Belarus High Technologies Park

Belarus Hi-Tech Park (HTP) is a tax and legal regime in Belarus, often referred to as the "Silicon Valley of Eastern Europe". Established in 2005, the Park operates under the provisions of the Belarusian Decree No. 8 "On the Development of the Digital Economy" and offers its resident companies a significant amount of preferences: until January 1, 2049, residents of the Park are exempt from most taxes, including value-added tax and income tax. Their employees have a 30% reduction in personal income tax. HTP operates on the principle of extraterritoriality: the companies registered in it can enjoy all the advantages provided, regardless of the location of their Belarusian office. As of 22 September 2023, 1000 resident companies with over 60,000 employees were registered in the HTP.

The IT sector in general and specifically the HTP as its leader became the driver of the Belarusian economy in 2005-2020. In 2016, mobile applications developed by HTP residents were used by more than 1 bln people in more than 150 countries. By 2021, computer services accounted for 30% of the country's total exports. In 2020, HTP export reached $2.7 bln and hit the record $3.2 bln in 2021.

Through the years, HTP has been actively engaged in supporting innovative entrepreneurship as well as IT education for children and adults, launching and leading numerous courses and initiatives.