The issue of protecting confidential payment information is becoming particularly relevant in Belarus. One of the key aspects in this area is banking secrecy, which is a collection of information about customers and their financial transactions stored in banks and other financial institutions. In this article, we will consider the main aspects of banking secrecy […]

One of the regulatory requirements is the appointment of a person responsible for ensuring internal control over the processing of personal data. Such a person is called a Data Protection Officer – DPO. In this article, we will look at the Company’s responsibilities for appointing a DPO, the requirements for a DPO, its tasks and […]

One of the additional sources of financing for more successful operations in Belarus is to attract a loan from the owner (founder). The option has many advantages, however, it is necessary to understand how to organise this process, providing not only financial support but also improving financial situation while acting within the legal framework. What […]

In the context of switching to remote work, flexible employment, and returning to offices, Belarus offers real estate options for rent as the optimal way to meet companies’ production and office needs. However, renting an office can raise many questions. This article considers the main aspects of concluding a real estate lease agreement for companies […]

Dividends are one way to reward a company’s owners for their participation in its activities and investments. They are usually paid in cash, but there is also a non-monetary option. This article looks at forms of non-monetary dividend payment to the company’s owners and advantages and risks associated with such an approach to rewarding investors. […]

The end-user License Agreement defines the rights and obligations of the developer company and the end user. The license agreement plays a vital role in ensuring security for both the developer and users in Belarus. This article examines why an end-user license agreement is needed, what benefits it brings to both parties and what conditions […]

Since October 1, 2024, individual entrepreneurs’ requirements and activities have changed in Belarus. These innovations affect many aspects of business – from the possibility of registering individual entrepreneurs to compulsory social insurance. This article will look at the main changes and difficulties that have affected the business community in Belarus. Who are small business entities? […]

Before taking out a loan, it is essential to consider several vital aspects to avoid future financial problems in Belarus. This article will look at the main points you need to know about consumer lending to make the right choice and use credit for your financial purposes. What is a consumer loan? Consumer credit is […]

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 […]