Creditor debt is part of the business operations of most companies. Deliveries, services, loans, rent—all these relationships involve obligations that ideally should be fulfilled on time. However, in practice, situations often arise when debts are not repaid on time, and the creditor does not take active measures to collect them. A natural question arises: ‘Can […]
Business does not always develop according to the initial plan. Founders may have different views on the company’s strategy, face financial difficulties, or simply wish to end their participation in the project. In such cases, the question arises of one or more participants withdrawing from the founders. At first glance, the procedure seems simple: it […]
Buying an existing business seems like a simple and quick way to start an entrepreneurial activity: the client base is already formed, there is staff, suppliers, contracts, and a reputation in the market. However, hidden pitfalls often lie behind the visible advantages — debts, legal disputes, unsettled labor relations, or legally unregistered assets. Mistakes during […]
Sometimes a business owner no longer needs a company: the project did not materialize, operations never started, or the need to maintain the organization simply disappeared. In such cases, the question arises—how to properly liquidate a limited liability company (LLC) that has not actually conducted business. Even without economic activity, an LLC still retains obligations: […]
Donating an enterprise is a rare but legally permissible transaction used when an owner wishes to transfer a business to another person free of charge. Unlike a sale or inheritance, donation is based on different motivations: it may stem from family circumstances, succession planning, or support for partners or other individuals. It is important to […]
A joint business is always associated with certain risks: at the start, partners may share the same vision and common goals, but over time their interests may diverge. Sometimes one of the participants ceases to fulfill their duties, blocks the company’s operations, or uses their position to the detriment of others. In such cases, the […]
Receiving an inheritance is traditionally perceived as the acquisition of property or money, but in practice it can result not only in benefits but also in significant responsibilities. Along with the inheritance, the heir receives not only the assets, but also the debts of the deceased, as well as certain obligations to maintain the property. […]
Divorce is a complex emotional and legal process that affects not only the personal relationship between spouses but also their property rights. One of the most sensitive issues is the division of an apartment, especially if it was purchased jointly, is under a mortgage, or there are outstanding debts to the bank. Mistakes in property […]
Real estate lease disputes are among the most common commercial disputes in Belarus. They involve both individuals and companies, covering issues from lease terms and contract termination to debt recovery. Even when a written lease agreement exists, disagreements often arise on issues such as: Case law shows that disputes often arise either from incomplete contract […]
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 […]
