When using currency, it is necessary to strictly comply with the law to avoid violations and fines from government agencies. This article will look at how companies and individuals can use currency correctly and not violate the law, observing all the necessary rules and conditions. Features of settlements in Belarus The official currency of settlements […]
Failure to confirm sources of income can lead to tax audits and fines. This article explains when the tax service may require reporting on sources of income and how to prepare properly for such a request. What applies to income, expenses and property Income of individuals The income of individuals received from other persons, including […]
Obtaining a loan is commonplace for doing business or individual needs in Belarus. This action has its own peculiarities. One of them is a credit history. This article examines credit histories, how they are formed, why they are needed, and how they can be improved. What does the law say? Credit histories are formed based […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
