According to a new draft law from the Minister of Economy

, Alexander Charvyakov

, they want to completely ban individual entrepreneurs from using the simplified taxation system and are going to raise the tax rate, which is currently 16%, to 20%, and from 2024 - to 25%.

At the same time, Lukashenko insists on reducing the sphere of activity of individual entrepreneurs.

He believes that they should register legal entities, and the status of IP should remain only with those who do not differ from a craftsman.

In addition, it is planned to reduce the list of types of activities for payment of the single tax and increase its rates by one and a half to three times.

Previously, the simplified tax rate for sole traders was raised to 6%.

Let's see how many private enterprises there are in Belarus and what they mean for the economy

3.1% of GDP is formed by private enterprises

271,738 individual entrepreneurs work in Belarus, according to Belstat data as of August 1 of this year.

The share of private sector in the GDP of Belarus last year was 3.1%.

In addition, 74,563 people were engaged by the private sector to work under labor and civil contracts last year.

775.5 million in the budget from the private sector

Last year, the budget of Belarus received 775.5 million rubles from the private sector, which is 147.6 million rubles more than in 2020.

Or plus 19% in one year.

During the year, private equity firms earned 14.8 billion rubles

Last year's revenue from the sale of goods and services was 14.8 billion rubles.

15% of private enterprises work in the sphere of production and 85% in the sphere of services.

The share of IP in retail trade — 7.2%

The share of PE in retail trade is 7.2%.

The share of IP in wholesale trade is 1%.

Also, 0.5% of industrial production is accounted for by IP.

PEs export 0.6% of goods from all exports in Belarus and import 0.9% of goods.

Most of the IPs are in Minsk

The largest number of individual entrepreneurs work in Minsk — 80,400.

The least amount of individual entrepreneurs was registered in the Vitebsk region - 23.8 thousand people.