Belarus Corporate Tax Guide 2026

Overview — Corporate Tax in Belarus

Corporate tax in Belarus is governed by the Tax Code and administered by the Ministry of Taxes and Levies (MNS). A company is tax resident if it is incorporated under Belarusian law or if its place of effective management is in Belarus. Resident companies are taxed on worldwide income; non-resident companies with a permanent establishment are taxed on Belarus-source income only. Companies must register for tax with the MNS and obtain a taxpayer identification number (UNP — учетный номер плательщика). The tax year aligns with the calendar year. Annual returns are due by 1 April of the following year.

Standard CIT Rate — 20%

The standard CIT rate for resident companies in Belarus is 20% of chargeable profits. Taxable profit is computed as gross revenue less allowable deductions including operating expenses, depreciation, interest costs, and losses carried forward. Losses may be carried forward for up to 10 years (subject to certain limitations). Thin capitalisation rules apply to related-party debt — the maximum allowable debt-to-equity ratio is 3:1. Interest on excess debt is disallowed as a deduction. Capital gains are included in ordinary income and taxed at the standard 20% rate.

High-Tech Park (HTP) — 0% CIT

Residents of the Belarus High-Tech Park (HTP) benefit from a 0% corporate income tax rate. HTP is a special economic zone for IT and technology companies, offering one of the most favourable tax regimes in Eastern Europe. Key benefits include:

• 0% CIT — on profits from qualifying activities (software development, IT services, R&D, data processing)
• 0% VAT — on qualifying supplies within the HTP regime
• Reduced social tax — employer contributions capped at 26% of the average salary in Belarus, not actual salaries
• Reduced IIT — 9% flat rate on salary for HTP employees (instead of 13%)
• Exemption from property tax — on assets used in HTP activities

To qualify as an HTP resident, a company must be registered at the HTP and derive at least 50% of its revenue from qualifying IT activities. The HTP regime is valid until 2049.

Branches of Foreign Companies

Foreign companies operating through a branch or permanent establishment (PE) in Belarus are taxed at 20% on Belarus-source profits attributable to the PE. The definition of PE follows OECD standards and includes a fixed place of business, construction site (lasting more than 180 days), and dependent agents. Branch profits remitted to the head office are subject to a withholding tax of 15% (unless reduced by a double tax treaty).

Capital Allowances & Depreciation

Depreciation is calculated on a straight-line basis for tax purposes. Useful lives are prescribed by tax regulations:

• Buildings & structures — 2–5% per annum (20–50 year useful life)
• Plant & machinery — 5–15% per annum
• Computer equipment — 20–25% per annum (4–5 year useful life)
• Motor vehicles — 10–20% per annum
• Intangible assets — amortised over useful life (max 20 years)

An investment allowance of up to 20% of the cost of new fixed assets may be claimed in the year of acquisition for qualifying capital investments.

FAQs

What is the penalty for late filing of corporate tax returns?

Late filing attracts a penalty of up to 20% of the assessed tax liability plus interest at the refinancing rate of the National Bank of Belarus on the overdue amount.

Can foreign companies claim treaty relief?

Yes, Belarus has double tax treaties with over 80 countries. Treaty relief may reduce withholding tax rates on dividends, interest, and royalties paid to non-residents.

Is there a minimum tax for loss-making companies?

No, Belarus does not impose a minimum tax. Loss-making companies may carry forward losses for up to 10 years against future profits.

Disclaimer

This guide provides general information about Belarusian corporate tax for the 2026 tax year. Tax laws and rates may change. Always consult with a qualified Belarusian tax advisor or the Ministry of Taxes and Levies for advice specific to your situation. InvestmentKit does not provide tax advice.