Exchange Fee Rates

for Timber Products

According to the legal acts regulating exchange trade, participants of exchange auctions (both a buyer and a seller) are to pay a certain amount for arrangement and conduction of exchange auctions that is called «Exchange Fee» and calculated as a percentage of the amount of the exchange transaction concluded.

Exchange fee is charged only upon the conclusion of the exchange transaction, and to both parties of the transaction. Payment of the exchange fee is the responsibility of each participant of exchange auctions.

Exchange fee rate (its percentage) is determined by the exchange. The amount of the exchange fee for each exchange transaction is calculated on the basis of the approved rates and excluding VAT, therefore its further accounting is required.

The Register of Transactions of the Participant of Exchange Auctions that is the primary accounting document of the exchange, confirming the provision of services on arrangement and conduction of exchange auctions by the exchange, constitutes grounds for payment of the exchange fee.

Term of the exchange fee payment accounts for not later than 30 calendar days from the date of the exchange transaction conclusion (unless otherwise provided by the exchange).

Residents of the Republic of Belarus are to pay the exchange fee in Belarusian rubles . Non-residents of the Republic of Belarus are to pay the exchange fee in the currency of exchange transaction.

EXCHANGE FEE RATES (еxcluding VAT)

The Participant of Exchange Auction

Exchange Fee Rate

Non-resident BUYER of Timber
for export from Belarus

0,5% of the amount of the concluded exchange transaction
(in any case except if using the exchange logistics)

0,35% of the amount of the concluded exchange transaction
in case of using the mechanism of exchange logistics