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What is a Trade Secret

A trade secret is an integral part of any business, and it plays an important role in ensuring competitiveness and maintaining the enterprise’s uniqueness. In a dynamic market, where information about the latest technologies, developments, business processes, and clients can be of decisive importance, the protection of trade secrets becomes necessary.  What a trade secret […]

Alexey Morozov
By Alexey Morozov
05.09.2024
Obtaining the Status of a Hi-Tech Park Resident

In today’s high-tech world, where innovations and startups are becoming engines of economic growth, the Hi-Tech Park (HTP) in Belarus stands out as a unique opportunity. It offers companies not just opportunities, but a platform for successful operation and scaling. Obtaining Hi-Tech Park resident status opens access to tax benefits and specialized infrastructure, creating a […]

Alexey Morozov
By Alexey Morozov
29.08.2024
Who is an Attorney, and How Does He Differ From a Lawyer

Lawyer and attorney are two terms often used in the legal field, but they are not synonymous. People frequently confuse these professions without realizing their fundamental differences and unique roles in the legal system. An attorney is a specialist with the right to defend clients’ interests in court, unique qualifications, and a license. While a […]

Alexey Morozov
By Alexey Morozov
22.08.2024
Various Types of Legal Entities in Belarus

The country’s economic structure includes various types of legal entities. The variety of forms in which legal entities can operate allows them to effectively carry out their functions, adapt to market requirements, and meet citizens’ needs. In this article, we will look at the types of legal entities in Belarus and their characteristic features. Understanding […]

Alexey Morozov
By Alexey Morozov
15.08.2024
Registration of a Representative Office of a Foreign Company

Belarus has become an increasingly attractive region for foreign investors in recent years. The opening of representative offices of companies from different parts of the world testifies to the growing confidence in the local market and the integration of Belarus into the international economy. This creates new jobs and facilitates the exchange of knowledge and […]

Alexey Morozov
By Alexey Morozov
06.08.2024
Internal Control over the Processing of Personal Data

In the digital age, personal data protection is becoming one of the main tasks for companies that deal with many individuals and the personal data of job candidates and employees. Internal control over the processing of personal data refers to the critical functions of the Personal Data Protection Officer (DPO). In this article, we will […]

Alexey Morozov
By Alexey Morozov
01.08.2024
When Can a Company Pay Dividends

In the business world, dividends are critical to attracting and retaining investors. They are evidence of the company’s financial health and ability to generate profits. However, dividend payment is not automatic and depends on many factors. This article is devoted to the conditions and circumstances under which a company may decide to pay dividends to […]

Alexey Morozov
By Alexey Morozov
25.07.2024
Consent to the Processing of Personal Data

Nowadays, secrecy and protection of personal information have become one of the key aspects of doing business. Taking into account strict legal requirements and regulations on the processing of personal data, companies need to be highly responsible and attentive to this issue. In this article, we will look at the importance of consent in processing […]

Alexey Morozov
By Alexey Morozov
18.07.2024
Electronic Money in Belarus

Electronic money is becoming an increasingly popular and convenient payment method worldwide. This technology is also actively developing in Belarus, offering new opportunities for financial transactions. In our article, we will look at the current status of electronic money in Belarus, its main advantages and opportunities, and safety rules for using it. Electronic money – […]

Alexey Morozov
By Alexey Morozov
11.07.2024
Bank Secrecy in Belarus

The issue of protecting confidential payment information is becoming particularly relevant in Belarus. One of the key aspects in this area is banking secrecy, which is a collection of information about customers and their financial transactions stored in banks and other financial institutions. In this article, we will consider the main aspects of banking secrecy […]

Alexey Morozov
By Alexey Morozov
04.07.2024
The Purpose of the DPO: What to Pay Attention to

One of the regulatory requirements is the appointment of a person responsible for ensuring internal control over the processing of personal data. Such a person is called a Data Protection Officer – DPO. In this article, we will look at the Company’s responsibilities for appointing a DPO, the requirements for a DPO, its tasks and […]

Alexey Morozov
By Alexey Morozov
27.06.2024