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Lawyer and attorney are two terms often used in the legal field, but they are not synonymous. People frequently confuse these professions without realizing their fundamental differences and unique roles in the legal system. An attorney is a specialist with the right to defend clients’ interests in court, unique qualifications, and a license. While a […]

The country’s economic structure includes various types of legal entities. The variety of forms in which legal entities can operate allows them to effectively carry out their functions, adapt to market requirements, and meet citizens’ needs. In this article, we will look at the types of legal entities in Belarus and their characteristic features. Understanding […]

Belarus has become an increasingly attractive region for foreign investors in recent years. The opening of representative offices of companies from different parts of the world testifies to the growing confidence in the local market and the integration of Belarus into the international economy. This creates new jobs and facilitates the exchange of knowledge and […]

In the digital age, personal data protection is becoming one of the main tasks for companies that deal with many individuals and the personal data of job candidates and employees. Internal control over the processing of personal data refers to the critical functions of the Personal Data Protection Officer (DPO). In this article, we will […]

In the business world, dividends are critical to attracting and retaining investors. They are evidence of the company’s financial health and ability to generate profits. However, dividend payment is not automatic and depends on many factors. This article is devoted to the conditions and circumstances under which a company may decide to pay dividends to […]

Nowadays, secrecy and protection of personal information have become one of the key aspects of doing business. Taking into account strict legal requirements and regulations on the processing of personal data, companies need to be highly responsible and attentive to this issue. In this article, we will look at the importance of consent in processing […]

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 – […]

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 […]

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 […]