background image

Belarus Special Tax Regime for Individual Professional Income from January 2023 — Orbitax Tax News & Alerts

The Belarus government has published a release on a new special tax regime for individual professional income that is voluntary from 1 January 2023. Under the regime, the tax on professional income is calculated as a percentage of income received and includes mandatory contributions to the social security fund. The rates are:

  • 10% on income received when working with individuals and foreign legal entities, regardless of the income amount;
  • 10% on income up to BYN 60,000 when working with Belarusian organizations and Belarusian individual entrepreneurs; and
  • 20% on income exceeding BYN 60,000 when working with Belarusian organizations and Belarusian individual entrepreneurs.

Individuals that opt for the tax on professional income are required to use a certain mobile application for reporting/paying the tax. No income tax return is required.