HI-TECH PARK BELARUS

HTP Belarus provides special business environment for IT business. Due to the legislative initiative of the Belarus government, IT companies are exempt from all corporate taxes, including VAT, profit, real estate and land taxes. Individual income tax has a fixed rate of 9% for the employees of HTP companies. First residents were registered in 2006. Currently 94 companies are registered as the Parks residents. Half of Belarus HTP resident-companies are foreign companies and joint ventures. The export share in the total production volume is 80 per cent. The resident companies are successful on North American and European hi-tech markets. Today they have customers in 52 countries around the globe. HTP attractiveness is based not on tax benefits and costs alone, but on knowledge, innovation and highly qualified human resources. Belarusian programmers get trained at the training centers of IBM, SAP, Oracle, Microsoft, and other world IT leaders. Another distinctive feature of B...