemption from land tax

Advantages

  • Favorable geographic location, short distance to the main European centers.

  • On the teterritory of FEZ there are vacant land plots, that can be used for new poduction complexes

  • The investors have already got a minimum essential basic infrastructure at their disposal such as electricity and heating, gas pipeline and sewerage.

  • The high concentration of business communities, and representatives of key international organizations

  • In the region there is qualified labor force and specialists with necessary knowledge in various fields and experience of work in companies with foreign investments as well as the training base for professional training.

  • The Free Economic Zone “Minsk” has a favorable geographic position- close to Minsk ring road and Pan-European transport corridor № 2 (Berlin – Warsaw – Minsk - Moscow)

  • At the expenses the of the Republic’s Government allocated funds the FEZ administration prepares a minimum required infrastructure  on the territory of  FEZ, first of all it includes reconstruction and construction of road network and engineering facilities.

  • The access to railway, air and road transport creates good conditions for effective logistics service.

  • Visa-free regime of entry to Belarus