Decree No.8 «On the development of the digital economy» comes into force

29.03.2018

Foreign workers of the Hi-Tech Park are granted a visa-free entrance and stay until 2049. Today, Decree No.8 «On the development of the digital economy» comes into force. The document means another 30 years of tax benefits, the regulation for the blockchain technology and cryptocurrency, as well as some new activities. Today, new professions are emerging – specialists who make unmanned vehicles and create artificial intelligence. In addition, the Decree allows IT companies to provide financial assistance to talented students and lecturers. The decree approximates Belarus’ legislation to the norms of English law. It is planned that innovations will affect other spheres of the economy as well.

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