GRATA International Belarus participated in a business forum between Nizhny Novgorod Region (Russia) and Belarus

On March 14, 2023 business forum was carried out between Nizhny Novgorod Region (Russia) and Belarus.

Managing Partner Dmitry Viltovsky and Associate Polina Sachava gave presentation on the topic “Foreign transactions between Russia and Belarus: currency regulation, taxation, and other practical aspects”. The following points had been covered:

• the specifics to be considered while concluding a foreign exchange contract between Belarusian and Russian residents,
• the specifics of VAT payment and the 0% tax rate application.