- The government of Belarus has identified a list of imported equipment and components that are exempt from VAT
- The list includes technological equipment, components, and spare parts exempted from VAT according to the President’s decree
- A new administrative procedure has been added for obtaining a document confirming the absence of analogs of technological equipment in Belarus
- The decree aims to stimulate modernization of production and increase economic competitiveness
- Imported technological equipment, components, and spare parts without analogs in Belarus are exempt from VAT
- The decree came into effect on June 7, 2024
- Other news related to VAT exemptions for imported equipment in Belarus can be found on Pravo.by website.
Source: pravo.by
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
