A director of a company with foreign participation in Belarus can be either a Belarusian citizen or a foreign citizen. There are no specific nationality requirements for directors. However, the director must have the necessary legal capacity and qualifications to fulfill the responsibilities of the position.

Key considerations for foreign directors:

• Work permit: Foreign directors may need to obtain a work permit if they plan to reside and work in Belarus on a regular basis.
• Language proficiency: While not always a strict requirement, proficiency in the Belarusian or Russian language can be advantageous for effective communication and interaction with local authorities and stakeholders.
• Legal representation: It’s recommended that foreign directors have a local legal representative to assist with administrative matters and ensure compliance with Belarusian laws.

Belarus has a progressive corporate tax system with several types of taxes applicable to legal entities. The main taxes include:

1. Corporate Income Tax: This is the primary tax levied on the profits of legal entities. The tax rate varies based on the company’s income level and specific tax benefits.
2. Value Added Tax (VAT): VAT is a consumption tax applied to the sale of goods and services within Belarus. Legal entities are generally required to register for VAT and collect the tax from their customers.
3. Property Tax: This tax is imposed on the ownership of real estate and other property assets. The tax rate varies based on the type and location of the property.
4. Land Tax: A tax levied on the ownership of land within Belarus. The tax rate is determined based on the land’s location and intended use.
5. Social Security Contributions: Legal entities are required to contribute to social security funds for their employees. These contributions are used to fund social programs such as pensions and healthcare.

Belarus offers several attractive benefits for foreign investors looking to establish businesses. It provides a relatively favorable tax environment compared to some other countries in the region. Corporate income tax rates are competitive, and there are opportunities for tax incentives and exemptions in certain sectors. Belarus has maintained a stable political and economic environment, which can provide a conducive atmosphere for foreign investment. The country also has a well-educated and skilled workforce, which can be a valuable asset for foreign businesses. The government offers various incentives and support programs to attract foreign investment, including tax breaks, customs exemptions, and access to industrial zones. The authorities have also implemented measures to streamline the business registration and permitting processes, making it easier for foreign investors to set up operations.

Yes, a foreign citizen can be a director of a legal entity in Belarus. There are no specific nationality requirements for directors. However, foreign directors may need to meet certain conditions, such as obtaining a work permit if they plan to reside and work in Belarus on a regular basis.

Yes, a foreigner can obtain a temporary residence permit in Belarus based on establishing a company or being a director of a legal entity. The specific requirements and procedures may vary, but generally, a foreign investor will need to demonstrate that they have a legitimate business interest in Belarus and that their presence is essential for the company’s operations. This often involves providing documentation such as registration documents for the company, proof of investment in the company, evidence of employment as a director or manager, and proof of accommodation in Belarus.