Finance

The Pros and Cons of Payoneer when Paying Salaries in Belarus

To receive the earned money from foreign customers, people in Belarus are choosing online payment systems. One of the most popular tools for receiving salaries has become the Payoneer payment system, which provides convenient ways to accept payments in some cases. This article talks about the specifics of working with Payoneer, which payment systems can […]

By Spex Team
29.03.2024
How to Work with MIR cards. Is it Possible to Get a Salary on them

The international payment system Mir has gained popularity in the post-Soviet space over the past 10 years. Questions arise about the possibilities of international settlements and salaries being received on the cards of this system, about the use of the MIR card in Belarus and abroad. Spex Advisers specialists explain the features of MIR cards […]

By Spex Team
26.03.2024
What are the Areas with the Highest Salary?

Belarus provides various career paths, each with earning potential. Specialists explain sectors where professionals can earn top salaries. These industries value specialised skills and expertise, making them claimed. Let’s delve into the opportunities and outlook for working in high-paying fields. Salaries by type of economic activity The National Statistical Committee of Belarus (Belstat) has published […]

By Spex Team
22.03.2024
How to Become More Expensive in the Labor Market in Belarus? – Top 20 ways

Introduction In the modern world of information technology, the labour market is constantly changing, and it is not easy to become a sought-after specialist. The rapid development of technology requires constant training and improvement from IT specialists. This article contains key points that will help you increase your value in the labour market and achieve success […]

By Spex Team
08.03.2024
How and When to Serve Income Tax Declaration of IT Specialists

Personal income tax is usually paid by employers. However, sometimes, there are situations when an individual who provides services in the IT field needs to file a tax return on his own and make a tax payment. Such an action has its own peculiarities and difficulties in the Belarusian legislation, and our experts help to […]

By Spex Team
25.02.2024
How IT Companies Pay Taxes in Belarus

Knowledge of the specifics of taxation is one of the critical aspects of the successful operation of any company, including IT companies in Belarus. It is essential to understand the specifics of the tax system to optimize the tax burden, comply with the law and avoid fines and other negative consequences. In addition, assistance in […]

By Spex Team
22.02.2024
Who are Income Tax Agents in Belarus

In the modern world, international investments play a key role in the development of the economies of various countries. Therefore, it is extremely important for foreign investors to have a complete understanding of the tax system in the country in which they plan to invest. In Belarus, income tax agents play an important role in […]

By Spex Team
18.02.2024
Payments to Owners of Companies in 2024 and a New Income Tax Rate

Proper withholding of income tax from payments to owners of companies is an important aspect of financial and legal discipline, which helps to prevent problems and maintain trust between owners and the company, as well as eliminates questions to the company from the fiscal authorities. Payments to business owners upon their removal from the list […]

By Spex Team
01.02.2024
Salary Payment Rules in Belarus in 2024

Salary payment issues are related to employee loyalty and are controlled by government agencies. Since January 1, 2024, there have been changes in the procedure for paying salaries in Belarus. In order to prevent employee complaints and inspections by government agencies, it is important for employers to follow a certain procedure. We recommend that you […]

By Spex Team
21.01.2024
Overview of Deposits in CNY in Belarus for Individuals

Private clients often wonder whether it is possible to have yuan in Belarus, whether it is possible to put them in a bank (open a deposit account) and how financially profitable it is — what interest banks offer on deposits in yuan. Features of bank deposits in Belarus Individuals can put their money in a […]

By Spex Team
17.01.2024
Opening a Bank Account for an Individual in USD in Belarus

Many people consider investing in foreign currencies as a good way to save and increase their savings in order to use them for important financial decisions in the future. At the same time, it should be understood that such an investment is subject to currency risks, so the decision to open a bank account in […]

By Spex Team
14.01.2024
Accounting Services for IT Companies in Belarus

The accounting service for IT companies in Belarus provides specialized accounting services, tax support and financial consulting, as well as personnel records management. Our accountants speak English and have extensive experience in interacting with financial institutions on money transfers to Belarus. Taking into account the specifics of IT companies’ activities, our service provides companies with […]

By Spex Team
09.01.2024

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