PwC Belarus shares a short recap of the recent news and changes in pharmaceuticals industry that may be relevant for your business.
PwC Belarus team prepared a short overview of the key recent changes in the currency legislation in Belarus. New rules entered into force on 1 March 2019. More information you can find below.
The Belarusian transfer pricing rules were significantly revised and improved as part of the comprehensive adjustment of the Tax Code of the Republic of Belarus, which took place during 2018 year. The updated rules bring the Belarusian tax legislation closer to the approaches adopted by the OECD. The overview of the key provisions of the updated Belarusian transfer pricing rules that entered into force on 1 January 2019 is presented below.
The new Tax Code is in effect from 1 January 2019 which means a new step in simplifying tax administration and reporting in Belarus. PwC Belarus team is glad to share with you a tailored update covering the main changes brought by the Tax Code.
Following the overview of the new requirements to price setting on pharmaceuticals for treatment of oncological and cardiovascular diseases PwC Belarus team prepared a short commentary on the planned procedures for calculation of maximum ex-works prices that were recently approved by the Ministry of Antimonopoly Regulation and Trade of the Republic of Belarus (hereinafter – MART), as well as on the order of registering maximum ex-works prices of manufacturers established by the Resolution of the Council of Ministers of the Republic of Belarus dated 31 October 2018 No. 776 “On Registering Maximum Exworks Prices of Manufacturers for Pharmaceuticals”.
PwC Belarus team has prepared a short overview of the new requirements to price setting on pharmaceuticals for treatment of oncological and cardiovascular diseases. The new requirements are established by the Edict of the President of the Republic of Belarus dated 22.08.2018 No. 345 “On Registering Prices for Pharmaceuticals” (hereinafter – Edict). The main provisions of the Edict entered into force on 26.08.2018.
PwC Belarus has prepared a short overview of the new edition of the Regulations on the Procedure of Opening and Operation of Representative Offices of Foreign Organisations in the Republic of Belarus, approved by the Resolution of the Council of Ministers of the Republic of Belarus dated 30.05.2018 No. 408 (hereinafter – Regulations). Changes are coming into effect on September 3, 2018.
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