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Payment of Dividends to the Owners in Non-monetary Form

Dividends are one way to reward a company’s owners for their participation in its activities and investments. They are usually paid in cash, but there is also a non-monetary option. This article looks at forms of non-monetary dividend payment to the company’s owners and advantages and risks associated with such an approach to rewarding investors. […]

Alexey Morozov
By Alexey Morozov
06.06.2024
End User License Agreement

The end-user License Agreement defines the rights and obligations of the developer company and the end user. The license agreement plays a vital role in ensuring security for both the developer and users in Belarus. This article examines why an end-user license agreement is needed, what benefits it brings to both parties and what conditions […]

Alexey Morozov
By Alexey Morozov
29.05.2024
New Business Requirements

Since October 1, 2024, individual entrepreneurs’ requirements and activities have changed in Belarus. These innovations affect many aspects of business – from the possibility of registering individual entrepreneurs to compulsory social insurance. This article will look at the main changes and difficulties that have affected the business community in Belarus. Who are small business entities? […]

Alexey Morozov
By Alexey Morozov
21.05.2024
What you Need to Know about Consumer Lending

Before taking out a loan, it is essential to consider several vital aspects to avoid future financial problems in Belarus. This article will look at the main points you need to know about consumer lending to make the right choice and use credit for your financial purposes. What is a consumer loan? Consumer credit is […]

Alexey Morozov
By Alexey Morozov
05.05.2024
Suspension of tax agreements with unfriendly countries. What to expect?

Signing double taxation agreements with other countries develop economic relations. However, Belarus’ decision to suspend agreements with unfriendly countries is causing serious discussions and unrest. The article explores the nuances, tips and consequences of such a decision. Which countries are considered unfriendly In April 2022, the Belarusian government determined which foreign countries committed unfriendly actions […]

Alexey Morozov
By Alexey Morozov
25.04.2024
What Individuals Need to Know about Loan Interest

A loan might be a valuable instrument if you require immediate access to money. One of the main aspects when taking out a loan is the interest rate. This article provides information about loan interest that individuals should know to manage money and prevent unexpected costs in Belarus. What is the loan interest? Interest for […]

Alexey Morozov
By Alexey Morozov
17.04.2024
How to Prepare for a Tax Audit

Tax audit is an integral part of doing business and requires special training. This article contains important nuances that you need to pay attention to and tips that will greatly facilitate this procedure in Belarus. Who can conduct a tax audit, and for what period Compliance with tax legislation can be inspected not only by […]

Alexey Morozov
By Alexey Morozov
08.04.2024
Peculiarities of Liquidation of Companies in Belarus

After the company’s owners decide to liquidate, the process is controlled by the state and regulated by the relevant legislation. In our article, attorneys talk about the main features of the liquidation of companies in Belarus, the rules and requirements that must be followed during this procedure. In the case of liquidation of the company, […]

Alexey Morozov
By Alexey Morozov
24.03.2024
What should a company that deals with the personal data of EU citizens pay attention to

Any company processing personal data of citizens of the European Union (EU) should be guided by the complexities of the General Data Protection Regulation (GDPR) in the IT space in Belarus. Maintaining legal and ethical standards in the field of data management requires understanding and compliance with the GDPR principles to avoid fines and comply […]

Alexey Morozov
By Alexey Morozov
12.03.2024
How to Conduct an Advertising Game in Belarus

Companies using advertising games to promote their brands can obtain permission to host such games after registering the rules for such games with the Ministry of Antimonopoly Regulation and Trade (MART). After receiving the certificate of state registration of the advertising game from MART, the company is obliged to comply with the established rules of […]

Alexey Morozov
By Alexey Morozov
28.02.2024