News

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 […]

Remote work in Belarus has become an increasingly popular and in-demand way of organizing work. Thanks to the use of modern technologies and communication tools, employees can effectively perform their duties without leaving home or being in a remote area from the employer. This article will discuss innovations in the organization of remote work that […]

Many companies hold various events to promote their brands. One of these events is an advertising game. Such an event requires a budget and compliance with certain rules that are established in Belarus. You can understand the rules in consultation with an experienced lawyer. Why advertising games are a good promotion tool Conducting advertising games […]

No later than March 31 of the year following the reporting year, companies that are established in the form of limited liability companies, additional liability companies hold an annual general meeting of owners. This is a mandatory meeting, the date of its holding is defined in the company’s Articles of Association. Prior to the annual […]

Internal investigations play an important role in the modern corporate world, providing companies with the opportunity to identify, analyze and respond to possible violations, conflicts of interest and other incidents. These investigations are part of the company’s management process. Investigations not only help companies comply with laws and regulatory requirements, but are also an indispensable […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]