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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 […]

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 […]

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 […]

Failure to contribute a share to the company’s authorised capital in Belarus has consequences for the owner who did not contribute and the company as a whole. This article explains what awaits the company and the founder if he does not contribute his share to the authorised capital within the prescribed period and what the […]

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, […]

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 […]

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 […]

The IT industry continues to develop dynamically and attract more and more specialists. However, in addition to technical skills, it is crucial to consider a profession’s financial aspects. One of them is the payment of a tax on professional income when IT services are not provided within the framework of work duties. Our specialists can […]

Usually, to certify documents or receive other notaries’ services, you must come to the notary’s office. However, in Belarus, it is already possible to obtain some information remotely that is not a notarial secret. Also, several amendments have been adopted to allow interaction with notaries without personal presence in the notary’s office. Such amendments will […]

In the modern world, doing business online is becoming an increasingly popular and in-demand way of working. Companies, realizing the advantages of digitalization and automation of processes, are increasingly introducing electronic document management. It allows to significantly speed up the exchange of information, reduce time and financial costs, as well as increase the level of […]

Remote work in Belarus has become an increasingly popular and in-demand way of organizing work. Thanks to the use of modern technologies and communication tools, employees can effectively perform their duties without leaving home or being in a remote area from the employer. This article will discuss innovations in the organization of remote work that […]

Many companies hold various events to promote their brands. One of these events is an advertising game. Such an event requires a budget and compliance with certain rules that are established in Belarus. You can understand the rules in consultation with an experienced lawyer. Why advertising games are a good promotion tool Conducting advertising games […]