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 […]
Registration of a private unitary enterprise is an important step for those who want to realize their business potential in a market economy. Private unitary enterprises allow entrepreneurs to organize their activities with minimal cost and maximum flexibility, which makes them an attractive choice for small and medium-sized businesses. How does the PUE registration process […]
The Hi-Tech Park (HTP) in Belarus has become an important centre of attraction for IT companies and startups, offering unique business conditions. One key aspect attracting more new residents is tax incentives and preferences that promote the development of innovative companies and attract investment. In this article, we will look at the tax obligations of […]
Novice and experienced entrepreneurs must decide between registering as an individual entrepreneur or as a legal entity. Each option has its pros and cons that can impact the business’s future development. Registering as an individual entrepreneur is simple and cost-effective in terms of accounting. However, forming a legal entity can provide more opportunities for growth […]
Dear friends, dear customers and partners! We wish you a Happy New Year 2025 and Merry Christmas! These special holidays are a time to make plans for the future and thank those who have been with us throughout this year. The year 2024 is ending, and it’s time to take stock, reflect on achievements, and […]
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 […]
Planning a trip abroad with a child requires special attention to legal aspects, especially regarding border crossing. The Republic of Belarus has strict rules and procedures governing the departure of minors from the country. Ignorance of these rules can lead to delays at the border or even trip cancellation. This article will look at the […]
Society sometimes confuses between “lawyer” and “attorney”. These specialists deal with law and its application, but their roles, functions and rights differ significantly. It is important to understand that being a lawyer is a broad concept that covers many law-related professions. In contrast, an attorney is a specific category of specialists with special rights and […]
The Supreme Court of the Republic of Belarus is a key element of the country’s judicial system and an important state body that ensures the rule of law and the protection of citizens’ rights. Its creation and functioning are crucial in maintaining law order and societal justice. The main task of the Supreme Court is […]
Doing business is always associated with financial risks, and one of the most common is the presence of debtors – clients who have not fulfilled their payment obligations. Debt collection can be a real test for a company, affecting its financial condition and long-term development strategies. This article will consider effective methods and strategies to […]
The International Arbitration Court at the Belarusian Chamber of Commerce and Industry (IAC at the BelCCI) is an important institution that ensures the resolution of disputes in the sphere of commercial activity in Belarus and with the participation of foreign entities. Created to protect the rights and legitimate interests of participants in economic turnover, it […]
Company liquidation is a process that various circumstances can cause: financial difficulties, a change in business strategy, the wish of the founders to end the company’s activities. In this article, you can find the main aspects of company liquidation, including legal procedures, stages of the process, and potential pitfalls that owners may face. A detailed […]
