Free economic zones

In order to stimulate the creation and development of industries based on new and advanced technologies, to increase exports in Belarus, there are six free economic zones (one in each regional administrative center, including Minsk):

FEZ «Brest» (1996), www.fez.brest.by,

FEZ «Gomel-Raton» (1998),  www.gomelraton.com,

FEZ «Minsk» (1998), www.fezminsk.by,

FEZ «Vitebsk» (1999), www.fez-vitebsk.com,

FEZ «Mogilev» (2002), www.fezmogilev.by,

FEZ «Grodnoinvest» (2002), www.grodnoinvest.com.

The special customs, registration and tax regime of the FEZ provides enterprises with the opportunity to work in special favorable conditions (profit tax benefits, real estate, land tax and rent for land, customs preferences, etc.).

The main documents regulating FEZ:

Law of the Republic of Belarus as of December 7, 1998 № 213-Z «On Free Economic Zones»;

Edict of the President of the Republic of Belarus as of June 9, 2005 № 262 «On certain issues of the activities of Free Economic Zones on the territory of the Republic of Belarus»;

Edict of the President of the Republic of Belarus as of January 31, 2006 № 66 «On approval of the Regulations on free customs zones established in the territories of Free Economic Zones»;

Edicts of the President of the Republic of Belarus on the establishment of FEZ (as of March 20, 1996 № 114 «On Free Economic Zones on the territory of the Republic of Belarus»; as of March 2, 1998 № 93 «On the creation of free economic zones «Minsk» and «Gomel-Raton» as of August 4, 1999 № 458 «On the creation of free economic zone «Vitebsk»; as of January 31, 2002 № 66 «On the creation of free economic zone «Mogilev»; as of April 16, 2002 № 208 «On the creation of free economic zone «Grodnoinvest»);

Tax Code of the Republic of Belarus (Articles 382 and 383), Customs Code of the EAEU.