/ / Legal News
25.07.2018

Zero income tax rate for foreign companies on separate credits and loans given to Belarusian organizations established

Edict of the President of the Republic of Belarus of 20 July 2018 No 286 has established zero income tax rate for foreign companies on separate credits and loans given to Belarusian organizations. In particular, that concerns the income of foreign organizations, received by them in the form of interest on credits and loans granted to Belarusian organizations by placing their debt securities.

The Edict was officially published in Russian on the National Legal Internet Portal of the Republic of Belarus on 25 July 2018 and enters into force after its official publication.