For an IT company operating in Belarus, multi-currency isn’t an edge case — it’s the normal week. You invoice a US client in dollars, pay a Lithuanian contractor in euros, settle a marketing bill in Russian rubles, and run domestic payroll in Belarusian rubles before the month closes. Four currencies in fourteen days is a […]
For IT companies looking at Belarus, the High-Tech Park is the prize that makes the rest of the paperwork worth doing. A 1% unified tax on revenue, no VAT on exports, zero corporate profit tax on qualifying activity, and payroll contributions tied to the national average wage instead of actual salaries — the combined effect […]
Belarus was one of the first countries in the world to give cryptocurrency a clear legal home, so it’s a fair question for any tech company hiring there: can you simply pay your developers in Bitcoin, USDT, or your own token? The honest answer is “sometimes, in specific ways, and almost never the way people […]
If your company runs an entity, an R&D center, or a team in Belarus, you already know the hard part isn’t the work — it’s moving the money. Paying a local vendor, funding payroll, or receiving revenue used to be a non-event. Since 2022, it can mean delays, returned transfers, and a long list of […]
You’ve signed off on a payment from your Belarusian entity — a software license fee to the parent company, a dividend to shareholders abroad, interest on an intra-group loan — and then someone in finance asks the question that stops the transfer cold: do we need to withhold tax before this leaves the country? For […]
The HTP Startup Center is one of the key support instruments for early-stage technology projects within the High-Tech Park (HTP). It is designed to help teams move from an idea to a sustainable business model, minimizing legal, organizational, and financial barriers at the outset. For entrepreneurs and IT teams, the Startup Center serves as a […]
Angel investments are a key financing mechanism for early-stage startups and innovative projects. They provide not only capital but also experience, contacts, and strategic guidance. Unlike venture capital funds, angel investors usually act individually, risking their own money for promising ideas and teams that can impact the market. In Belarusian and international startup ecosystems, angel […]
Residents of the High-Tech Park (HTP) face increased requirements for financial transparency and proper accounting. Annual (financial) statements for such companies are not merely a formal summary of business results, but an important tool for confirming good faith operations, compliance with established conditions, and the accuracy of financial indicators. That is why the audit of […]
In recent years, the information technology sector in Russia has been developing rapidly, and the state actively stimulates the growth of IT companies through various support measures. One of these measures is the accreditation of IT companies. Accreditation provides access to benefits, subsidies, simplified government support programs, and also increases the level of trust from […]
Registration with the High-Tech Park (HTP) opens up additional development opportunities for businesses; however, the procedure itself requires thorough preparation and strict compliance with established requirements. In practice, refusals of HTP registration are not uncommon and, in most cases, are related not to the project idea itself, but to errors in documentation, incorrect assessment of […]
Termination of employment does not always occur on legal grounds or with proper justification. In practice, employees often face situations when the employer makes a decision in violation of established procedures, without sufficient legal grounds or under pressure. Losing a job under such circumstances leads not only to financial difficulties but also to serious psychological […]
Choosing a taxation system is one of the key decisions when creating and developing a business in the information technology sector. It directly affects the tax burden, cost structure, accounting and HR requirements, as well as the overall economic efficiency of the company. For IT projects in Belarus, this choice most often comes down to […]
