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 […]
A loan might be a valuable instrument if you require immediate access to money. One of the main aspects when taking out a loan is the interest rate. This article provides information about loan interest that individuals should know to manage money and prevent unexpected costs in Belarus. What is the loan interest? Interest for […]
Tax audit is an integral part of doing business and requires special training. This article contains important nuances that you need to pay attention to and tips that will greatly facilitate this procedure in Belarus. Who can conduct a tax audit, and for what period Compliance with tax legislation can be inspected not only by […]
Failure to contribute a share to the company’s authorised capital in Belarus has consequences for the owner who did not contribute and the company as a whole. This article explains what awaits the company and the founder if he does not contribute his share to the authorised capital within the prescribed period and what the […]
After the company’s owners decide to liquidate, the process is controlled by the state and regulated by the relevant legislation. In our article, attorneys talk about the main features of the liquidation of companies in Belarus, the rules and requirements that must be followed during this procedure. In the case of liquidation of the company, […]
Any company processing personal data of citizens of the European Union (EU) should be guided by the complexities of the General Data Protection Regulation (GDPR) in the IT space in Belarus. Maintaining legal and ethical standards in the field of data management requires understanding and compliance with the GDPR principles to avoid fines and comply […]
Companies using advertising games to promote their brands can obtain permission to host such games after registering the rules for such games with the Ministry of Antimonopoly Regulation and Trade (MART). After receiving the certificate of state registration of the advertising game from MART, the company is obliged to comply with the established rules of […]
The IT industry continues to develop dynamically and attract more and more specialists. However, in addition to technical skills, it is crucial to consider a profession’s financial aspects. One of them is the payment of a tax on professional income when IT services are not provided within the framework of work duties. Our specialists can […]
Usually, to certify documents or receive other notaries’ services, you must come to the notary’s office. However, in Belarus, it is already possible to obtain some information remotely that is not a notarial secret. Also, several amendments have been adopted to allow interaction with notaries without personal presence in the notary’s office. Such amendments will […]
In the modern world, doing business online is becoming an increasingly popular and in-demand way of working. Companies, realizing the advantages of digitalization and automation of processes, are increasingly introducing electronic document management. It allows to significantly speed up the exchange of information, reduce time and financial costs, as well as increase the level of […]
