Mandatory revaluation of fixed assets as of January 1, 2026

As of January 1, 2024, mandatory annual revaluation of buildings, structures, and transmission facilities has been introduced. The revaluation procedure is regulated by two main regulatory legal acts: Decree No. 622 and Instruction No. 162/131/37.

Property revaluation is carried out as of January 1 of the year following the reporting year, for the period from the date of the previous revaluation to December 31 of the reporting year, with the results reflected in the accounting records of organizations using the following revaluation methods: direct valuation, foreign currency value restatement, and the index method.

One of the indicators of effective business management is the choice of a revaluation method that makes it possible to adequately reflect the value of production and commercial real estate in order to optimize the tax burden, as well as to properly form costs by optimizing depreciation charges and, consequently, the company’s profit. Revaluation using the direct valuation method makes it possible to correct shortcomings arising from the application of the index method, while taking into account the interests of the asset holder to the maximum extent.

Specialists of the Minsk Branch of the Belarusian Chamber of Commerce and Industry provide independent valuation services for the purpose of revaluating fixed assets as of January 1, 2026, using the direct valuation method, for organizations of all forms of ownership. The Branch has extensive valuation capabilities, ensuring a full range of high-quality valuation services.

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