Belarus imposes VAT and profit tax on HTP resident mining in 2025

MyFin reveals that from 2025 onward, High-Tech Park residents in Belarus must pay VAT and corporate profit taxes on mining revenue. This legislative update moves the country’s crypto sector closer to mainstream financial norms, aligning legalized mining operations with standard taxation protocols.

Observers view the measure as a way to bolster state revenues and support fair competition. Mining firms under HTP jurisdiction must accurately report earnings derived from token-related activities. Officials believe that unified tax guidelines will improve market transparency and enable better oversight of monetary flows.

Some industry players worry that the added tax obligations could complicate profitability, especially for smaller operations. Yet proponents argue that these rules will remove illicit practices and enhance trust in Belarusian crypto, making the environment more appealing to both domestic entrepreneurs and foreign investors.