25 November 2021
What are the advantages of an investment agreement with the Republic of Belarus?
The mechanism of investment contracts allows you to create a comfortable working environment in the implementation of projects, regardless of the territory in which the project allows the investor to install additional safeguards for the protection of their capital and to obtain favorable conditions and incentives for the implementation of the investment project, including individually, the main of which are:
- the construction of the facilities provided by the investment project, in parallel with the development, examination and approval of the necessary project documentation;
- leasing of a land plot without holding an auction for the right to conclude a lease agreement for a land plot with the registration of the necessary documents for the allotment of a land plot simultaneously with the execution of construction work;
- deduction in full of VAT amounts paid upon purchase (import into the territory of the Republic of Belarus) of goods (works, services), property rights used for design, construction (reconstruction), equipping of facilities provided for by the investment project;
- exemption from import customs duties and VAT when importing technological equipment (compo - exemption from import customs duties and VAT when importing technological equipment (components and spare parts to it) to the territory of the Republic of Belarus for its use on the territory of the Republic of Belarus as part of the implementation of an investment project.