Question: What benefits are provided to the investor when implementing a preferential project?

Answer: List of benefits (preferences) provided when implementing preferential projects

1. Provision of land plots included in the list of plots for the implementation of investment projects without conducting an auction.
2. Exemption from land tax and rent payments during the project implementation period.
3. Exemption from the payment for the right to lease the land plot.
4. Exemption from compensation for losses in agricultural and forestry production related to the withdrawal of the land plot.
5. Exemption from import customs duties levied by customs authorities when importing technological equipment, components, and spare parts for it (there is no exemption from import VAT).
6. Exemption from profit tax when transferring and receiving capital constructions (buildings, structures), isolated premises, objects of unfinished capital construction, and other fixed assets free of charge (there is no exemption from VAT when transferring free of charge).
7. Full deduction of VAT incurred when purchasing goods (works, services), property rights on the territory of the Republic of Belarus (paid upon import into the territory of the Republic of Belarus).
8. Exemption from state duty for issuing special permits for the right to engage in labor activities in the Republic of Belarus.
9. Determination of contractors in construction activities or developers of project documentation without conducting the procedures established by law, suppliers of goods, and service providers for the construction of facilities.
10. Parallel design (allocation in the construction project of work stages with the execution of construction work on the current stage simultaneously with the execution of design work for subsequent stages).