The tax authorities in Belarus announced various changes to the SST tax regime (Simplyfied System of Taxation without VAT) in 2021, which came into force in January 2022. The new tax rates are 6% for qualifying work and 16% for non-qualifying work. All types of software development fall under the first category, whereas general services […]
Due to the ongoing tensions between the EU and Belarus and the associated sanctions, we are regularly asked by customers and interested parties whether it makes sense to stay in Belarus or to look for alternatives. Basically, there are no local restrictions and impairments so far that would necessitate a hasty termination of nearshoring activities […]
