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Company Registration Procedure

Company Registration Procedure

Registering a company is the first and one of the most important stages of launching a business in Belarus. The speed of starting operations, access to banking services, the ability to attract partners and investors, as well as the future legal safety of the owners all depend on proper preparation of documents, choosing the correct legal form, and complying with procedural requirements. For both foreign and local entrepreneurs, this process may include additional nuances—from requirements for corporate documents to the need to properly structure relationships between founders and define the management system.

Although the formal steps for establishing a legal entity in Belarus appear structured, in practice entrepreneurs often face a number of questions: which documents are required in a specific situation, how to account for the specifics of future activities, which decisions should be fixed in the charter, and how to avoid mistakes that may result in refusal of registration or future legal risks. Proper legal support allows a company to be prepared in advance, minimize delays, and ensure transparent and reliable legal foundations for doing business.

In this article, we will examine in detail the company registration procedure, key stages, requirements, and practical recommendations that help entrepreneurs confidently complete the process and avoid common mistakes.

Preparatory Stage

The preparatory stage is a key part of the company registration process, as it establishes the legal and managerial foundations of the future business. Mistakes made at this stage can lead to registration delays, conflicts among founders, or complications in future operations.

Analysis of Future Activities and Choosing the Appropriate Legal Form

The first step is to determine what the company will do, which operations it will perform, what risks may exist, and what the interaction structure between participants will look like. Based on this information, a legal form is chosen.

The most common legal forms in Belarus:

  • Limited Liability Company (LLC) — suitable for small and medium-sized businesses, flexible management structure, minimal capital requirements.
  • Private Unitary Enterprise (PUE) — used when the business is created by a single owner.
  • Joint Stock Company (JSC) — relevant for large projects and companies planning to attract investment.

The choice of legal form affects management rules, distribution of liability, tax regimes, and reporting requirements.

Determination of Founders and Management System

The next step is to determine who the founders will be and what powers each of them will have. At this stage it is important to:

  • agree on the proportions of participation in the charter capital
  • decide how key corporate decisions will be made
  • determine the composition of executive bodies and the procedure for their appointment
  • agree on a mechanism for resolving disputes between participants

For foreign founders, additional requirements include legalization of documents and representation through authorized persons.

Determining the Charter Capital and Allocation of Shares

The charter capital is the financial foundation of the company, formed by the founders. Its size depends on the legal form and the specifics of the activity. For LLCs, the law does not set a minimum amount, providing flexibility to entrepreneurs.

At this stage it is important to:

  • determine the amount of capital and the procedure for contributions
  • allocate shares among founders and formalize them in the decision to establish the company
  • define procedures for changing shares and making additional contributions

Proper documentation prevents future disputes and ensures transparency of corporate relations.

Preparing Founders’ Resolutions

The final step of the preparatory stage is preparing legally significant resolutions of the founders:

  • decision to establish the company
  • approval of the charter
  • appointment of the director
  • approval of the size and structure of the charter capital
  • determination of the legal address

These documents form the basis for submission to the registration authority. Their content must be accurate, compliant with the law, and reflect the agreements between the founders.

Forming the Document Package

After defining the key parameters of the company during the preparatory stage, you must prepare a correct set of documents for submission to the registration authority. This stage requires attention, as even minor errors or inconsistencies may result in registration refusal or the need for re-submission.

Charter and Foundation Agreement: Mandatory Provisions and Common Mistakes

The charter is the company’s main document. It must include:

  • full and short company name
  • legal address
  • purposes and types of activities
  • procedures for forming and using the charter capital
  • structure and competence of management bodies
  • procedures for founders’ decision-making
  • rules for profit distribution and loss coverage
  • conditions for accession of new participants and exit of existing participants

Common mistakes include:

  • vague descriptions of management bodies’ powers
  • absence of rules for resolving corporate disputes
  • inconsistencies between the charter and the founders’ actual agreements
  • listing activities without considering future licensing requirements

If the company has more than one founder, a foundation agreement is also prepared to regulate the rights and obligations of the parties.

Documents Required From Legal Entities and Individuals

The list of documents depends on whether the founder is an individual or a legal entity.

Individuals must provide:

  • passport or identity document
  • resolution (minutes) on establishment of the company
  • application in the prescribed form
  • documents confirming the legal address

Legal entities must provide:

  • an extract from the commercial register of the country of origin (or similar document)
  • corporate documents of the legal entity
  • resolution on establishment of the subsidiary
  • power of attorney for the representative, if the documents are submitted through an authorized person

All documents must comply with legal requirements, be up-to-date, and prepared in the prescribed form.

Translation and Legalization Requirements for Foreign Founders

If the founders are foreign citizens or legal entities, their documents must undergo:

  • translation into Russian or Belarusian by a certified translator with notarization
  • consular legalization or apostille, depending on the country of origin

Typical issues involve improperly executed translations, missing notarization, or expired documents. Incorrect legalization is one of the most common causes of delays.

Additional Documents Depending on the Type of Activity

In certain cases, additional documents may be required, such as:

  • confirmation of the right to use the legal address
  • resolution on appointment of a chief accountant (if applicable)
  • documents related to obtaining licenses or permits
  • information about the ownership structure when required by regulations

Companies operating in regulated sectors (finance, security, telecom, etc.) face stricter requirements at the document-preparation stage, which should be considered in advance.

Submission of Documents for State Registration

After preparation and verification of all founding documents, the key stage follows—they are submitted to the registration authority or to a notary (in cases where registration is performed through notarization). The correctness of submission determines the speed of obtaining legal entity status and the absence of additional requests.

Where to Submit the Document Package

In Belarus, company registration is carried out:

  • At local executive and administrative authorities, if the company is an LLC, PUE, JSC, or some other legal form.
  • Through a notary, if registration is chosen via notarization, which simplifies the procedure and allows documents to be submitted without visiting the executive authority.
  • At the Administration of Free Economic Zones, if the company is being established in an FEZ.
  • At registration authorities at the location of the legal address.

The choice of authority depends on the legal form of the future company and the chosen submission procedure.

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Submission Methods: In Person, Through an Authorized Representative, or via Electronic Services

Currently, several methods of submitting documents are available:

  • In person by the founder or director — the classic submission method.
  • Through an authorized representative — used when founders cannot attend in person. A power of attorney is required for this method.
  • Through a notary electronically — the notary forms and submits the electronic document package directly to the registration authority, speeding up the process.
  • Via electronic services, if documents are created and signed using a qualified electronic signature — convenient for legal entities and experienced entrepreneurs.

The choice of method depends on the status of the founders, their location, and their willingness to use electronic tools.

Processing Time and Grounds for Refusal

The standard registration period for a legal entity in Belarus is one business day after submission of documents. If submitted through a notary, the timeframe remains the same.

Grounds for refusal may include:

  • incomplete document package
  • errors or inconsistencies in the charter or founding resolutions
  • missing legalization or incorrect translation of documents of foreign founders
  • incorrect information about the legal address
  • contradictions between submitted documents
  • submission of documents by an unauthorized person

Refusal does not prevent resubmission after corrections but may extend the business launch timeline.

What to Check Before Submission

To minimize the risk of refusal, ensure in advance that:

  • all documents are in the current version and contain the necessary signatures
  • the charter complies with legal requirements and agreements among founders
  • information about founders is accurate and consistent across all documents
  • powers of attorney are properly executed
  • foreign founders’ documents are legalized and translated
  • the legal address is confirmed and meets requirements

Preliminary legal verification of the document package helps avoid unnecessary delays and ensures smooth registration.

State Registration and Receiving the Certificate

The state registration stage completes the procedure of establishing a legal entity and confirms the legal capacity of the new company. After the registration authority accepts the documents, legally significant processes are initiated, establishing the official status of the business and enabling further organizational actions.

What Happens After Documents Are Accepted

Once the registration authority or notary accepts the documents, legal evaluation begins. At this stage:

  • completeness and accuracy of the submitted information are checked
  • the charter and resolutions are evaluated for compliance with state requirements
  • documents of foreign founders, including legalization and translations, are analyzed
  • confirmation of the legal address and right to use it is verified
  • the authority of the submitting person is checked

If the document package meets all requirements, the registration authority issues a decision to create the legal entity. This usually occurs within one business day.

Actions After Registration Completion

After entry in the state register, the company acquires legal entity status. Next steps:

  • issuance of the certificate of state registration
  • automatic submission of company information to the tax authorities, Social Protection Fund, and Belgosstrakh
  • inclusion of data in the Unified State Register (USR) of Legal Entities and Individual Entrepreneurs

At this stage, founders or their representatives receive:

  • the certificate of state registration
  • the company charter with a registration authority stamp (if submitted in paper form)
  • other documents formalized during the procedure

Completion of registration allows the company to proceed to the next stage: opening a bank account (if not opened during registration) and starting operations.

Steps After State Registration

After receiving the certificate of state registration and founding documents, the company officially acquires legal entity status. However, to start full-scale operations, several mandatory organizational steps must be completed. These steps depend on the business type, operational model, and legal requirements.

Opening a Bank Account

Opening a bank account is one of the first actions after registration. The bank typically requires:

  • certificate of state registration
  • charter
  • decision to establish the company
  • passport of the director and documents confirming their authority
  • information about beneficiaries
  • if necessary, documents on business reputation and verified sources of funds

Some banks also perform internal checks for compliance with anti-money laundering and counter-terrorism financing regulations. After opening the account, the company gains access to online banking and can conduct transactions.

Choosing a Taxation System Depending on Activities

The next important step is determining the tax regime. In Belarus, the choice depends on:

  • type of company activity
  • expected turnover
  • number of employees
  • planned expenses
  • presence of foreign counterparties

Main options:

  • General taxation regime — suitable for most companies; involves VAT and corporate income tax payments
  • Simplified system — for companies with limited turnover; suitable for small businesses; reduces administrative burden and simplifies reporting
  • Other special regimes, if the company qualifies (e.g., activities under special legal regimes or specific projects)

Choosing the correct tax system optimizes expenses and avoids unnecessary tax risks.

Obtaining Licenses and Permits, if Required

Certain activities can only begin after obtaining licenses, accreditations, or permits. These include:

  • educational activities
  • medical services
  • security services
  • transportation
  • retail sale of alcohol and tobacco
  • insurance services
  • legal services
  • telecommunications and communications

Obtaining a license typically requires:

  • application in prescribed form
  • confirmation of personnel qualifications
  • presence of premises and technical resources
  • compliance with safety requirements
  • payment of state fee

It is crucial to determine in advance whether the company engages in licensed activities, as operating without a license entails serious legal consequences.

Conclusion

Company registration is a multi-stage process requiring attention to detail, proper document preparation, and understanding of legal requirements. From choosing the legal form and tax system to obtaining licenses and opening a bank account, each step affects the company’s subsequent operations and market stability. Careful preparation helps avoid delays, refusals, and additional costs for correcting errors.

Our legal team is ready to assist you at all stages of company formation: from consulting on the optimal legal form and tax regime to preparing the full document package, interacting with the registration authority, opening a bank account, and obtaining necessary licenses. With our support, you can complete state registration quickly, correctly, and fully in line with legal requirements, allowing you to focus on business development without unnecessary risks.

Contact us

If you have any questions related to company registration in Belarus, we will be happy to help! Our long-term experience will help you choose a lawyer to represent your interests.

  • +37529142-27-19 (WhatsApp, Viber, Telegram);
  • info@ambylegal.by.
About the Author
Alexey Morozov
Alexey Morozov
Ceo and Cofounder
Alexey Morozov is a marketing expert specializing in legal services. In his work, he focuses on the key values of the company — professionalism, transparency and responsibility in resolving legal issues of clients both in Belarus and abroad.
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