We Provide Consulting and Support for Foreign Businesses in Belarus
Our Clients
Professional Management Services Company
Our company has built a strong reputation in Belarus for successfully launching and managing international research and development centers. Our team is comprised of specialists with backgrounds in leading global IT companies and the Big Four.
Your dedicated consultants, accountants, lawyers, and HR managers will guide you through every step of establishing and running your IT business in Belarus.
What is a Management Company?
From company registration and High Tech Park accreditation to office setup, team recruitment, and ongoing HR and finance management—we provide an all-in-one solution to launch and run your IT business in The Republic of Belarus.
This integrated approach lets you launch quickly while avoiding the common risks and delays of entering a new market. Beyond our deep local expertise, we have direct experience operating IT businesses in key global jurisdictions—from the U.S. and EU to Asia and the UAE. This enables us to design business processes that are not only locally compliant but also meet the high standards of our international clients.
Why do You Need a Management Company?
Our team has a deep understanding of local expertise and the experience necessary to quickly and safely launch your business in Belarus. Our team will build convenient business processes and integrate them into existing ones, help you save money on contractor selection and procurement, secure your operations, and support your operations in compliance with Belarusian legislation and our high internal standards. Ultimately, our management company enables you to make informed decisions and achieve long-term business success.
Solutions For Your Business
Experienced English-speaking consultants, lawyers, accountants and HR specialists
Our Services
If your case requires multi-field expertise, our integrated team of specialists will delve into every detail to devise the most effective strategy for your goals
High Tech Park Accreditation
Full-cycle support for High Tech Park entry, including business plan preparation. More than 50 companies successfully guided.
Management Services
We provide full-cycle management services for IT and High Tech Park companies in Belarus, handling everything from company formation, HR, and recruitment to office search, procurement, vendor negotiations, accounting, compliance reporting, tax and banking advisory.
EOR Services
We are a leading direct Employer of Record (EOR) provider in Belarus, offering unparalleled expertise, flexibility, exclusive terms, and the most competitive pricing on the market.
PEO Services
Spex Advisers operates as a Professional Employment Organization (PEO), providing comprehensive solutions in workforce management, payroll processing, benefits administration, and compliance support.
Payroll Services
Payroll solutions that ensure accurate and timely processing of employee wages, tax calculations, and compliance with all relevant regulations.
Accounting Services
Accounting solutions, providing accurate financial reporting, tax preparation, and strategic financial planning.
Bank Accounts Opening
We assist foreign companies and individuals in opening bank accounts with leading banks in Belarus.
Recruiting Services
Our recruitment services for the IT, High Tech Park (HTP), and R&D sectors in Belarus are backed by a database of more than 145,000 candidates and a dedicated team of over 30 recruiters. We also recruit for related professional ("white-collar") roles.
Virtual Office Services
Our virtual address (domiciliation) services are available for any IT company in Belarus during its formation stage or as part of our ongoing management package.
Accounting Services in Belarus
Tailored, precise, and trusted by more than 100 international corporate clients.
Our Most Common Projects and Client Solutions
- Research and Development Center
- Solutions for Tech Companies
- Solutions for Foreign Individuals
High Tech Park Accreditation and Company Formation in Belarus
We handle the complete setup of your legal entity and its accreditation as a resident of the Belarusian High Tech Park. This turnkey service ensures you secure the HTP's preferential tax regime and operational framework efficiently and in full compliance.
Management Services for HTP Residents
We provide full operational management for High Tech Park (HTP) residents in Belarus. Our service handles legal compliance, finance, HR, and office administration, turning your HTP status into a smoothly running entity so you can focus entirely on innovation and growth.
Office Setup and Vendor Negotiation
We secure and prepare your ideal office space, handling the entire search, lease negotiation, and fit-out process. Additionally, we manage vendor relationships and contracts for equipment, supplies, and services, ensuring optimal terms and seamless operations from day one.
Employee Recruitment
We find and hire the right talent for your team in Belarus. Our full-cycle process includes sourcing, screening, interviewing, and managing job offers to ensure you get qualified candidates who fit your company culture and technical needs.
Employer of Record Services
Hire and onboard top tech talent in Belarus quickly and compliantly — without the need to establish a local legal entity. Our Employer of Record service acts as the legal employer, handling all payroll, taxes, benefits, and HR compliance on your behalf, so you can focus on scaling your business.
Professional Employer Organisation
Expand your tech operations in Belarus with a trusted local partner. Under the PEO model, we co-employ your team — handling payroll, statutory compliance, benefits, and HR administration — while you retain full control over day-to-day management and business strategy. Ideal for companies that already have a legal entity in Belarus.
Payroll Services for Tech Companies in Belarus
Outsource your payroll with confidence — our specialized service ensures accurate, timely, and fully compliant salary processing for tech teams in Belarus. We handle tax calculations, social contributions, reporting to authorities, and local labor law requirements, so you can focus on innovation, not paperwork.
Corporate Bank Account Opening
Streamline your entry into the Belarusian market with expert support in opening a corporate bank account. We guide you through documentation, compliance, and bank selection to ensure a smooth setup — so your tech company can operate, pay vendors, and manage funds without delays.
HR Consulting Services
Navigate Belarusian labor regulations with confidence. Our HR consulting provides tech companies with expert guidance on hiring practices, employment contracts, local compliance, team structuring, and employee management — ensuring your operations are both agile and legally sound from day one.
Outstaffing
Build your tech team in Belarus without the hassle of direct hiring. We legally employ fully vetted professionals — you manage them day-to-day as part of your core team. Fast, compliant, and administration-free.
Market Research Services
Gain actionable insights into the Belarusian tech market — understand regulations, talent availability, costs, and competition to make informed entry or expansion decisions.
Bank Account Opening
Open a personal bank account in Belarus smoothly and efficiently — with expert support on documentation, compliance, and bank coordination — so your business can operate without delays.
HR Consultation
Get expert guidance on Belarusian employment law, hiring practices, contracts, and team setup — so your tech company stays compliant while building its local presence.
Client References
How does our company work?
1
Contact Us
Get in touch for a preliminary discussion and to learn how we can assist you.
2
Initial Consultation
We engage in detailed conversations to understand client needs and expectations, tailoring our services accordingly.
3
Get a Detailed Estimate
Receive a transparent, itemized cost breakdown to see the full value of our services.
4
Submit a Proposal
We develop customized proposals outlining specific services, benefits, and a clear roadmap for your project.
5
Contract Finalization
We prepare and sign a formal agreement that clearly outlines the scope, terms, and responsibilities for the project.
6
Ongoing Partnership and Support
We provide continuous support, strategic assistance, and deep expertise to ensure your long-term satisfaction and success.
Management Services in Belarus
Proven reputation among more than 30 High Tech Park residents from the USA, EU, UK, UAE, and Asia.
FAQ
What does SPEX Advisers do?
We are a Minsk-based professional services firm working with international companies operating in Belarus. Our practices cover accounting, payroll, EOR, PEO, recruitment, HR consulting, management company services, bank account opening, and market research — under coordinated contracts with a single counterparty.
Who are your clients?
International IT companies, fintech operators, investment funds, and corporate brands headquartered in the US, UK, EU, UAE, Singapore, Switzerland, and across Asia. Among them are unicorns and industry leaders in technology, fintech, and crypto.
Can foreign companies still operate in Belarus?
- Yes. International companies continue to hire, settle business, and hold operations in Belarus. The regulatory framework has become more deliberate — banking onboarding, currency control, and compliance reporting all require more documentation than before — but a workable path exists for almost every legitimate use case. We help clients navigate it.
Do I need to set up a Belarusian entity?
Not always. Companies hiring staff or running limited operations can work through our EOR service without incorporating. Companies committing to the market longer-term usually set up a local entity, and we support that end-to-end. We advise on which structure fits before any commitment.
Do you work in English?
Yes. The working language across all our practices is English. Reports, contracts, calls, and day-to-day correspondence are delivered in English to the standard a headquarters team expects to read. Russian is available where the client prefers it.
Do I need to travel to Belarus to work with you?
No. The vast majority of engagements run remotely. Contracts are signed in English, bank accounts can be opened under a notarised power of attorney, and ongoing work is handled through our team in Minsk. Clients in the US, UK, EU, UAE, and Asia work with us without visiting the country.
How do you price your services?
Each engagement is priced in writing before work begins. Fixed monthly fees for ongoing services (EOR, PEO, payroll, accounting, virtual office); fixed or success fees for project work (recruitment, HR consulting, market research). No hidden charges, no per-transaction surprises.
How do we start?
Send an enquiry through the contact form or to info@spex.by. We respond within one business day with a scoping call. After that, we send a written proposal covering scope, fee, and timeline. Most engagements move from first contact to signed contract within one to two working days.
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