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Decree simplifying public catering and consumer services comes into force in Belarus

It will be more profitable to work in the countryside in Belarus. The decree "On the development of trade, catering and consumer services", signed by the President on Friday, was published on the national legal portal on September 26.

So it has already entered into force. From this day, restrictions on alcohol trade are lifted. Now you can sell it not only in shops, regardless of their area, but also in mobile shops. The main condition is to obtain permission from the local authorities, indicating the range, as well as the route of the store on wheels.

Already from January 1, 2018 businesses in rural areas will be qualified for reduced profit tax (down to 6%), and a single tax - up to one base value - will be in force for individual entrepreneurs. There will be an opportunity to be released from payment of the VAT, and also from the real estate and land tax. Now one will be able to buy vacant premises at market value without an auction.

Violetta Berezovskaya, Head of Trade and Services Organization of the Ministry of Antimonopoly Regulation and Trade of the Republic of Belarus:
To make these benefits work, the regional councils of deputies must take appropriate decisions to determine the list of settlements in the territory where these benefits will be applied. For legal entities, for example, this is exemption from VAT, the profit tax of 6%, income tax reduced twofold, the single tax rate at one base amount (about $12). This applies to rural areas and small towns. We hope that many entrepreneurs will use the decree and open their own small business in the countryside.

This Thursday, the Ministry of Antimonopoly Regulation and Trade will contact regional executive committees to discuss all the innovations. The right to preferential conditions to conduct business in the countryside will be available until December 31, 2022.

Decree simplifying public catering and consumer services comes into force in Belarus