Tax advantages for Forex business in Belarus
Clients of forex companies can work without paying income tax indefinitely. Earlier, starting in 2016, this benefit was also valid; its validity period was constantly extended. According to representatives of the forex industry, indefinite exemption from income tax for individuals makes Belarus one of the most attractive countries in the world for organizing the forex business.
We want to remind you that in Belarus the leverage is 1: 100 with the possibility of increasing to 1: 200, which is also a rather serious advantage, unlike, for example, many European countries.
If you need to open a forex company in Belarus, our Law Office will provide you with all the necessary assistance on this matter. We have extensive experience working with forex companies in Belarus.