Software development contracts are widely used in the IT industry. Such contracts are concluded both between companies and clients in Belarus and with foreign partners. They may involve the creation of unique software products, the improvement of existing solutions, as well as maintenance and technical support. However, the specifics of software development often become a […]
For foreign companies operating in Belarus or cooperating with Belarusian counterparties, opening a current account in a local bank becomes a necessary step. Key transactions are processed through the account: receipts from partners, payments to employees, settlements with government agencies and taxes. At the same time, the procedure for opening an account in Belarus for […]
Business structuring is a key tool for effective asset management, tax burden optimization, and protection of owners’ interests. Proper company organization allows for the distribution of functions between divisions, minimization of risks, and ensuring transparency of interaction with partners, investors, and regulatory authorities. In Belarus, entrepreneurs are increasingly considering how to build their businesses in […]
Divorce is always a challenging process, especially when spouses share a business. In Belarus, a company share or assets related to entrepreneurial activity are considered jointly acquired property if they were created or purchased during the marriage. This approach raises many questions: how to determine the actual value of the business, who has the right […]
Labor relations are among the most sensitive areas of law, as they directly affect the interests of both employees and employers. In Belarus, disputes related to employment contracts, wages, disciplinary actions, or dismissal are usually heard by courts of general jurisdiction. In many cases, the parties may avoid going to court and instead reach an […]
Inheritance matters always require special attention, and when it comes to the inheritance of foreign citizens in Belarus, the situation becomes even more complex. Here, the interests of heirs, national legislation, and international norms are closely intertwined. In practice, such cases raise a number of questions: can a foreign citizen inherit property in Belarus, what […]
Conducting foreign economic activities always involves certain risks, one of which is the non-fulfillment of obligations by Belarusian counterparties. Delayed payments, complete evasion of contractual settlements, or disputed claims regarding the quality of goods or services can result in debts that must be recovered either through judicial or pre-trial procedures. Foreign companies seeking to protect […]
In business practice, entering into foremost transactions is common. However, parties involved do not always pay sufficient attention to the approval procedure, relying instead on mutual trust, standard agreements, or internal arrangements. Yet, failure to comply with the established requirements for concluding and approving foremost transactions may lead to serious consequences, including the transaction being […]
Failure to fulfill payment obligations is one of the most common problems in both business and private relationships. Whether it concerns overdue debts between companies, unpaid services, loans, rent, or debts between individuals, the creditor faces the need to find ways to recover their funds. In Belarus, debt collection is not only a matter of […]
In today’s competitive market, it takes more than just a quality product or service to succeed; recognition and differentiation are equally essential. A trademark serves as a powerful tool to help companies establish their identity, stand out from competitors, and protect their brand from unauthorized use. A unique name, logo, or other identifier can become […]
As legal disputes become increasingly complex and courts grow more burdened, an alternative conflict resolution method, mediation, is being used more frequently. Mediation is a form of dispute resolution based on the voluntary participation of the parties and the assistance of a neutral intermediary, a mediator. The goal of mediation is not to determine who […]
Opening a nonprofit organization is an essential step for those who seek to implement social, cultural, educational, charitable, or other socially beneficial initiatives. These organizations are not created for profit-making purposes but rather to achieve goals that hold significance for society or specific groups within it. Founders may be either individuals or legal entities, and […]
