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The Government of Belarus has recently increased certain tax rates, including:

  • An increase in the VAT rate from 25% to 26% on electronic communication services supplied by internet service providers and mobile communication operators with effect from 1 May 2022;
  • An increase in the tax rate on gross revenue from 1% to 2% for companies established and operating in the High Technologies Park with effect from the first quarter of 2022;
  • An increase in the standard corporate rate from 18% to 20% for companies established in the Mogilev region with effect from 1 January 2022.

The increases were introduced through different decrees and resolutions.