24.02.2023
The Belarusian office of GRATA International law firm is pleased to welcome you to the pages of our business guide, dedicated to the legal overview of investment opportunities in Belarus.
Uzbekistan takes measures to support business
In accordance with the Resolution of the President “On measures to support business entities to reduce the negative impact on the economy of a sharp drop in air temperature” No. ПП-43 dated February 3, 2023 (the “Resolution No. ПП-43”), business entities will be given the opportunity to pay tax debts that have increased (formed) as of February 1 in relation to January 1, 2023, in installments in equal shares (from March 1 to July 1, 2023) without accruing interest, setting additional conditions and requiring security.
Business entities operating in Samarkand will be provided with benefits
The Resolution of the President of the Republic of Uzbekistan “On additional measures for the effective use of the tourism and transport potential of the Samarkand region, the development of the region based on the concept of “Samarkand is the tourist gate of New Uzbekistan”
On Approval of the Regulations on the Procedure for Registration of Inspections of Business Entities Conducted by Law Enforcement Agencies and Tax Authorities
In order to eliminate unreasonable interference of state bodies in the activities of business entities, strengthen their legal protection, create a favorable business and investment environment, counteract the manifestation of corruption risks during inspections by law enforcement agencies and tax authorities
Amendments were made to the Tax Code regarding regulation of activities of residents of the countries with preferential tax regime
According to paragraph 10 of Article 13.2.16.14-1 of the Tax Code, transfer of net income of the permanent establishment of non-resident located in the countries or territories with preferential tax regime to the account of this non-resident will not be considered as income from Azerbaijani sources
“On increase of social benefits” and the Law of the Republic of Azerbaijan “On social insurance”
Amendments were made to the Tax Code of the Republic of Azerbaijan, the Presidential Decree “On increase of social benefits” and the Law of the Republic of Azerbaijan “On social insurance” in connection with the provision of incentives to persons engaged in activities in the liberated territories.
A number of amendments were made to the Tax Code of the Republic of Azerbaijan
A number of amendments were made to the Tax Code of the Republic of Azerbaijan, the Migration Code of the Republic of Azerbaijan, and the Law of the Republic of Azerbaijan “On social insurance” in connection with the provision of incentives to persons engaged in activities in the field of information technology
On amendments to the tax legislation
Tax legislation in Belarus amends every year. Part of the amendments, which will come into force in 2023, were adopted by the Tax Code of Belarus in 2022, the second part is currently being signed by the President and will be adopted in the near future.
GRATA International Almaty will hold an online meeting of the working group at the CCI France-Kazakhstan on legal issues
On November 25, 2022., GRATA International Almaty jointly with the Chamber of Commerce and Industry of France-Kazakhstan will hold an online meeting of the working group on the topic: "Remote work, combined remote work: legal regulation and tax obligations".
GRATA International held a webinar: Doing business in Mongolia
On November 10, 2022, a webinar was held on the issues of starting a business in Mongolia.
The Government of the Russian Federation has approved the Treaty between the Russian Federation and Belarus on General Principles of Taxation on Indirect Taxes
The Treaty covers VAT and excise duties, for which the national legislation is to be brought into conformity with the Treaty by January 1, 2023.
GRATA International held a webinar: Opening a business in Turkey
On September 21, 2022, an online webinar on the topic: Opening a business in Turkey was held.