/ / Legal News
04.07.2016

President amended legislation on stimulating entrepreneurial activities in small towns and rural area

Decree of the President of the Republic of Belarus of 27 June 2016 No. 2 made corrections of some provisions of Decree of the President of the Republic of Belarus of 7 May 2012 No. 12 “On stimulating entrepreneurial activities in the territory of middle, small towns and rural area”. In particular, Decree No. 2 expanded tax privileges to enterprises being residents of free economic zones, as well as of affiliates of legal persons applying the single tax for manufacturers of agricultural produce, located in middle and small towns and rural area.

The Decree was officially published in Russian on the National Legal Internet Portal of the Republic of Belarus on 29 June 2016, and its main provisions enter into force in three months after its official publication.