Belarus
Vat Registration Thresholds No threshold; mandatory registration for businesses with taxable turnover exceeding BYN 1,000,000 (approximately €360,000).
Vat Rates Standard rate of 20%, with reduced rates for some goods (e.g., 10% for certain services).
Vat Registration Process Registration is done with the Belarusian Ministry of Taxes and Duties. Businesses must apply through their local tax office.
Taxable Transactions Taxable goods and services, including imports and digital sales.
Registration Exceptions Small businesses with turnover under the threshold can apply for VAT exemptions or simplified reporting.
Vat Filing Frequency VAT returns must be filed quarterly for most businesses, with some exceptions for larger businesses.
Intra Community Transactions Belarus applies VAT on cross-border sales in accordance with its agreements with neighboring countries and the CIS.
Exemption Schemes Small businesses with low turnover may qualify for VAT exemption.