The main goal of these documents is to create such conditions that its global IT companies will open their representative office development center to arrive in Belarus. The initial coin has been legalized for this smart contract and barrier development, and it has been officially accepted by legally Bitcoin with the approval of its President Alexander Lukashenko by the Belarusian government. They make popular products in the world.
Tax-Free: ICO Legalized, Blockchain Industry
Digital tokens will be tax-free in the next 5 years by 2023. According to Vsevoaold Yanchevsky, Director of Hi-tech Park of Belarus, there are activities related to mining, creation and acquisition. It will not pay the sale of mining business and digital tokens of Cryptocurrencies unlike many major Bitcoin markets of the Belarusian government of South Korea.
Source - https://www.ccn.com/belarus-acknowledges-bitcoin-legal-currency-legalizes-icos/