Another 20 new IT companies will be exempted from profit tax and will pay only 10 percent of revenue tax.
Another 20 new IT companies will be exempted from profit tax and will pay only 10 percent of revenue tax. The Ministry of Communication, Transport and Information Technologies has given them a certificate of fiscal privilege. New IT companies, having up to 30 employees, can benefit from the privilege. The deadline of submitting applications is December 1. Since the beginning of the year, 136 start-ups have received such certificates.
