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High-Tech Parks in Belarus

(People's Daily Online)

16:54, October 18, 2012

Providing special business environment for IT-business, today Hi-Tech Park is one of the leaders among innovative IT clusters in Central and Eastern Europe. It includes 100 IT-companies with more than 10 000 software engineers who have been engaged in high-end software development and IT-services provided for customers in more than 55 countries of the world.

The attractiveness of Belarus Hi-Tech Park lies in the combination of the advanced technical education, innovative and highly qualified managers of IT-companies and the government support. This allows HTP Belarus to gain one of the leading positions among the innovation IT-clusters of the region.

The resident companies are active on North American and European hi-tech markets.

World leading corporations, including the Fortune 500 companies, such as Microsoft, Coca-Cola, Colgate-Palmolive, Citibank, MTV, Expedia, Google, London Stock Exchange, British Petroleum, Reuters, British Telecom, Gazprom etc. are among major consumers of Belarusian software developed in Belarus Hi-Tech Park.

Why HTP?

HTP Belarus provides a special business environment for IT business with significant incentives. Belarus Hi-Tech Park resident-companies are exempt from all taxes, including: VAT, profit tax, real estate tax, offshore fee. Individual income tax has a fixed rate of 9 %.

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