DECREE OF THE PRESIDENT OF THE REPUBLIC OF BELARUS

of May 7, 2012 No. 6

About stimulation of business activity in the territory of averages, small residential locations, the rural zone

For the purpose of stimulation of business activity in the territory of averages, small residential locations, the rural zone and according to part three of article 101 of the Constitution of the Republic of Belarus:

1. Determine that:

1.1. the commercial organizations of the Republic of Belarus (except for the commercial organizations created after August 1, 2016 as a result of reorganization in the form of allocation, separation or merge and also the commercial organizations reorganized after the specified date by joining to them of other legal entities of the Republic of Belarus), the individual entrepreneurs registered in the Republic of Belarus with the location (residence) in the territory of averages, small residential locations, the rural zone * (further if other is not provided by this Decree, - the commercial organizations, individual entrepreneurs) and performing in the territory of averages, small residential locations, the rural zone activities for production of goods (performance of works, rendering services), within seven calendar years from the date of their state registration:

has the right not to estimate and not to pay the income tax (the commercial organizations) and the income tax from physical persons (individual entrepreneurs) respectively concerning profit and income gained from sales of goods (works, services) of own production **;

are exempted from payment of the state fee for issue of special permission (license) for implementation of separate types of activity by legal entities and physical persons (including connected with specific goods (works, services), entering into such special permission (license) of changes and (or) amendments, prolongation of term of his (her) action;

has the right not to estimate and not to pay other taxes, charges (duties) (except for the value added tax, including the value added tax levied in case of commodity importation on the territory of the Republic of Belarus, excises, stamp and offshore charges, the state fee, patent fee, utilization collection, customs duties and charges, the land tax, ecological tax, tax for production (withdrawal) of the natural resources and other taxes estimated, withheld and (or) listed in case of fulfillment of duties of the tax agent if this Decree does not provide other);

are exempted from obligatory sale of the foreign currency which arrived according to transactions with legal nonresident persons and physical nonresident persons from sales of goods (works, services) of own production, and also from property leasing.

In relation to the commercial organizations which resulted the reorganization of the legal entity in the form of transformation specified in paragraph one of part one of this subitem seven calendar years are estimated from the date of state registration of the legal entity as a result of whose reorganization the relevant commercial organization is created;

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* For the purposes of this Decree the territory of averages, small residential locations, the rural zone is understood as the territory of the Republic of Belarus, except for the territories of the cities of Baranovichi, Babruysk, Borisov, Brest, Vitebsk, Gomel, Grodno, Zhodino, Zhlobin, Lida, Minsk, Mogilev, Mazyr, Molodechno, Novopolotsk, Orsha, Pinsk, Polotsk, Recyca, Svetlogorsk, Slutsk, Soligorsk.

** For the purposes of this Decree sales of goods (works, services) of own production in relation to the commercial organizations, individual entrepreneurs is understood as sales of goods (works, services) of own production during action of the certificate of products of own production (the certificate of works and self-produced services) issued in the procedure established by the legislation to the commercial organizations, the individual entrepreneurs enabling their realization.

1.2. the commercial organizations of the Republic of Belarus within seven calendar years from the date of acceptance in accordance with the established procedure the decision on creation isolated podrazdeleniya*:

1.2.1. has the right not to estimate and not to pay:

the income tax concerning the profit received by separate division from sales of goods (works, services) of own production **;

the real estate tax from the cost of the buildings (constructions) which are on balance of separate division and located in the territory of averages, small residential locations the rural zone;

1.2.2. are exempted from obligatory sale of the foreign currency which arrived according to transactions with legal nonresident persons and physical nonresident persons from sales of goods (works, services) of own production made by separate division;

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* For the purposes of this Decree the separate division is understood as the branches and (or) other separate divisions of the commercial organization of the Republic of Belarus which are performing activities for production of goods (performance of works, rendering services) in the territory of averages, small residential locations, the rural zone, having separate balance which for making of transactions by the commercial organization of the Republic of Belarus opens the bank account with provision for officials of data of separate divisions of the right to dispose of money on the account, the fulfilling tax liabilities of the specified commercial organization and created in the territory of averages, small residential locations, the rural zone out of the settlement which territory is or was the location of this commercial organization or the location of the organization which as a result of reorganization in the form of accession was attached to the specified commercial organization, or the location of the organization as a result of which reorganization in the form of transformation, allocation, separation or merge arose creates) the specified commercial organization.

** For the purposes of this Decree sales of goods (works, services) of own production in relation to separate division is understood as sales of goods (works, services) of own production during action of the certificate of products of own production (the certificate of works and self-produced services) issued in the procedure established by the legislation and in which as the separate divisions performing production (performance of works, rendering services) this separate division is specified.

1.3. the commercial organizations, individual entrepreneurs, and also the commercial organizations of the Republic of Belarus having separate divisions regarding activities of separate divisions:

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