LLC stands for Limited Liability Company. It’s a type of business that combines the best parts of a sole proprietorship or partnership with the protection of a corporation. One of the biggest benefits of an LLC is limited liability. This means your personal belongings are generally safe from business debts. Another advantage is tax flexibility. LLCs can choose how they are taxed, which is helpful depending on your situation. LLCs are also easier to manage than corporations, as they have fewer rules. Finally, with an LLC, your profits and losses go directly to your personal tax return. This helps you avoid paying taxes twice.
Registration of LLC in Belarus on a turnkey basis?
Need a hassle-free LLC setup in Minsk? Our turnkey service offers comprehensive support, from initial consultation to post-registration compliance. We handle all legal formalities, including drafting articles of association, obtaining necessary permits, and registering your company with the Belarusian tax authorities. Our experienced team ensures timely completion and adherence to local regulations, allowing you to focus on your business operations.