Confederation of Industrialist and Entrepreneurs of Belarus


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  • No taxes, governmental support, exterritorial principle of registrationThe resident companies of Belarus Hi-Tech Park are exempt from all corporate taxes, including VAT and profit tax, as well as customs duties.Unlike many parks in Europe or Asia, Belarus HTP is a virtual hi-tech park. It means that the legal conditions of Belarus Hi-Tech Park are valid within the whole territory of Belarus. No matter where a company is located within Belarus, if it deals with engineering and software development – it can become a resident of HTP. This principle enables the resident companies to use educational, scientific, professional and infrastructural potential of the whole country.Belarus’s competitiveness is based not on tax benefits and costs alone, but on knowledge, innovation and highly qualified human resources. Belarusian programmers get trained at the training centers of IBM, Lotus, Sun, Novell, Microsoft, and other world IT leaders. Another distinctive feature of Belarus developers is that on top of professional skill set, they also have deep knowledge in mathematics, engineering, physics, and other sciences.
  • Confederation of Industrialist and Entrepreneurs of Belarus

    1. 1. IT IndustryWhy Belarus?
    2. 2. Belarus Now Belarus is the #1 country in Central and Eastern Europe in software development• One of the founders of the United Nations in 1945• Population is 9 500 000• Minsk is the capital, with population of 2 000 000• Minsk was the center of IT-industry of the former Soviet Union  first Soviet computers  first Faculty of Informatics  center of professional development for all the USSR
    3. 3. Numbers and figures• 2,879 companies with 25,000 employees• export – 500 million USD per year• year-on-year rate of increase is 35%• 120 colleges + 16 universities • produce 5,000 students per year• Leading positions export of IT services per capita together with Czech Republic and India (Forbes)• USA and Canada account for about 45% in the Belarus software export. • For example Coca-Cola, Microsoft, Oracle, Colgate- Palmolive and IBM
    4. 4. First IPO IT outsourcing in Central and Eastern EuropeOn February 8, 2012 EPAM Systems from Minsk (Belarus)went to the New York Stock Exchange.
    5. 5. IAOP rankingAccording to the IAOP (International Association of OutsourcingProfessionals) ranking four IT companies from Belarus 2012Global Outsourcing 100: EPAM Systems Intetics itransition Artezio The only country in Eastern and Central Europe.
    6. 6. If you have a job to do, go to India. If you have a difficult job to do, go to America. If you have an impossible job to do, go to Belarus. Drew Guff,Managing Director and Founding Partner of Siguler Guff & Company
    7. 7. The Skype Killers of Belarus – Viber “For a talented developer, it would be $130,000 a year.” For this amount, Marco and Magazinik (founders), can pay 7 Belarusian developers.One hundred million people have registered as userson Viber, an application that enables people to talkand text via mobile phone without paying a fee.
    8. 8. Gennady Korotkevich is only 18 years old• International Olympiad in Informatics • first place in 2009, 2010 and 2011; • a gold medal in 2007 (20th), 2008 (7th) and 2012 (2nd); • a silver medal in 2006 (26th).• Records • gold medals (six) • absolute first places (three).• Cormen Medal in 2010 and 2011• Winner Google Code Jam 2012
    9. 9. A soldier is at his best at 16 Napoleon Bonaparte
    10. 10. A programmer is at his best at 18 Boris Komrakov
    11. 11. How do we create software developers from students? Scheme of study Preparatory program Bachelor program Master programLevels (3 years) (4 years) (2 years)school year 1 2 3 4 5 6 7 8 9age 12 13 14 15 16 17 18 19 20traditionalgrade/year 6 grade 7 grade 8 grade 9 grade 10 grade 11 grade 1 year 2 year 3 yearTotalhours/w – 4 8 20 30 40 40 50 50studyhours/w – 4 8 20 20 20 10 10 10workinghours/w – – – – 10 20 30 40 40 systematic short-term studying +forms of testing and training and studying + work + work + work + training and studying workingoccupation selection final work studying studying studying selection practice selection
    12. 12. Doing Business in Belarus• According to the World Bank’s Doing Business rankings, Belarus places 69th out of 183 countries.• Notably, this is a jump of 22 places compared with Belarus’s 2011 result.• The ease of starting a business is rated particularly well (placing Belarus on a par with Singapore and Saudi Arabia).
    13. 13. Belarus-ChinaIndustrial Park
    14. 14. Tax incentives in Belarus Belarus-China Tax General industrial parkSalary tax 12-15 % 9%VAT 20 % 0%Profit tax 18% 0%Dividend tax 12 % 0%
    15. 15. Investment opportunities• investing into education and training of future programmers for yourself and other companies (up to 10 thousand per year)• outsourcing IT-projects• acquiring firms or shares of firms• opening subsidiaries• using the tax advantages of the Belarus-China Industrial Park
    16. 16. WHY BELARUS?• Location and stability• Mentality and culture• Tax advantages• Low IT-wages• Extensive English-speaking high-level workforce