{"id":4169,"date":"2026-03-17T23:48:16","date_gmt":"2026-03-17T20:48:16","guid":{"rendered":"https:\/\/opencompanyinbelarus.com\/?p=4169"},"modified":"2026-03-23T14:53:27","modified_gmt":"2026-03-23T11:53:27","slug":"belarus-it-industry-the-real-picture-for-foreign-investors","status":"publish","type":"post","link":"https:\/\/opencompanyinbelarus.com\/eng\/news\/belarus-it-industry-the-real-picture-for-foreign-investors","title":{"rendered":"Belarus IT Industry in 2026: The Real Picture for Foreign Investors"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_81 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<div class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/div>\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/opencompanyinbelarus.com\/eng\/news\/belarus-it-industry-the-real-picture-for-foreign-investors\/#The_numbers_where_the_sector_stands_now\" >The numbers: where the sector stands now<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/opencompanyinbelarus.com\/eng\/news\/belarus-it-industry-the-real-picture-for-foreign-investors\/#Talent_and_education_in_Belarus\" >Talent and education in Belarus<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/opencompanyinbelarus.com\/eng\/news\/belarus-it-industry-the-real-picture-for-foreign-investors\/#Business_infrastructure\" >Business infrastructure<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/opencompanyinbelarus.com\/eng\/news\/belarus-it-industry-the-real-picture-for-foreign-investors\/#Legal_infrastructure_what_sets_Belarus_apart\" >Legal infrastructure: what sets Belarus apart<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/opencompanyinbelarus.com\/eng\/news\/belarus-it-industry-the-real-picture-for-foreign-investors\/#Who_Belarus_makes_sense_for_in_2026\" >Who Belarus makes sense for in 2026<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/opencompanyinbelarus.com\/eng\/news\/belarus-it-industry-the-real-picture-for-foreign-investors\/#Frequently_asked_questions\" >Frequently asked questions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/opencompanyinbelarus.com\/eng\/news\/belarus-it-industry-the-real-picture-for-foreign-investors\/#Conclusion\" >Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n\n<p>Belarus has been through a difficult period for its IT sector. After 2022, some companies relocated and some specialists left. This is worth stating openly \u2014 it&#8217;s a real factor to weigh when making a decision. But the picture isn&#8217;t one-dimensional, and for specific business situations Belarus remains a strong choice. Here&#8217;s what&#8217;s actually happening.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"The_numbers_where_the_sector_stands_now\"><\/span><strong>The numbers: where the sector stands now<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>In 2025, exports from HTP residents grew by 12% \u2014 official figures announced at the Supervisory Board session in February 2026. The IT sector accounts for 6.1% of GDP based on Q1 2025 data. More than 1,000 companies are registered in the HTP, over 40% of which have foreign capital.<\/p>\n\n\n\n<p>For context: at the 2021 peak, IT&#8217;s share of GDP was around 5.5\u20136% and exports reached $3.2 billion. After 2022 those figures declined, but by 2025 the sector is showing recovery \u2014 partly through reorientation toward new markets and growth in domestic demand.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Talent_and_education_in_Belarus\"><\/span><strong>Talent and education<\/strong> in Belarus<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Belarus has historically been strong in technical education \u2014 a legacy of the Soviet engineering tradition. The Belarusian State University of Informatics and Radioelectronics (BSUIR) produces thousands of IT graduates annually. The average rate for a Belarusian developer is $25\u201335 per hour \u2014 below Poland and the Baltic states, but above Russia.<\/p>\n\n\n\n<p>Some specialists left after 2022 \u2014 that&#8217;s a fact. But a significant number stayed, and the IT labour market continues to function. Companies that already have a team in Belarus or are considering hiring local developers find qualified specialists at competitive rates.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Business_infrastructure\"><\/span><strong>Business infrastructure<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Minsk is the country&#8217;s business centre. Office infrastructure is well developed and high-speed internet access is not an issue. Belarusian banks \u2014 Priorbank, Belgazprombank, MTBank, Bank BelVEB \u2014 offer multicurrency accounts, English-language internet banking and generally work comfortably with foreign companies.<\/p>\n\n\n\n<p>The HTP legal regime applies across the entire country \u2014 a company can be located anywhere in Belarus and still access all resident benefits.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Legal_infrastructure_what_sets_Belarus_apart\"><\/span><strong>Legal infrastructure: what sets Belarus apart<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Decree No. 8 &#8220;On the Development of the Digital Economy&#8221;, signed in 2017 and extended until 2049, created a unique legal environment for IT companies:<\/p>\n\n\n\n<p>\u2014 Elements of English law in commercial contracts: options, convertible loans, shareholder agreements \u2014 Legalised crypto activity: mining, token exchange, ICO \u2014 Simplified foreign trade operations without strict completion deadlines \u2014 Visa-free entry for foreign employees and founders of HTP resident companies for up to 180 days \u2014 Hiring of foreign specialists without a work permit<\/p>\n\n\n\n<p>This isn&#8217;t just tax benefits \u2014 it&#8217;s a complete legal environment for international IT business that is difficult to find in the region in such a comprehensive form.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Who_Belarus_makes_sense_for_in_2026\"><\/span><strong>Who Belarus makes sense for in 2026<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>It would be dishonest to say Belarus works for everyone. The geopolitical context is a real factor that influences decisions for international companies. Some Western clients and partners avoid working with Belarusian legal entities.<\/p>\n\n\n\n<p><strong><em>That said, there are clear scenarios where registering in Belarus continues to make concrete sense:<\/em><\/strong><\/p>\n\n\n\n<p><strong>The team is already in Belarus.<\/strong>&nbsp;If developers are in the country, HTP registration gives 0% corporate income tax, reduced personal income tax for employees and simplified hiring of foreign specialists \u2014 without needing to relocate anyone.<\/p>\n\n\n\n<p><strong>R&amp;D centre or outsourcing model.<\/strong>&nbsp;Belarus remains attractive for companies looking for qualified developers at competitive rates and prepared to operate within the HTP framework.<\/p>\n\n\n\n<p><strong>Crypto business.<\/strong>&nbsp;Belarus is one of the few jurisdictions where crypto activity is comprehensively legalised and fully tax-exempt. For companies in this segment, this is a meaningful advantage.<\/p>\n\n\n\n<p><strong>Orientation toward CIS and Asian markets.<\/strong>&nbsp;Companies working with Russian, Kazakhstani or Chinese markets face fewer restrictions related to geopolitics.<\/p>\n\n\n\n<p><em>From our practice: an IT company from Singapore with a development team in Minsk came to us with a core question \u2014 whether to keep the Belarusian legal entity or restructure elsewhere. After analysing the client base and cost structure, it became clear: 80% of costs were the Belarusian team&#8217;s payroll, and clients were primarily the Asian market. Keeping the HTP registration maintained 0% corporate tax and simplified hiring conditions without any team relocation.<\/em><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Frequently_asked_questions\"><\/span><strong>Frequently asked questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><em><strong>Do Belarusian companies work with European clients?<\/strong><\/em>&nbsp;Some Western companies have limited cooperation with Belarusian legal entities \u2014 this is a reality. Each situation is individual and depends on the specific client and jurisdiction. This is why it&#8217;s important to assess the actual client base before deciding on structure.<\/p>\n\n\n\n<p><em><strong>How stable is the HTP regime?<\/strong><\/em>&nbsp;Decree No. 8 locked in the regime until 2049 at the level of a presidential decree. Throughout the HTP&#8217;s existence, core tax benefits have been maintained even through difficult periods.<\/p>\n\n\n\n<p><em><strong>Can a Belarusian company be managed remotely?<\/strong><\/em>&nbsp;Yes. Registration is handled through a representative under a power of attorney, and management works through an electronic digital signature. More details:&nbsp;<a href=\"https:\/\/opencompanyinbelarus.com\/eng\/news\/kak-otkryt-kompaniyu-v-belarusi-inostranczu-poshagovyj-gajd-2026\">how to open a company in Belarus as a foreigner<\/a>.<\/p>\n\n\n\n<p><em><strong>How do I open an IT company in the HTP?<\/strong><\/em>&nbsp;First, register a legal entity, then submit an application with a business plan to the HTP Administration. The full process is covered in our guide to&nbsp;<a href=\"https:\/\/opencompanyinbelarus.com\/eng\/pages\/it-company-registration-in-belarus\">IT company registration in Belarus<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The Belarusian IT industry has gone through serious transformation since 2022. Some companies left, others adapted. In 2025, HTP exports grew by 12% \u2014 the sector is recovering, though in different conditions.<\/p>\n\n\n\n<p>Belarus makes sense for companies with a team in the country, for crypto businesses, for R&amp;D centres, and for those oriented toward CIS and Asian markets. For companies whose primary market is Western Europe and the US, the geopolitical factor deserves separate consideration.<\/p>\n\n\n\n<p>If you want to work out whether a Belarusian structure fits your situation \u2014 write to us or get in touch directly:<\/p>\n\n\n\n<p>\ud83d\udce7&nbsp;<a href=\"mailto:info@opencompanyinbelarus.com\">info@opencompanyinbelarus.com<\/a>&nbsp;\ud83d\udcde +375 29 142 27 19<\/p>\n\n\n\n<p>We respond within 2 hours on business days.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Belarus has been through a difficult period for its IT sector. After 2022, some companies relocated and some specialists left. This is worth stating openly \u2014 it&#8217;s a real factor to weigh when making a decision. But the picture isn&#8217;t one-dimensional, and for specific business situations Belarus remains a strong choice. Here&#8217;s what&#8217;s actually happening. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4177,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[31],"tags":[],"class_list":["post-4169","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Belarus IT Industry in 2026: The Real Picture for Foreign Investors<\/title>\n<meta name=\"description\" content=\"The state of Belarus IT sector in 2026: HTP statistics, talent pool, infrastructure and who registering in Belarus still makes sense for. 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