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 […]
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 […]
A legal address is the official address where a legal entity is registered and which is used for interaction with government authorities, counterparties, and other interested parties. The legal address is specified in the charter when an organization is created (except for model charters). Important administrative and legal aspects depend on the legal address, including […]
In today’s business world, protecting confidential information and trade secrets is becoming increasingly important for companies and entrepreneurs. Non-Disclosure Agreements (NDAs) are widely used for this purpose. These agreements help safeguard businesses from the misuse of shared information and protect innovations, trade secrets, financial data, and other sensitive content. An NDA plays a critical role […]
Family is the foundation of society, and marriage is considered one of the most critical stages in a person’s life. However, family relationships do not continually develop as desired, and in some cases, divorce becomes the only way out of the current situation. Divorce is a legal procedure for terminating a marriage. It entails a […]
In recent years, the Republic of Belarus has demonstrated an active desire to integrate into the global digital space, paying special attention to developing blockchain and cryptocurrency technologies. However, given the potential risks of using cryptocurrencies for illegal purposes, the government is implementing strict regulatory measures. So, on September 17, 2024, Decree No. 367, “On […]
Deprivation of parental rights is a last resort the court applies to parents. It applies to parents who, for various reasons, are unable or unwilling to fulfil their responsibilities to their children. In Belarus, this procedure is regulated by the state. Deprivation of parental rights has serious consequences for both parents and children. The reasons […]
Affiliates play an important role in business and economic relations; they often significantly impact the management of companies and their financial results. The concept of affiliates covers many participants, including owners, shareholders, managers, and even close relatives. Knowing who the affiliates are and understanding their impact on decision-making within the company is essential to ensure […]
Creating and developing a business in Belarus requires a deep understanding of the legal framework governing entrepreneurial activity. An important aspect of business organization is the question of who can and cannot be the company’s founder. These rules are important for registering a company and ensuring honesty, transparency and stability in the market. In this […]
In modern business, choosing your company’s proper organizational and legal form is important. In modern conditions, limited liability companies (LLC) and open joint stock companies (JSC) are popular in Belarus. Each form has its advantages and features related to capital structure, management, registration and government reporting. While LLC companies provide their participants with flexibility in […]
One form of international cooperation is the registration of companies by foreign citizens on the territory of other states. In this article, we will look at the specifics of registering companies in the Republic of Belarus for foreign citizens, as well as the requirements and procedures that must be followed to launch a business successfully […]
In the modern world, information technology plays a vital role in the development of the economy. It allows you to create new products and services, increase production efficiency, and improve the quality of people’s lives. In this regard, special legal regimes are being made in many countries where resident companies developing and implementing information technologies […]
