+375 29 142 27 19

News

Electronic Money in Belarus
Electronic Money in Belarus

Electronic money is becoming an increasingly popular and convenient payment method worldwide. This technology is also actively developing in Belarus, offering new opportunities for financial transactions. In our article, we will look at the current status of electronic money in Belarus, its main advantages and opportunities, and safety rules for using it. Electronic money – […]

By Ambylegal
11.07.2024
Bank Secrecy in Belarus
Bank Secrecy in Belarus

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 […]

By Ambylegal
04.07.2024
The Purpose of the DPO: What to Pay Attention to
The Purpose of the DPO: What to Pay Attention to

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 […]

By Ambylegal
27.06.2024
How can a Company Borrow Money from the Owner
How can a Company Borrow Money from the Owner

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 […]

By Ambylegal
20.06.2024
How to Conclude a Lease Agreement for Commercial Real Estate in Belarus
How to Conclude a Lease Agreement for Commercial Real Estate in Belarus

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 […]

By Ambylegal
13.06.2024
Payment of Dividends to the Owners in Non-monetary Form
Payment of Dividends to the Owners in Non-monetary Form

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. […]

By Ambylegal
06.06.2024
End User License Agreement
End User License Agreement

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 […]

By Ambylegal
29.05.2024
New Business Requirements
New Business Requirements

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? […]

By Ambylegal
21.05.2024
What you Need to Know about Consumer Lending
What you Need to Know about Consumer Lending

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 […]

By Ambylegal
05.05.2024
Suspension of tax agreements with unfriendly countries. What to expect?
Suspension of tax agreements with unfriendly countries. What to expect?

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 […]

By Ambylegal
25.04.2024
What Individuals Need to Know about Loan Interest
What Individuals Need to Know about Loan Interest

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 […]

By Ambylegal
17.04.2024
How to Prepare for a Tax Audit
How to Prepare for a Tax Audit

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 […]

By Ambylegal
08.04.2024
Peculiarities of Liquidation of Companies in Belarus
Peculiarities of Liquidation of Companies in Belarus

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, […]

By Ambylegal
24.03.2024
What should a company that deals with the personal data of EU citizens pay attention to
What should a company that deals with the personal data of EU citizens pay attention to

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 […]

By Ambylegal
12.03.2024
How to Conduct an Advertising Game in Belarus
How to Conduct an Advertising Game in Belarus

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 […]

By Ambylegal
28.02.2024
What is the Professional Income Tax Concerning IT Services in Belarus
What is the Professional Income Tax Concerning IT Services in Belarus

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 […]

By Ambylegal
25.02.2024
Interaction with Notaries in Belarus Remotely
Interaction with Notaries in Belarus Remotely

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 […]

By Ambylegal
21.02.2024