Belarus - Raiffeisen Bank International AG

Special tax regimes
Unified tax on agricultural producers
This unified tax is levied at a rate of 2 per cent of agricultural producers’ gross revenues from the sale of
goods, services, and other assets and other activities. This tax replaces all other taxes except excise duty
and VAT. In addition, social security contributions, the extraordinary tax for the employment support fund,
and any customs duties must also be paid. The legislative basis for this tax is provided by the Special Part
of the Tax Code No. 71-3 of 29 December 2009 concerning the introduction of the unified tax on agricultural
producers.
Simplified taxation
Since 1 July 2007, individual entrepreneurs and commercial organization have been entitled (subject to certain
conditions) to apply a special taxation regime that greatly simplifies tax declaration and payment procedures.
The President of the Republic of Belarus signed the relevant decree No. 119 on the simplified
taxation system on 9 March 2007. Now, simplified taxation is regulated in the Special Part of the Tax Code
No. 71-3 of 29 December 2009.
In the simplified system, tax is charged on a gross revenue basis. Payment of this tax replaces the payment
of numerous other taxes, duties (charges) and transfers to budgetary and non-budgetary funds.
However, under the regulations that are generally applicable, the following must still be paid:
– taxes and duties (charges) when importing (exporting) goods into (from) the customs territory of the
Republic of Belarus;
– offshore fees;
– taxes on vehicle purchases;
– compulsory contributions to the fund for social protection of the population.
Whether or not VAT must be paid will depend on the number of employees and the amount of gross revenues.
VAT is not payable if the average number of employees in a month does not exceed 15 and gross
revenues in a year are less than BYR1,090 million.
When the simplified regime is applied, gross revenues are defined as total revenues from the sale of goods
and services and rights to intellectual property and revenues from non-selling operations.
Revenues from the sale of foreign currency and VAT charged to purchasers do not count towards gross
revenues.
The following tax rates have been adopted for the simplified regime:
8 per cent for non-VATable organizations and individual entrepreneurs;
6 per cent for VATable organizations and individual entrepreneurs.
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