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BELARUS PowerPoint Presentation

BELARUS

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BELARUS

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  1. BELARUS Brussels, 27 June 2007

  2. SOURCE OF INFORMATION • INFORMATION IS KINDLY PROVIDED BY THE NATIONAL INVESTMENT AGENCYwww.invest.belarus.by • DIRECTOR MR.ALEH ZINOUYEU

  3. WHY TO INVEST IN BELARUS • FAVOURABLE ECONOMIC AND GEOPOLITICAL LOCATION, ACCESS TO THE MARKETS OF RUSSIAN FEDERATION AND EUROPEAN UNION • POLITICAL AND ECONOMIC STABILITY, LOW LEVELS OF CRIME AND CORRUPTION • HIGH DYNAMICS OF ECONOMIC GROWTH AND EXPORT ORIENTED ECONOMY • HIGHLY QUALIFIED LABOUR, SCIENTIFIC AND TECHNICAL POTENTIAL

  4. WHY TO INVEST IN BELARUS ctd • PROGRESSIVE INVESTMENT LEGISLATION • FREE ECONOMIC ZONES AND THE PARK FOR HIGH TECHNOLOGIES • NATIONAL INVESTMENT AGENCY (“One Stop Shop”) • FOREIGN INVESTMENT ADVISORY COUNCIL AS A PLATFORM FOR DIALOG BETWEEN GOVERNMENT AND INVESTORS

  5. DYNAMICS OF FOREIGN INVESTMENTS IN BELARUS, 2002 – 2007 (the first quarter)

  6. THE MOST PROSPECTIVE SECTORS FOR INVESTMENTS IN BELARUS • RECEIVING A STATE SUPPORT THROUGH DIFFERENT GOVERNMENTAL PROGRAMMES • “PROGRAMME ON DEVELOPMENT OF RURAL AREAS” • “SMALL CITIES DEVELOPMENT” • “PROGRAMME ON TOURISM DEVELOPMENT” • OTHER PROGRAMMES ON PRIORITY SECTORS, AMONG THEM: • FINANCIAL SECTOR • ENERGY SAVING TECHNOLOGIES • SCIENCE AND INNOVATIVE TECHNOLOGIES

  7. DEVELOPMENT OF BANKING SECTOR • CO-OPERATION WITH FOREIGN PARTNERS AND INTERNATIONAL ORGANIZATIONS: • NEW BANKING TECHNOLOGIES • INFLOW OF FOREIGN CAPITAL • IMPLEMENTATION OF INTERNATIONAL REPORTING STANDARDS • INCREASING THE TRANSPARENCY

  8. THE PARK FOR HIGH TECHNOLOGIES:ACTIVITIES • Analysis, design and software development of information systems and technologies • Software-based data processing • Fundamental and applied research and development (R&D), experimental R&D in the field of natural and technical sciences (scientific, research, experimental and engineering works).

  9. THE PARK FOR HIGH TECHNOLOGIES:RESIDENTS’ EXEMPTIONS • TAXES, LEVIES & PAYMENTS TO THE STATE BUDGET AND OTHER FUNDS • VALUE ADDED TAX (VAT) • CUSTOMS DUTIES & VAT IMPOSED BY CUSTOM AUTHORITIES • OFFSHORE FEE • INDIVIDUAL INCOME TAX HAS BEEN ESTABLISHED AT THE FIXED RATE OF 9%

  10. CONTACTS • FURTHER INFORMATION YOU CAN RECEIVE AT BROKERS: • RUSLANA NIKISHOVA AND ZHANNA TARASEVICH • Ruslana.Nikishova@un.minsk.by • Zhanna.Tarasevich@un.minsk.by • ADDRESS 6TH FLOOR, 17 KIROV STREET, 220050 MINSK, BELARUS TEL/FAX +375 17 298 35 26