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Electronic Digital Signature in Belarus in 2024

Electronic digital signature (EDS) plays an important role in modern business in Belarus, as it ensures the security of electronic documents and information used in commercial transactions. It is important that companies and individual entrepreneurs who work in Belarus are familiar with the application and legislation governing the use of EDS in order to ensure […]

Alexey Morozov
By Alexey Morozov
31.01.2024
What to Pay Attention to in the Contract with the Bank

Careful reading of the contract with the bank for cash and settlement services is important, because it allows you to understand all the conditions and rules that will regulate your interaction with the bank. Misunderstanding or ignoring these conditions can cause problems and troubles in the future. The contract with the bank for settlement and […]

Alexey Morozov
By Alexey Morozov
28.01.2024
Features of Investing in Bonds in Belarus

Buying bonds is one of the ways to invest free money and generate returns. Bonds are securities that the issuer (government, company or bank) issues to raise funds for development. The investor purchases bonds and receives interest on them in the form of free cash or accumulated returns. Investing in bonds in Belarus can be […]

Alexey Morozov
By Alexey Morozov
24.01.2024
Vacations in Belarus in 2024

In 2024, the approach to the provision of labor and social leave by companies to employees has changed compared to the procedure that was in effect until January 1, 2024. You can figure out the specifics of calculating vacations in each specific case with the help of our HR specialists. Types of vacations in Belarus […]

Alexey Morozov
By Alexey Morozov
21.01.2024
Advertising Fee in Belarus

Companies and individual entrepreneurs who are registered in Belarus and advertise their services and goods, in some cases, pay an advertising fee to the state budget. To understand the intricacies of paying this fee, you may need the help of a tax lawyer. Who pays the advertising fee Some advertisers should calculate and transfer the […]

Alexey Morozov
By Alexey Morozov
18.01.2024
Who Needs to Register in the Register of Personal Data Operators

No later than January 15, 2024, personal data operators need to transfer information to the Register of Personal Data Operators. And when the information resource (system) is created after January 1, 2024, the information for inclusion in the Register of Operators must be transferred within 10 days after the start of operation of the information […]

Alexey Morozov
By Alexey Morozov
14.01.2024
Crypto Brokers in Belarus

Crypto brokers are starting their development in Belarus due to the increasing interest in cryptocurrencies. They offer a wide range of services for investing in cryptocurrencies and developing investment strategies using tokens. The specifics of the work of crypto brokers and their provision of services need to be understood in order to successfully invest in […]

Alexey Morozov
By Alexey Morozov
11.01.2024
International Abduction of Children who are Citizens of Other States

The problem of international child abduction may arise not only among citizens who live in Belarus. Children of foreign citizens can be taken out and held in Belarus. This happens when one of the parents, usually a citizen of Belarus, illegally takes the child to Belarus from the state of residence without the consent of […]

Alexey Morozov
By Alexey Morozov
07.01.2024
International Child Abduction in Belarus

In Belarus, as in many other countries, there is a problem of international child abduction. This happens when one of the parents, sometimes both, illegally take the child outside the country without the consent of the other parent or judicial permission. This can happen after the divorce of the spouses and sometimes in marriage. Parents […]

Alexey Morozov
By Alexey Morozov
24.12.2023
The End of the Year is the Time for Inventory

The annual inventory of assets and liabilities is an annual mandatory event in every company. During the inventory, the accountant of the company, including the one that applies the simplified taxation system (USN), compares the amounts of accounts receivable and accounts payable before preparing annual reports. Also, during the inventory, it is possible to identify […]

Alexey Morozov
By Alexey Morozov
12.12.2023
Declaration by Individuals of Income Received in Belarus in 2023

Usually, the income tax for individuals is paid by the employer for whom the individual works. There are cases when individuals have to declare their income and pay the tax themselves. This applies to both Belarusian and foreign citizens. Learn from the article when an individual needs to do this and how. Income that needs […]

Alexey Morozov
By Alexey Morozov
06.12.2023