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PRESIDENTIAL DECREE OF THE REPUBLIC OF BELARUS

of March 12, 2018 No. 105

About change of presidential decrees of the Republic of Belarus

For the purpose of enhancement of conditions of creation and activities of subjects of innovative infrastructure I decide:

1. Make changes to the following presidential decrees of the Republic of Belarus:

1.1. in the Presidential decree of the Republic of Belarus of January 3, 2007 No. 1 "About approval of the Regulations on procedure for creation of subjects of innovative infrastructure":

state Item 2 in the following edition:

"2. Determine that:

2.1. scientific and technological parks have the right to create funds of innovative development.

Fund of innovative development is enlisted into the special account opened by the scientific and technological park in bank of the Republic of Belarus.

Fund of innovative development is allocated on:

implementation by the scientific and technological park of activities according to article 26 of the Law of the Republic of Belarus of July 10, 2012 "About the state innovative policy and innovative activities in the Republic of Belarus";

the organization of activities and development of material and technical resources of the scientific and technological park, including capital expenditures;

financing of the innovative projects which are carried out by residents of the scientific and technological park.

Funds of innovative development are created for the account:

assignments of scientific and technological parks and their residents;

differences between the rent paid by resident of the scientific and technological park, and the rent paid by the scientific and technological park.

Scientific and technological parks and their residents make contributions to funds of innovative development in the amount of:

Percent 2,5 from the proceeds from sales of goods (works, services), property rights received for reporting quarter no later than the 22nd following reporting quarter - for the organizations and the individual entrepreneurs applying simplified taxation system without the tax discharge on value added;

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