The Free Economic Zone "Minsk" (FEZ Minsk) was created on March 2, 1998 by the Decree of the President of the Republic of Belarus No. 93 "On the Establishment of Free Economic Zones "Minsk" and "Gomel-Raton" in order to attract domestic and foreign investments for the creation and development of industries based on new and high technologies, to provide favorable conditions for the economic development of the regions of the republic.

At the disposal of the investor:

  • free territories for the implementation of investment projects;
  • convenient location near the city of Minsk, near the key international and regional highways;
  • tax preferences;
  • favorable conditions for development, support from the administration of the FEZ "Minsk" and the state;
  • skilled workforce and highly professional management personnel;
  • legally guaranteed conditions for safe business.

Advantages of the FEZ "Minsk"

Among the key advantages of the FEZ "Minsk" is a favorable geographical location in the city of Minsk - the capital of the Republic of Belarus. This location determines one of the main advantages of the FEZ "Minsk" in comparison with other free economic zones of the republic: the ability to effectively use the advantages of the capital region.

This is a huge staff potential, a branched network of roads and railways, the international airport "Minsk", serving all types of aircraft around the clock, an advanced logistics network, a high concentration of business and key international representatives and organizations.

Territory of the FEZ "Minsk"

Currently, the territory of the FEZ "Minsk" is located on 23 land plots which are located in Minsk, Molodechno, Borisov, Zhodino, as well as in Minsky, Smolevichsky, Molodechnensky, Borisovsky, Stolbtsovsky and Dzerzhinsky Districts.

Over the entire period of existence of the FEZ "Minsk", the territory of the FEZ has increased several times and now amounts to 2,791.4458 hectares.

Despite the fact that most of the territory of the zone is already used for investing in the construction of new facilities and the development of high-tech industries, the FEZ "Minsk" is ready to offer investors free land plots and production areas for the implementation of new investment projects.

Virtually all free land plots have the necessary infrastructure and are located within only 20-30- minute drive from the center of Minsk.

Main industries

Since the establishment of the FEZ "Minsk", the enterprises-residents of the FEZ "Minsk" have built or reconstructed 42 modern factories, 10 factories are at the construction stage, 14 - at the design stage.

The main industrial branches in which the FEZ "Minsk" enterprises operate are mechanical engineering and metalworking, woodworking, chemical and petrochemical industries, printing industry, industry of communications, construction materials, and also in the field of logistics.

Thanks to the constant development of infrastructure, construction of modern plants and adjacent territories, the Free Economic Zone "Minsk" has long acquired an image of the dynamically developing industrial center of the Minsk region.

Enterprises of the FEZ "Minsk"

More than 110 enterprises with Belarusian and foreign investments operate in the FEZ "Minsk". Among them, those enterprises that have already confidently entered the Belarusian and foreign markets and have established themselves as competitive manufacturers and reliable suppliers, as well as those that are just starting to build factories and launch their high-tech production.

Modern equipment and technologies, professional top management and skilled workforce, products that meet international quality standards - all this allows the resident enterprises of the FEZ "Minsk" to win leading positions both in the Belarusian and foreign markets, and are rightly called the leading companies of the republic.

Benefits to residents

Enterprises that become residents of the Free Economic Zone "Minsk" will enjoy certain tax benefits.

Kind of tax, fee (duty), allocations Resident of the Republic of Belarus Resident of the FEZ
1. Tax on profits 18% The profit of residents of the FEZ received from the sale of goods (works and services) of own production is exempt from income tax. Then it is calculated and paid at a rate reduced by 50% of the rate established by law (9%).
2 .Value-added tax 20% Exemption from VAT charged by the customs authorities upon release for domestic consumption of goods manufactured using foreign goods placed under the customs procedure of the FCZ.
3. Excises At rates for each type of excise product or good   The same procedure
4. Real estate tax 1% of the remainder cost of the main buildings and constructions  Is not collected (in the event of separate accounting) for facilities located in the territory of the FEZ
5. Ecological tax on  extraction (withdrawal) of natural resources Depending on the volume of:
- emissions (discharges) of pollutants;
- extracted resources from the natural environment
The same procedure
6. Land tax The rental rate is determined on the basis of the cadastral value of the land plot and its size 1. Land plots of residents of the FEZ which are located within the boundaries of the FEZ and provided to them after registration as residents of the FEZ for the construction of facilities are exempt , but not more than five years, from land tax;
2. Land plots of residents of the FEZ, regardless of their intended purpose, that are  located within the boundaries of the FEZ are exempt from land tax when the resident sells products for export or to other residents of the FEZ.
7. Offshore dues 15% of the transferred amount to non-residents of the Republic of Belarus registered in offshore zones or to accounts opened in these zones The same procedure
8. Exemption from rent for land plots The rate is calculated on the basis of the cadastral value of the land plot and its area The rent is not charged for:
1 land plots provided to residents for the construction of facilities, but not more than five years;
2. land plots of residents in the case of the sale of goods (works, services) for export or to other residents of the FEZ
9. Customs duties and VAT. Import duties and VAT are paid.

Exemption from import customs duties and VAT when the resident applies the free customs zone procedure.

Detailed information on the specifics of taxation in free economic zones can be found in Chapter 42 of the Tax Code of the Republic of Belarus.

Conditions for joining the FEZ

If you decide to become a resident of the Free Economic Zone "Minsk", you need to consider the main conditions for joining the FEZ:

  • the amount of investment in the implementation of the investment project should amount to an amount equivalent to at least EUR 1 million;
  • the location of production should be within the boundaries of the territory of the Free Economic Zone "Minsk".

The resident of the FEZ "Minsk" can be a legal entity of any form of ownership registered by the FEZ "Minsk" administration in accordance with the procedure established by law.

The list of documents to be submitted for registration as a resident of the FEZ "Minsk":

Registration as residents of the FEZ "Minsk" is carried out in accordance with paragraph 5 of the Regulations on the FEZ "Minsk" approved by the Resolution of the Council of Ministers of the Republic of Belarus of May 21, 2009, No. 657.

To consider the issue of registration of a commercial organization (individual entrepreneur) as a resident of the FEZ "Minsk", the investor prepares and submits to the administration of the FEZ "Minsk" an investment proposal including the following documents:

  • application according to the form approved by the Administration of the FEZ "Minsk";
  • certified in the prescribed manner copies of constituent documents with the presentation of original documents (for legal entities);
  • a copy of the state registration certificate with the presentation of the original document;
  • the business plan of the investment project in the form approved by the Administration of the FEZ "Minsk";
  • a payment document confirming the payment of the state duty for registration as a resident of the FEZ in the prescribed amount.

The state duty for registration as a resident of the FEZ "Minsk" in the amount of 50 (fifty) basic values ​​is paid by investors, business entities to the settlement account BY04AKBB36029110100040000000, OJSC "ASB Belarusbank", Minsk, BIC: AKBBBY2X.
Recipient: Main Department of the Ministry of Finance of the Republic of Belarus for the city of Minsk.
Purpose of payment: State fee for registration as a resident of the FEZ "Minsk". (Payment code in the budget 03001). UNP 100064110.

The applicant is responsible for the authenticity of the information provided in accordance with applicable law.

Registration as a resident of the FEZ "Minsk" is carried out by the administration on the basis of the decision of the Council of the Administration of the FEZ "Minsk" for the term of the agreement on the conditions of activity in the FEZ "Minsk".

The newly established organization, when registered as a resident of the FEZ "Minsk", preliminarily passes state registration in accordance with the procedure established by the legislation of the Republic of Belarus. The founders of the FEZ "Minsk" resident organization may be Belarusian and (or) foreign individuals or legal entities regardless of the form of ownership.

The activity of the investor in the Free Economic Zone "Minsk" is regulated by the following documents:

  • Law of the Republic of Belarus No. 213-3 of December 7, 1998 "On Free Economic Zones";
  • Tax Code of the Republic of Belarus;
  • EAEU Customs Code;
  • Decree of the President of the Republic of Belarus No. 93 of March 2, 1998 "On the establishment of free economic zones "Minsk" and "Gomel-Raton";
  • Decree of the President of the Republic of Belarus No. 262 of June 9, 2005 "On some issues of the activities of free economic zones in the territory of the Republic of Belarus";
  • Decree of the President of the Republic of Belarus No. 66 of January 31, 2006 "On approval of the Regulations on free customs zones established in the territories of free economic zones";
  • Decree of the President of the Republic of Belarus No. 667 of January 27, 2007 "On seizure and provision of land plots";
  • Resolution of the Council of Ministers of the Republic of Belarus No. 657 of May 21, 2009 "Regulations on the Free Economic Zone" Minsk ";
  • Resolution of the Council of Ministers of the Republic of Belarus No. 1264 of September 27, 2006 "On criteria for assessing the effectiveness of residents of free economic zones in the territory of the Republic of Belarus";
  • Progressive investment legislation of the Republic of Belarus provides Belarusian and foreign investors with guarantees of investment protection and ensures equal conditions for investment activities.

State institution "Administration of the Free Economic Zone "Minsk".

The address: Minsk, 220002, Kropotkin str. 44, phone/fax: +375 17 327 46 96,
http://www.fezminsk.by/en/, e-mail: info@fezminsk.by.

Head of the Administration. Reception-room Tel./fax 327-46-96
First Deputy Head of the Administration Tel. 335-28-51
Deputy Head of the Administration on Investment and Legal Activity Tel. 335-29-51
Deputy Head of the Administration on Capital Construction and Territorial Development Tel. 237-74-62
Accounts Department Tel. 335-28-86
Department of Territorial Development and Capital Construction Tel. 335-28-36
Department of Legal Work and Investment Projects Tel. 237-74-93
Department of Economic Development Forecast and Contract Obligations Control Tel. 335-28-54
Publicity and Information Section Tel. 335-29-50
General Department Tel. 334-08-11