New reporting for Hi-Tech Park residents and developers. New features in cryptocurrency payments. Tax incentives and stimulation of robotization, and other news
The legislative news review is presented as of June 25, 2026.
New reporting for HTP residents and developers
According to the Decree of the Ministry of Taxes and Duties (hereinafter referred to as the MTD) dated May 29, 2026, No. 20 “On the Provision of Information,” HTP resident companies are required to submit two new types of reports:
- on verified accounts: information on the opening and closing of wallets/accounts of citizens of the Republic of Belarus and foreigners with a temporary residence permit. The report is submitted quarterly, no later than the 15th of the month following the reporting quarter;
- on major transactions: information on the movement of funds (rubles, foreign currency, electronic money), if the total amount in the account for the calendar year exceeded 150 thousand rubles. The report is submitted annually by February 5.
For 2025, HTP residents must provide information no later than November 25, 2026.
Developers are required to submit information to the Ministry of Taxes and Duties on individuals’ construction expenses. This applies to properties for which documents were submitted for state registration in the past year, or to properties that have been commissioned if individuals pay for them in installments after completion.
Submission deadline: February 5th annually.
For more information, please follow the direct link to the Pravo.by.
Leasing state property and its possible consequences
State-owned real estate property is subject to state registration upon creation, modification, or acceptance for accounting purposes. Documents must be completed within six months of the relevant date.
Note: A property is considered registered only if it has a state registration certificate. Ancillary structures, premises, and extensions must either be included in the technical passport of the main property or registered as separate real estate property.
Leasing of an unregistered property is not permitted.
Consequences: In case of violation of current legislation, the organization is required to transfer 100% of the rental income to the local budget. This obligation arises in the month following the expiration of a six-month period after the initial lease agreement for such property.
Cryptocurrency payments in Belarus: some innovations
The National Bank and the Ministry of Finance adopted a joint Decree dated June 09, 2026 No. 288/13 “On the use of digital signs (tokens) as a means of payment”, which comes into force on July 18, 2026.
This document applies only to resident legal entities that carry out foreign economic activity in the following cases:
- export and import of goods;
- provision and receipt of services;
- execution of works;
- transactions with intellectual property objects.
Payments will only be possible using cryptocurrencies (26 types) that were included in the closed list previously approved by the HTP Supervisory Board.
New rules for exchanging damaged coins and copying banknotes
Decree No. 143 of the Board of the National Bank dated June 16, 2026, amended the procedure for determining the solvency of damaged banknotes and the requirements for their reproduction. The Decree entered into force on June 20, 2026.
Banks must now accept:
- worn-out coins, banknotes with cuts, through holes and traces of metal removal, if their denomination and belonging to the coin of the Republic of Belarus can be clearly determined;
- coins separated into a ring and a core (disk), or rejoined, even if the sides, designs, or inscriptions are misaligned. The main requirement for exchange is the presence of both parts.
The National Bank has clarified the requirements for the production of copies of paper money. Effective immediately, reproducing images of both sides of a banknote is permitted only on one side of a sheet of paper. The size of the copy must be either strictly smaller than 75% or larger than 125% of the original size of the genuine banknote.
For more information, please follow the direct link to the Pravo.by.
Changes in the provision of information on the income of individuals
By Decree No. 20 of the Ministry of Taxes and Duties dated May 29, 2026, amendments were made to the form of information on the income of individuals submitted by tax agents to tax authorities.
Effective January 1, 2027, the form has been supplemented with new details: the number of months for which information is provided and the income recipient’s date of birth (for citizens of CIS countries). Existing income codes and income exempt from income tax have also been adjusted and new ones have been introduced.
The updated form is used when submitting information for 12 months of 2026 (no later than January 20, 2027). Information for six months of 2026 (up to July 20, 2026) is submitted using the current form, taking into account the changes that took effect on June 21, 2026.
- 220 — income accrued by a tax agent within the framework of labor legislation to a person with whom the employment relationship has been terminated;
- 221 — compensation for wear and tear of vehicles, equipment, tools, and devices owned by an individual;
- 225 — remuneration of members of the supervisory board (board of directors);
- 226 — remuneration of a member of the audit commission (auditor) and others.
Recommendation: Since the new list of codes for submitting personal income information will be applied for 12 months of 2026, it is necessary to study the changes today, as it is necessary to resolve the issue of updating the accounting software, as well as to establish accounting for the selection of information according to the new codes.
On the option to conclude a purchase and sale agreement for a share in the authorized capital
When concluding an option:
- the provisions of subparagraph 2.24 of paragraph 2 of Article 115 of the Tax Code do not apply;
- the fee for granting the right to conclude a contract for the sale and purchase of a share in the authorized capital (with or without offsetting such fee against payments under such contract) is recognized as an object of VAT taxation in accordance with subparagraph 1.1 of paragraph 1 of Article 115 of the Tax Code as turnover from the sale of property rights.
Regarding the payment for the option (regardless of whether it is counted or not counted towards payments under the agreement for the sale and purchase of a share in the authorized capital), the moment of actual sale is determined in accordance with paragraph 8 of Article 121 of the Tax Code as the day of transfer of the property right, as recorded in the primary accounting document.
If the payment received under the option is subsequently credited towards the payment under the agreement for the sale and purchase of a share in the authorized capital, then the following adjustment is to be made:
- the value of the right under the option for the amount credited towards the payment under the agreement for the sale and purchase of a share in the authorized capital, and the previously received payment under the option is credited towards the payment under the agreement for the sale and purchase of a share in the authorized capital, which are documented by primary accounting documents,
- turnover from the sale of property rights in accordance with paragraph 4 of Article 129 of the Tax Code in the reporting period in which the basis for such offsetting arises on the basis of the issued primary accounting documents.
For more information, please follow the direct link to the Ministry of Taxes and Duties website.
Tax incentives and preferences to stimulate robotization
Decree of the President of the Republic of Belarus dated June 17, 2026 No. 198 “On stimulating robotization” provides for measures to develop industrial robotization.
Tax incentives have been established for organizations implementing robotics: the application of a 1.5 depreciation rate when calculating income tax, exemption from import VAT on imported robots, and the right to a full VAT deduction when purchasing them in Belarus with a tax refund within 30 days.
Manufacturers and integrators of robotics are exempt from import VAT on robots and components, and opportunities for HTP residents to sell components, service, and lease manufactured robotics are expanded.
For more information, please follow the link to Pravo.by.
Young Professionals: Answers from the Ministry of Labor
The Ministry of Labor and Social Protection answers the most common questions on its official Telegram channel:
1) When should a young professional start working? Is it possible earlier?
Standard period: August 1st. Yes. If the agreement/contract is signed before August 1st, the mandatory notice period will begin on that date.
2) Can I expect a promotion?
Yes, the new position must be related to the graduate’s major. In this case, a graduate’s transfer is possible under the standard procedure with the employee’s written consent.
3) What payments are due? If there was no stipend?
One-time financial assistance: 1 monthly stipend (amount – as in the last semester) within a month after arrival, and if there was no stipend, then the calculation is based on the amount of the social stipend.
Relocation allowance is due to:
- assigned not at the place of permanent residence (registration);
- actual documented move to another locality;
- 1 base rate, tariff salary, official salary.
Monthly incentive payments to graduates who come to work in budgetary organizations, for example: Ministry of Education / Ministry of Culture: 20-45% of salary, Ministry of Sports: 10-50% of salary, Ministry of Health: 20-50% of salary, Ministry of Labor and Social Protection: 20% of salary.
4) Is it possible to fire a young specialist?
At one’s own request or by agreement of the parties – no.
Employment relations with a young specialist may be terminated only in specific cases:
- admission to full-time education to improve the level of education;
- transition to an elective position;
- liquidation of the organization;
- reduction in numbers/staff;
- unsuitability for the position due to health reasons;
- committing serious disciplinary offenses (absenteeism, drinking alcohol in the workplace, etc.).
5) Is parental leave included in the work period according to the assignment?
Yes, as well as the period of military service by conscription or under contract, service in the reserve and alternative service.
For more details, follow the link.
To receive professional advice regarding the application of current legislation for accounting purposes or to receive advice on tax matters, please send your inquiries via the feedback form on the website or write to email: info@assurance.by.
