SPECIAL INVESTMENT AGREEMENT

For whom:
import-substituting investment projects
priority types of activities*

    0%
    Income Tax
    exemption for 5 years upon realization of own production goods
    0%
    Land Tax, Land Lease Payment
    exemption for the project implementation period + 1 year
    0%
    Fee for Land Plot Lease Right
    exemption
    0%
    Compensation for Losses from Withdrawal of Agricultural or Forest Lands
    exemption
    Land Plot
    without auction
    0%
    Costs for Infrastructure Facilities Creation
    financing of expenses for creation of necessary engineering and transport infrastructure at the expense of budget funds (for projects in specific districts)
    0%
    Customs Duties and VAT on Equipment
    exemption from import customs duties and VAT upon import of technological equipment, components and spare parts for it
    State Order
    possibility of realization of own products within the framework of state procurement using the single-source procurement procedure at prices established by legislation
    Stabilization Clause
    during the validity period of the investment agreement (but not more than 5 years) the right not to pay new taxes (fees) and taxes (fees) with increased rates

    Eligibility conditions

    To conclude a special investment agreement with the Republic of Belarus and obtain the specified benefits, the project must meet the following requirements:

    1. Implemented in priority types of activities
    2. Is effective and financially feasible, as confirmed by the conclusion of JSC 'Development Bank' (Resolution of the Council of Ministers of the Republic of Belarus dated 28.02.2024 No. 131)
    3. The share of own funds directed to the project implementation must be at least 15% of the total investment costs.
    4. As a result of the project implementation, previously non-produced or improved import-substituting products must be created.
    Unlike a regular investment agreement, there is no minimum investment requirement for a special investment agreement. For product sales, there is an opportunity for government procurement using the single-source procurement procedure.

      Frequently Asked Questions

      • Ministries
      • Organizations subordinate to the Council of Ministers of the Republic of Belarus
      • Regional (Minsk City) Executive Committees
      • Administrative Department of the Presidential Administration of the Republic of Belarus
      • Operational and Analytical Center under the Presidential Administration of the Republic of Belarus