Hi-Tech Park
The High Tech Park is a sort of preferential treatment regime granted by the Republic of Belarus to companies operating in the field of information technology.
The Park was established in 2005, and Decree No. 8 “On Development of Digital Economy” extended the HTP regime until January 1, 2049. You can learn more about the HTP regime in our review.
Парк высоких технологий. Особенности и преференции. Как стать резидентомREVERA specialists are ready to provide a full range of legal assistance related to the activities of the companies within the frames of High Tech Park regime.
1. Entering the HTP
- Analysis of the client’s activities for compliance with the HTP regime, consulting on the selection of a business model, audit of agreements for compliance with the types of activities permitted by the HTP;
- Structuring of company’s activity prior to the application for residency within the HTP;
- Consulting on the HTP entering procedure at all stages;
- Consulting on the specifics of working as an HTP resident, existing HTP benefits and possibilities of its application;
- End-to-end preparation of business plans for entering the HTP, financial model development, execution of entire documentation package;
- Assistance in finalization of prepared business plans, their analysis, and preparation of recommendations for amendments, providing recommendations on the execution of documents for applying to the HTP.
2. For current HTP residents
- Advising on the specifics of the transition period in obtaining the Park’s resident status and application of the HTP benefits;
- Audit of the company’s activities as a HTP resident;
- Analysis of risks of loss of HTP resident status;
- Providing recommendations for completing the reports upon the HTP’s request;
- Audit of annual (financial) statements for HTP;
- Preparation of additional business plans to apply for new types of activities;
- Implementing English law tools under Decree No. 8 “On Development of Digital Economy”.
