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Information for
invetstors  Tax preferences
Taxation of FEZ "Mogilev"
residents (full version) TAXATION OF FEZ “MOGILEV” RESIDENTS IN 2007
COMPARATIVE ANALYSIS
Special legal regulations for taxation purposes are the
legal norms, which stipulate the special procedure and conditions of tax
calculation and payment, duties calculation and payment. This also applies to
other types of obligatory budget payments including tax preferences. The above
named special legal regulations apply exclusively to the firms which are
residents of free economic zones “Brest”, “Minsk”, “Gomel-Raton”, “Vitebsk”,
“Mogilev” and “Grodno-Invest”. Special legal conditions are valid for FEZ
residents when selling
1)Self-produced goods (services), originated in a
free economic zone to foreign legal and (or) natural persons in accordance with
concluded agreements. The above named regulation doesn’t apply when selling
goods (services) on commission or the like basis.
2)Self-produced import
substituting goods originated in a free economic zone on the territory of the
Republic of Belarus. The list of import substituting goods is defined by the
Government and approved by the President of the Republic of Belarus. Selling
goods on the territory of the Republic of Belarus (including that on commission
and the like basis) which are to be brought out of the territory of the Republic
later on is not considered selling goods on the territory of the Republic of
Belarus.
3)Self produced goods (services) originated in a free economic zone
to other FEZ residents in accordance with concluded agreements (except that on
commission or the like basis).
Special legal regulations do not apply to
-catering, gambling industry, trade and trade and purchasing activity,
securities operations;
-selling goods (services) produced using fixed assets
belonging to a FEZ resident and (or) labor of resident’s workers outside a free
economic zone. They do not apply when goods are partially or wholly produced
outside a free economic zone and when selling services when they are rendered
partially or wholly outside a free economic zone.
-Banks, other credit and
finance and insurance companies. The above named banks, other credit and finance
and insurance companies have no right to apply the above named special legal
regulations in any types of their activities.
-Selling goods not subjected
to special customs regulations of a free customs zone. The above named
regulations do not apply to the types of activity banned by the Government in
coordination with the President of the Republic of Belarus.
Tax, duty eduction
Type
|
Enterprises, residents of Republic of Belarus |
Residents of FEZ “Mogilev” |
| 1. Value Added Tax (VAT) |
The following tax rates are applied
Taxation is carried out at the
following tax rates:
1. zero (0) % - when
selling:
1.1. export goods
1.2.
forwarding, loading, unloading and reloading and other types of the like
services directly connected with selling export goods
1.3.
export construction services, transport services, when producing goods out of
free (supplied by the customer for no fee) raw materials
Cases when zero (0)%
tax rate is applied when selling services or works mentioned in paragraphs 1.2.
and 1.3. are defined by the Council of Ministers of the Republic of
Belarus
(based on Paragraph 1.1. Article 11 of the Law of the Republic of
Belarus “About Value Added Tax” dated 19.12.1991 ¹ 1319-XII (version of the Law
dated 16.11.1999 ¹ 324-3)
2. ten
(10)%:
2.1. When selling produced on the territory of the
Republic of Belarus plant-growing production (except for flowers and decorative
plants), cattle-breeding production (except for fur-bearing animals),
fish-breeding and bee-keeping production.
2.2 When enterprises sell
foodstuffs and goods for children in accordance with the lists, made up and
approved by Republic of Belarus Council of Ministers
(based on Paragraph 1.2.
Article 11 of the Law of the Republic of Belarus “About Value Added Tax” dated
19.12.1991 ¹ 1319-XII (version of the Law dated 16.11.1999 ¹
324-3)
3. eighteen (18)%;
3.1. For
goods (services, works) and intellectual property rights not mentioned in
paragraphs 1 and 2.
3.2. When goods not mentioned in
paragraph 2.2. are imported to the customs territory of the Republic of Belarus
or when the goods are used for purposes different from those in connection with
which they were exempt from taxation in accordance with Article 4 of the Law of
the Republic of Belarus “About Value Added Tax”
(based on Paragraph 1.3.
Article 11 of the Law of the Republic of Belarus “About Value Added Tax” dated
19.12.1991 ¹ 1319-XII (version of the Law dated 16.11.1999 ¹
324-3)
4. 9,09% (10:110x100) or 15,25%
(18:118x100):
4.1. when goods (services, works) are sold at
the regulated retail price (tariff) taxes
included;
4.2. when receiving profit from the
following:
- sanctions applied in case byers violate any contract clauses
except for contracts freed from taxation;
- when goods (services, works)
or intellectual property rights are sold at the price higher than selling price
or otherwise connected with paying for sold goods (services, works) and property
rights for intellectual property objects (except for operations freed from
taxation)
(based on Paragraph 1.3. Article 11 of the Law of the Republic of
Belarus “About Value Added Tax” dated 19.12.1991 ¹ 1319-XII (version of the Law
dated 16.11.1999 ¹ 324-3)
When exporting goods to Russian Federation zero (0)
% VAT rate is applied.
When importing goods from Russian Federation to the
Republic of Belarus VAT is collected in the Republic of Belarus at the rates
stipulated by the legislation of the Republic.
VAT is not collected when
importing goods
- for processing and bringing the processed goods out of
the Republic of Belarus later on;
- transit goods;
- goods not
subjected to taxation when brought to the territory of the Republic of Belarus
in accordance with the legislation of the Republic
(Based on Articles 2, 3 of
the Law of the Republic of Belarus “On Ratification of Agreement between
the Government of the Republic of Belarus and the Government of the Russian
Federation on the Principles of Indirect Tax Collection when Selling Goods and
Services” of 01.11.2004 ¹ 323-3)
|
Same
Except for when selling self-produced goods, which originate from
FEZ territory and are import substituting goods, on the territory of the
Republic of Belarus. The list of import substituting goods is defined by the
Government of the Republic of Belarus in coordination with the President of the
Republic of Belarus. VAT in this case makes up 50% of the total VAT
ammount.
(based on Paragraph 1.14. of President’s of the Republic of Belarus
Edict “About Some Issues Concerning the Activity of Free Economic Zones in the
Republic of Belarus” dated 09.06.2005 ¹ 262 ) and Chapter 5 of the Instruction
on Calculation and Payment Peculiarities of Taxes, Duties and other Obligatory
Budget Payments for Residents of Free Economic Zones” approved by the Resolution
of Taxes and Duties Ministry of the Republic of Belarus of 28.09.2005 ¹
96) |
| 2. VAT for the goods moved between the Republic of Belarus and Russian
Federatioin |
When exporting goods to Russian Federation zero (0) % VAT rate is
applied.
When importing goods from Russian Federation to the Republic of
Belarus VAT is collected in the Republic of Belarus at the rates stipulated by
the legislation of the Republic.
VAT is not collected when importing
goods
- for processing and bringing the processed goods out of the Republic
of Belarus later on;
- transit goods;
- goods not subjected to
taxation when brought to the territory of the Republic of Belarus in accordance
with the legislation of the Republic
(Based on Articles 2, 3 of the Law of
the Republic of Belarus “On Ratification of Agreement between the
Government of the Republic of Belarus and the Government of the Russian
Federation on the Principles of Indirect Tax Collection when Selling Goods and
Services” of 01.11.2004 ¹ 323-3) |
Same |
| 3. Excise (duties) |
Excise rates may be defined as a fixed sum paid for every excised
unit (fixed (specific) rates) or they may constitute certain percentage of the
cost of the goods (advalore rates). Excises rates are defined by the Council of
Ministers of the Republic of Belarus after the approval of the President of the
Republic of Belarus.
(based on Article 2 of the Law of the Republic of
Belarus “About Excise Duties” version dated 19.12.1991 ¹ 1321-XII under the
consideration of ammendements to this version dated 30.12.1997 ¹
113-Ç) |
| 4. Assignments to Regional Housing Investment Fund and Special Purpose Duty
for Financing Expenses Connected with Housing Fund Upkeep and Maintenance,
Republican Agricultural Producers Support Fund, Foodstuffs and Agricultural
Science Fund and Motorways Users Tax Directed to Road Fund (paid as a single
payment at the rate of 3,9%) |
Organizations pay 3,9%:
- assignments to Regional Housing Investment Fund
and Special Purpose Duty for Financing Expenses Connected with Housing Fund
Upkeep and Maintenance at the rate of 0,4%
- assignments to Republican
Agricultural Producers Support Fund, Foodstuffs and Agricultural Science Fund at
the rate of 2%,
- Motorways Users Tax Directed to Road Fund – at the rate of
1%
- assignments for financing the expenses connected with Housing Fund
upkeep and maintenance – at the rate of 0,5%
from the receipts received for
the sales of goods (services). Banks and other types of credit and financial
institutions (except the National Bank of the Republic of Belarus)
calculate and pay these assignments from the income (minus the expenses for
interest payments, commissions and other types of bank expenses). Organizations
which carry out trade and servicing activity or operate in the sphere of public
catering calculate these assignments from gross revenue Insurance and
reinsurance institutions calculate and pay these assignments from balance sheet
profit
(based on Article 9 of the Law of the Republic of Belarus “About
the Budget of the Republic of Belarus in 2007” dated 29.12.2006
¹191-3) |
FEZ residents do not pay the tax in respect of the receipts received for the
selling of goods (services) subjected to special legal regulations in the
presence of separate accounting.
(Based on Article 9 of the Law of the
Republic of Belarus “About the Budget of the Republic of Belarus in 2007” dated
29.12.2006 ¹191-3 and Paragraph 2 of the “Instruction about Taxation
on Peculiarities of Calculation and Payment of Taxes, Duties and Other
Obligatory Budgetary Payments for FEZ Residents approved by the Enactment of the
Taxes and Duties Ministry of the Republic of Belarus of 28.09.2005 ¹
96) |
| 5. Land tax (payment for land) or land lease payment |
Land tax (payment for land) or land lease payment is paid in the form of
annual tax payments for land lots per 1 hectare of land.
Land tax rates are
subjected to indexation using the ratio, stipulated in the law of the Republic
of Belarus about the budget for the ordinary financial year.
The rent for
the leased land lots is equal to that defined in the land lease contract.
Herewith base rates of an annual rent for the ground areas which are being a
state ownership, are defined by local executive and administrative bodies
proceeding from cadastral cost of these sites with application of the factors
established by the President of the Republic of Belarus depending on a
special-purpose designation of the ground areas. (based on Articles 3, 6, 16 of
the Law of the Repbulic of Belarus “About payments for land” dated 18.12.1991 ¹
1314-XII (including changes and ammendments)
In accordance with the decision
of Mogilev City Council of Deputies “About Budget of Mogilev region in 2007”
dated 22.12.2006 ¹20-2 the rate of land payment for legal persons was increased
50% since 01.01.2007.
The rate is calculated as follows :
[Land tax rate
in 2007 = (land tax rate in 2004 5793 thousand roubles x indexation
1,6) x 2 = 18537,6 thousand roubles] |
In accordance with the decision of Mogilev City Council of Deputies “About
Budget of Mogilev region in 2007” dated 22.12.2006 ¹20-2 the rate of land
payment for legal persons was increased 50% since 01.01.2007.
It is
calculated as follows:
[Land tax rate in 2007 = (land tax rate in 2004 5793
thousand x indexation 1,6) x 1,5 = 13903,3 thousand roubles]
In accordance
with Article 16 of the Law of the Republic of Belarus “About payments for land”
dated 18.12.1991 ¹ 1314-XII payment for leased land lots is defined by the lease
contract. Herewith base rates of an annual rent for the ground areas which are
being a state ownership, are defined by local executive and administrative
bodies proceeding from cadastral cost of these sites with application of the
factors established by the President of the Republic of Belarus depending on a
special-purpose designation of the ground areas. |
| 6. Compulsory insurance contributions to Social Defense of Population Fund
(subordinated to the Ministry of Labor and Social Defense of
Population) |
1. Compulsory insurance contributions for the insurance of
retirement make up:
- for employers – 29%
- for the employers, who produce
agricultural goods, the volume of which makes up more than 50% of the general
volume of the produced goods – 24%
- for Collegiums of Lawyers – 8%
- for
physical persons, who pay compulsory insurance contributions independently –
30%
- for farmers – 25%
- for the employed (except farmers) – 1%
2.
Compulsory insurance contributions for social insurance make up:
- for
employers, physical persons who pay compulsory insurance contributions
independently and farmers – 6%
- for Collegiums of Lawyers – 2%
Both types
of compulsory insurance contributions are paid in the form of a single
payment.
(based on Article 3 of the Law of the Republic of Belarus “About
Social Insuarance in the Republic of Belarus” dated 28.07.2003 ¹
232-3)
General rate makes up 36% of the wage fund. |
| 7. Ecological tax (tax for the use of natural resources) |
The tax consists from:
- payments for use natural
resources, payments for emissions of polluting substances in atmospheric air,
dumps of sewage or polluting substances in an environment, payments for
accommodation of production wastes within the limits of the established limits,
over the established limits or without the established limits in the cases
stipulated by the legislation;
- payments for oil refining and mineral
oil, for the organizations which are carrying out oil refining;
-
payments for moving on territory of Belarus of oil and mineral oil;
-
payments for accommodation of the goods which placed under a customs mode of
destruction and has lost the consumer properties, and also the waste formed as a
result of destruction of the goods, placed under this customs mode;
-
payments for manufacture and import of plastic, glass container, container
a paper and a cardboard and other goods, after loss of which consumer properties
are formed the waste rendering harmful influence on an environment and demanding
the organization of systems of their gathering, neutralization and uses,
and also for import of the goods packed into plastic, glass container and
container on the basis of a paper and a cardboard.
1. Tax rates for the
use of natural resources and polluting the environment are stipulated by
the Council of Ministers of the Republic of Belarus after the consultation with
competent authorities.
2. Tax for polluting the enviroment (exceeding
the pollutant quotas) is 15 times higher than the regular ecological tax
rate.
3. Tax for exceeding quotas for minerals excavation is 10 times
higher than the regular ecological tax rate.
4. For accommodation of
production wastes over the established limits or without the established limits
if their establishment is provided by the legislation, the tax is raised in the
15-fold size of the established rate of the tax.
(based on Article 2,3 of Law
of the Republic of Belarus “About tax for mineral resources usage (ecological
tax)” dated 23.12.1991 ¹ 1335-XII. |
| 8. Income tax for physical (natural) persons |
At the progressive tax rates of 9%, 15%, 20%, 25% and 30%,
depending on the size of annual income of physical persons (based on Law of the
Republic of Belarus “About income tax for natural persons” dated 21.12.1991 ¹
1327-XII (changes and ammendements included) |
| 9. Immobility (real estate) tax |
Annual real estate tax rate for organizations (firms) makes up 1% of the
depreciated cost of fixed assets of an enterprise.
(based on Paragraph 1
Article 3 of Law of the Republic of Belarus “About immobility tax” dated
23.12.1991 ¹ 1337-XII (version of the Law dated 18.11.2004 ¹ 338-3)
Since
January 1, 2007 the real estate tax rate for legal persons (except for the
rezidents of free economical zones) was increased 50% in accordance with
Mogilev Regional Council of Deputies Decree dated 16.12.2004 ¹ 10-9) and makes
up 2% from residual cost of the basic means. |
FEZ “Mogilev” Residents don’t pay this tax
(based on Paragraph 24 of the
Regulation about Free Economic Zone “Mogilev” approved by Decree of the Council
of Ministers of the Republic of Belarus dated 08.04.2002 ¹ 445)
FEZ “Mogilev”
Residents pay immobility tax just like everybody else when the matter touches
upon the immobility objects not subjected to special legal regime of a free
economic zone or the ones situated outside a free economic zone.
(based on
Paragraph 23 Chapter 4 of “Instruction about Taxation on Peculiarities of
Calculation and Payment of Taxes, Duties and Other Obligatory Budgetary Payments
for FEZ Residents approved by the Enactment of the Taxes and Duties
Ministry of the Republic of Belarus of 28.09.2005 ¹ 96) |
| 10. Tax for profit and income |
24%
(based on Paragraph 8 Article 4 of Law of the Republic of Belarus
“About profit and income taxes” dated 22.12.1991 ¹ 1330-XII (version of the Law
dated 18.11.2004 ¹ 338-3)
- the organizations which are
carrying out manufacture of laser-optical technics at which the share of this
technics in cost expression in total amount of their manufacture makes not less
than 50 percent, pay the tax under the rate of 10
percent;
- the profit tax of the organizations and the
establishments, received from the activity connected with cultural and
community, trading and other kinds of service of the population and construction
in zones of subsequent îòñåëåíèÿ and with the right on îòñåëåíèå, is raised
under the rate reduced for 30 percent. Lists of such organizations and
establishments are established by Ministerial council of the Republic of
Belaru;
- the profit received from realization of the
hi-tech goods (works, services) own manufacture (except for trading and
trading-purchasing activity) the organizations included in the list of the
hi-tech organizations, that approved by the President of the Republic of
Belarus, is assessed with the tax under the rate reduced for 50%
(based on
Articles 9,10,12 Law of the Republic of Belarus “About taxes for profits
and incomes” dated 22.12.1991 ¹ 1330-XII (version of the Law dated 29.12.2000 ¹
3, changes and ammendements included) |
1. The profit received by the residents of FEZ from the activity, which is
subjected to the special legal regime, is taxed at the rate reduced by 50% of
that established by the legislation.
(based on Paragraph 24 of the Regulation
about Free Economic Zone “Mogilev” approved by Decree of Republic of Belarus
Council of Ministers dated 08.04.2002 ¹ 445) The profit received by the
residents of FEZ from the activity, which is not subjected to the special legal
regime, is taxed at the regular tax rate established by the
legislation.
(based on Paragraph 10 of the Instruction about taxation
pecularities for FEZ “Mogilev” and “Grodnoinvest” residents approved by Decree
of Taxes and Duties Ministry of the Republic of Belarus dated 10.09.2002 ¹
86)
2. The profit received by the residents of FEZ from selling self-produced
goods or services for export or from selling self-produced import-substituting
goods is exempt from taxation for the period of 5 years since the moment of its
declaration.
(based on Paragraph 25 of the Regulation about Free Economic
Zone “Mogilev” approved by Decree of Republic of Belarus Council of Ministers
dated 08.04.2002 ¹ 445)
3. The taxed profit is reduced for the size of the
profit actually directed at the investments into the economy of the Republic of
Belarus.
(based on Chapter 3 “Instruction about Taxation on
Peculiarities of Calculation and Payment of Taxes, Duties and Other Obligatory
Budgetary Payments for FEZ Residents approved by the Enactment of the Taxes and
Duties Ministry of the Republic of Belarus of 28.09.2005 ¹ 96) |
| 11. Tax for the income received when carrying out some special types of
activity |
For legal persons’ income from securities operations is taxed at the rate of
40%.
(based on Paragraph 1.8 of President’s of the Republic of Belarus Decree
“About taxation of the income in some activity spheres” dated 23.12.1999 ¹ 43
(changes and ammendments included) |
Same |
| 12. Tax for the income of foreign legal persons, which don’t carry out their
activity in the Republic of Belarus through permanent representatives |
The foreign organizations, which don’t carry out their activity in the
Republic of Belarus through permanent representatives and receive income
of some kind in the Republic of Belarus pay taxes for:
-
dividends, royalties, licenses and other types of income in accordance with the
list defined by the Council of Ministers of the Republic of Belarus ;
at the
rate of 15%
- the income received from debt instruments of
any kind, in particular from obligations (except state obligations), promissory
notes, loans (to which belong deposits, credits, cescretionary funds on accounts
in Belarusian banks) –
at the rate of 10%
- for
transportation, freight and international transportation payments ;
at the
rate of 6%
(based on Paragraph 1 Article 10 of Law of the Republic of Belarus
“About profit and income taxes”dated 22.12.1991 ¹ 1330-XII (version of the
Law dated 29.12.2000 ¹ 3, changes and ammendments included ) |
Same |
| 13. Vehicle purchase tax |
At the rate of 5 % of the vehicle price (VAT not included) on
conditions that VAT is indicated separately in payment documents, confirming the
purchase of a vehicle)
Based on Article 9 of the Law of the Republic of
Belarus “On Road Funds in the Republic of Belarus” of 23.12.1991 ¹ 1335-XII
(changes and amendments included) |
Is not collected when carrying out activity subjected to special legal
regulations.
Vehicle purchase tax is collected and paid in accordance with
the general procedure stipulated in the legislation of the Republic of Belarus
without applying tax benefits in case a FEZ resident has not sold goods
(services) in the frame of special legal regulations before he becomes a tax
object.
Based on Paragraph 25 Chapter 4 of “Instruction about Taxation on
Peculiarities of Calculation and Payment of Taxes, Duties and Other Obligatory
Budgetary Payments for FEZ Residents approved by the Enactment of the Taxes and
Duties Ministry of the Republic of Belarus of 28.09.2005 ¹ 96) |
| 14. Offshore tax |
The rate of 15 %
For objects of collection of offshore
gathering are:
- transfer of money resources by the resident of
Byelorussia to the non-resident of Byelorussia registered in an offshore zone,
other person under the obligation to this non-resident or on the account opened
in an offshore zone;
- execution of the obligation in not to the
monetary form before the non-resident of Byelorussia registered in an offshore
zone;
- transition according to the legislation of property rights and
(or) duties in connection with change of persons in the obligation as which
parties the resident of the Republic of Belarus and the non-resident of the
Republic of Belarus registered in an offshore zone act;
Offshore gathering is
not raised at transfer of money resources:
- the state bodies and the
state organizations, subordinated to the Government of the Republic of Belarus,
according to obligations of Belarus to the international organizations, under
interstate and intergovernmental contracts;
- directed by banks and not
bank credit and financial organizations of Byelorussia in favour of
non-residents - owners of the international systems of calculations with use of
bank plastic cards VISA and MasterCard, registered in offshore zones and (or)
having accounts in these zones, according to the concluded contracts with the
specified non-residents (payments, royalties, the guarantee deposit, payments
for rendering of services on preparation, to granting and certification of
program-technicaln means, other payments connected with participation in such
systems of calculations);
- with a view of return by legal persons and
individual businessmen of credits, loans and percent for using them, and also
before received from non-residents of Belarus of means on other bases according
to the legislation or the contract;
- under contracts of sea
transportation of cargoes and under contracts of transport expedition at the
organization of the international transportations of cargoes by sea
transport.
(based on the decree of the President of Republic of Belarus from
12.03.2003 ¹ 104 “About offshore tax “) |
| 15. Local taxes |
In 2007 the following local taxes were introduced by the
Mogilev City and Regional Councils of Deputies
(Decrees ¹20-5 dated
22.12.2006 and 22-2 dated 28.12.2006 correspondently): |
| 15.1. Tax for carrying out retail trade on the territory of Mogilev |
The rate of this tax makes up:
- 15% of the receipts received
for the sales goods brought to the customs territory of the Republic of
Belarus and being in free circulation in the Republic of
Belarus
- 5% of the receipts received for the sales of other types of
goods |
| 15.2. Service tax |
The rate of the service tax makes up:
- 5% of the receipts
received for the sales of services provided by markets, fairs, exhibitions,
hotels, restaurants (bars, cafes), discos, hairdressers’, beauty services,
repair and maintenance of transport, rendered to persons;
- 10% of the
receipts received for the sales of services provided by camping lots, motels,
billiard-rooms, solariums, cable TV, tourist services and also immobility market
services, the cellular mobile telecommunication, cable
television. |
| 15.3 Tax from packers |
5 % of cost of preparation of wild-growing plants (or their
parts), mushrooms, technical and medicinal raw material of a phytogenesis,
agricultural production with a view of their industrial processing or
realization. |
| 15.4 Tax for trade on territory of the Mogilev area |
Tax rates are established depending on commodity circulation
(retail or wholesale) on each trading object in the accounting period:
up to
1,0 million roubles inclusive - 0,1 base sizes;
from above 1,0 million
roubles up to 50,0 million roubles inclusive - 0,5 base sizes;
from above
50,0 million roubles up to 100,0 million roubles inclusive - 1 base size;
from above 100,0 million roubles up to 200,0 million roubles inclusive - 2
base sizes;
from above 200,0 million roubles up to 500,0 million roubles
inclusive - 5 base sizes;
from above 500,0 million roubles up to 1000,0
million roubles inclusive - 10 base sizes;
from above 1000,0 million roubles
up to 1500,0 million roubles inclusive - 15 base sizes;
from above 1500,0
million roubles up to 2000,0 million roubles inclusive - 20 base sizes;
from
above 2000,0 million roubles up to 2500,0 million roubles inclusive - 30 base
sizes;
from above 2500,0 million roubles up to 3000,0 million roubles
inclusive - 40 base sizes;
from above 3000,0 million roubles - 50 base
sizes. |
| 15.5 Tax for a parking in specially equipped places |
Object of the taxation for a parking is the parking of vehicles on
autoparkings in territory of the Mogilev area:
- 0,025 base sizes - till 20
minutes of parking on autoparking in territory of the Mogilev area;
- 0,075
base sizes - for 1 hour of parking on autoparking in territory of the Mogilev
area. |
FEZ “Mogilev” residents do not pay this tax |
| 15.6 Tax for realization of the building the objects in territory of
the Mogilev area |
For the organizations - 25 base sizes for one object of building;
For individual businessmen - 10 base sizes for one object of building. |
FEZ “Mogilev” residents do not pay this tax if building objects are located
in territory of FEZ “Mogilev” |
| 15.7 Object tax on the maintenance and development of an infrastructure of
city (area) and object transport tax on updating and restoration of public
transport used in municipal, suburban and international bus service (in one
payment). |
3 % from the profit (income) remaining at the disposal of payers after the
taxation, including:
- tax on the maintenance and development of
infrastructure of city (area) - 1 %
- transport tax - 2 %
The tax base for
organizations is defined as a difference between the sum of profit on
realization of the goods (works, services), other values (including the basic
means, commodity-material assets, non-material actives, securities), property
rights, incomes from the operations not connected with realization reduced
for the sum of costs of these operations, received in the tax period, and the
sums of the estimated tax to the real estate for the basic means, the profit
tax, taxes to the incomes, paid by legal entities from operations with
securities, from lottery activity, the tax to a gambling industry for the
corresponding period. |
FEZ “Mogilev” residents do not pay this tax in the context of action of a
special legal regime for a Free Economic Zone "Mogilev" |
| 16. Customs duties |
When goods are brought across the customs border of the Republic of
Belarus and in other cases mentioned in Customs Code of the Republic of Belarus
all customs taxes and duties mentioned in legislation and Customs Code of the
Republic of Belarus are to be paid
(based on Article 110 of Customs Code of
the Republic of Belarus) |
Free economic zones are a part of the customs territory of the Republic of
Belarus. The territory of a free customs zone may not exactly coincide with the
territory of a free economic zone. The former is to be defined by FEZ
administration in coordination with State Customs Committee. The border of a
free customs zone is considered a customs border of the Republic of
Belarus.
When foreign and home-produced goods are brought to the territory of
a free customs zone neither taxes nor customs duties (except for customs
registration charges) are to be paid and economic policy measures are not
applied as well.
No customs registration is necessary
-
when goods, which are in free circulation on the territory of the Republic of
Belarus, are brought to a free customs territory from the customs territory of
the Republic of Belarus or when goods not subjected to customs registration are
brought to a free customs territory from Russian Federation in accordance with
legally stipulated procedure
- when goods mentioned in
Paragraph 1 are brought out of the free customs zone territory to the customs
territory of the Republic of Belarus or Russian Federation. This regulation also
applies to goods produced from the above described goods.
Taxes and customs
duties (except for customs registration charges) are not paid and economic
policy measures are not applied when goods, produced by FEZ residents and
referred to as “self-produced goods” are sold or brought
-
out of the territory of the Republic of Belarus (except for Russian
Federation)
- to Russian Federation when the payer produces
documents confirming that 0% VAT tax rate was applied in respect of goods
brought out of Russian Federation. The terms of supplyng the above named
documents
is not to exceed 100 days since the goods have passed the
customs registration procedure. The above named documents are to be certified by
customs authorities of the Republic of Belarus
- when goods
considered to be import substituting ones (in accordance with the List of
approved by Government of the Republic of Belarus in coordination with President
of the Republic of Belarus) are brought out of a free customs zone to the
customs zone of the Republic of Belarus
- out of a
free customs zone to a free customs zone
Custom duties and taxes are applied
to those self produced goods goods, which are not considered to be import
substituting ones, produced by FEZ “Mogilev”, which were not the subjected
to tax and custom duties collecting when brought to the territory of FEZ
“Mogilev”. This regulation applies in case of their export from the territory of
Free Customs Zone situated inside FEZ “Mogilev” to the rest of the customs
territory of the Republic of Belarus.
(based on Edict of the President
of the Republic of Belarus dated 09.06.2005 ¹ 262, Article 17 of Law of the
Republic of Belarus “About Free Economic Zones” dated 07.12.1998 ¹ 213-3,
Regulation about Free Economic Zone “Mogilev” approved by Decree of Council of
Ministers of the Republic of Belarus dated 08.04.2002 ¹ 445 (changes and
ammendments included) |
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