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Question and answer
23.06.2023

What are the advantages of an investment agreement with the Republic of Belarus?

Answer:

The mechanism of investment contracts allows you to create comfortable working conditions for the implementation of projects, regardless of the territory on which the project is carried out, allows the investor to establish additional guarantees for the protection of his capital and at the same time receive preferential conditions and preferences for the implementation of an investment project, including on an individual basis, the main of which are:

– construction of facilities provided for 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 (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.