Belarus Country Listing Progress Report

Last Updated: 12/08/2025

Belarus's official flag
 

Belarus Business Listing Progress Report

 

Bizpages' Belarus➙🇧🇾 database was used as the root for the publication of this review. More detailed info, search based on required parameters, visual aids, top company listings, shortened country business synopsis and links to adjoining countries can be discovered through the page full list of Belarus-based companies. Business owners can suggest their businesses in this business directory by providing vital details: company name, land address, contact info (site, email address, phone), and links to social media and messaging services.

Your comprehensive guide to business opportunities in Belarus

Last updated: July 2024

Key Highlights

  • Stable GDP growth at 2.9% (2023)
  • Thriving IT sector with $3.8B in exports
  • 6 Special Economic Zones with tax benefits
  • Strategic location between EU and EAEU markets

Economic Overview

Recent Performance

Indicator 2023 2024 Forecast
GDP Growth 2.9% 3.1%
Inflation 6.2% 5.8%
FDI Inflow $2.1B $2.4B

Key Industries

  • Manufacturing: 25% of GDP
  • Agriculture: 7% of GDP
  • IT Services: 6% of GDP (growing at 15% annually)

Why Invest in Belarus?

Industrial Strengths

  • World-class heavy machinery production
  • Global leader in potash fertilizers
  • Modern food processing capabilities

Digital Economy

  • 900+ IT companies in High-Tech Park
  • 65,000 skilled IT professionals
  • 0% income tax for IT companies until 2049

Geographic Benefits

  • At the crossroads of Europe and Asia
  • Access to EAEU's 183M consumer market
  • China-Belarus Industrial Park with special incentives

Promising Investment Sectors

Manufacturing

  • Auto components production
  • Pharmaceutical manufacturing
  • Industrial equipment

Technology

  • Fintech solutions
  • AI and machine learning
  • Blockchain applications

Infrastructure

  • Renewable energy projects
  • Logistics centers
  • Commercial real estate

Practical Business Guide

Setting Up Operations

Step Time Required
Company Registration 3-5 days
Tax Registration 1 day
Bank Account Opening 2-3 days

Taxation Overview

Tax Type Standard Rate SEZ Rate
Corporate Tax 18% 0% (first 5 years)
VAT 20% 0% for exports
 

Business Directory Statistics

  • Localities indicated: 55
  • Provinces published: 3
 

Frequent Towns

No. City Number of listings
0. Minsk 2
1. Homyel[^] 1
 

Most Frequent 10 Subcategories

Auto:6     Machinery and Equipment:5     Retail Trade:4     Cosmetic:4     Colleges and Universities:4     Scientific:3     Education:3     Transport Vehicles:3     Wholesale Trade:3     Institutes, Laboratories:3     Fabricated Products and Components:2    

 

Neighboring States

Category: Советы и Рекомендации | Added by: bizpager (12.08.2025)
Views: 33 | Tags: business directory, Belarus | Rating: 0.0/0
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