of September 24, 2009 No. 465
About some questions of enhancement of leasing activities in the Republic of Belarus
For the purpose of improvement of the investment climate and creation of conditions for development of leasing in the territory of the Republic of Belarus:
1. Determine that:
1.2. if the goods which are subjects of agreements of international leasing (further - leasing objects), are located under customs procedure of release for internal consumption, according to the statement of the leasing recipient - the resident of the Republic of Belarus payment by installments of payment, the value added tax on the duration of the agreement of leasing, but no more than for five years is provided. Payment by installments is provided on condition of ensuring payment of customs duties, the value added tax.
Repayment of payment by installments and interest payment are made during the term of its action by quarterly equal shares.
For provision of this payment by installments the percent charged on the outstanding amount of the payment by installments in the amount of 1/360 refunding rates of National Bank operating on the date of the tax discharge on value added for each day of the term which passed from payment by installments effective date (for the first fee of import customs duty, the value added tax) or are levied from payment date of the previous fee (for the second and the subsequent fees). The amounts of percent are paid along with the payments made on account of repayment of payment by installments;
1.3. in case of termination of the contract of international leasing (including in connection with its termination) the lessor shall provide return of subject of leasing or the termination in cash or non-cash form of the obligations arising in connection with transfer of subject of leasing to the leasing recipient - to the nonresident of the Republic of Belarus if other is not established in parts three and the eleventh this subitem.
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The document ceased to be valid since January 18, 2019 according to the Presidential decree of the Republic of Belarus of January 14, 2019 No. 16