Personal Income Tax

• from 01.01.2008 - 10 % tax rate

Profit Tax

• from 01.01.2008 - 10% tax rate

Value Added Tax

VAT is calculated by applying proportional tax rates on the tax base for the taxable turnover of goods, services and import:

• by the general tax rate of 18% and
• by the privileged tax rate of 5%.

The privileged tax rate of 5% for VAT is applied on the turnover and the import of:

• Products for human nutrition and publications
• Seeds and planted material for production of the agriculture plants
• Fertilizers
• Resources for plants protection
• Plastic foils for agricultural usage
• Agriculture mechanization
• Medicaments and medical aids
• Machines for automatic data processing and their units (computers)
• Thermal solar systems and components