Ministry of Culture development in accordance with the approved by the President the Concept of the Cinematography Development of the Republic of Belarus for 2009-2014 Draft Law "On Amendments and Supplements to the Law of the Republic of  Belarus "On Cinematography in the Republic of Belarus".
The main objective of the Draft Law : to promote development in the Republic of Belarus of filmmaking, including by attracting private capital into the sector.
Objectives of the Law : Increase the interest of filmmakers (producers) in the commercial success of films madewith state finsncial support, establishment of economic incentives to attract private investment in film production,development of the institute of filmmakers.
In order to promote the interest of filmmakers (producers) in promoting and selling movies there is a restriction set by a project on funding the cost of film production in the social and creative order from the national budget to 70 percent (except for documentaries,children's,animation and debut film financing is provided up to 100 percent).
This Draft Law provides a number of economic incentives for private investment in film production. In particular, there is an opportunity for the organizations of cinematographyto receive the preferential credit for the production of films on social and creative order,as well as reimbursement from the budget of the producer's risk of filmmakers of big-successful film, if it was watched by more than 80 thousand within three years after the start of rental.
In the development of these rules of the draft Law the Ministry of Culture developed a draft decree "On some measures to stimulate the development of cinematography", which provides the order of the reimbursement of producers'risk, the procedure for granting preferential loans for film production, as well as the principles of public financial support for cinematography.
The Head of  the State supported the production will be exempt from income tax for work on the production and distribution of films, as well as from property tax and land tax,if it is their main activity. Also, in order to achieve the goals the Head of State developed a draft Resolution of the Council of Ministers ''On approval of an open national competition for film production,produced by social and creative order'', which stipulate an open Republican competition for the production of national films and films produced by the creative and social orders.
The draft resolution sets out requirements for bidders,the list submitted for the contes and document layout,operational procedures of the competition committee and its meetings, as well as making decisions on the results of tenders of contracts for production of feature films, documentaries and educational films, cartoons, movies with the use of visual-digital technologies.
In general, the above regulations will provide a new approach to filmmaking in the Republic of Belarus, which will be based on a competitive basis of budget allocation  and development of the private film production.