Companies doing business in Belarus should understand their duties, responsibilities and risks.
Companies in Belarus should understand their duties, responsibilities and risks.
Belarusian tax legislation is closely linked with the requirements of accounting. Consequently, any violation of accounting requirements can lead to serious violations of tax law. Sanctions and penalties and other administrative responsibilities imposed for violations of tax law can make the smallest mistake very costly.
In addition, along with the tax law, it’s also necessary to comply with the provisions and requirements of currency legislation, pricing, and customs legislation. Checks of tax accounting to meet the requirements of the Belarusian legislation by KPMG help to identify significant risks associated with the violation of tax and other laws, to make a quantitative assessment of, and develop recommendations to, address them.
Taxes with effect from 1 January 2018