News

Disposal by HTP Residents of Proceeds Credited to a Foreign Account

Residents of the Belarusian Hi-Tech Park have the right to open bank accounts with foreign banks and carry out international financial transactions. Residents of the Hi-Tech Park can receive revenue from non-residents to accounts in foreign banks for their services, work performed and goods delivered. There are some peculiarities in the disposal of such revenue. […]

Daria Fedorova
By Daria Fedorova
04.02.2024
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 […]

Daria Fedorova
By Daria Fedorova
01.02.2024
Advantages of Outstaffing in Belarus

It doesn’t matter if you are starting a new company or are already an existing company, HR issues take up time and resources. Basically, these are “paper” issues: paperwork related to employment, payroll, vacations and sick leave. That is, these functions are not directly related to the goals of the company. Partnership with an outstaffing […]

Daria Fedorova
By Daria Fedorova
28.01.2024
Basic Principles of the Legislation on Personal Data in Belarus

In Belarus, as in many other countries, personal data is regulated by legislation that protects the rights of citizens to their privacy and information security. Personal data in Belarus is any information related to an individual that can be used to identify him. This can be a name, address, phone number, passport data, information about […]

Daria Fedorova
By Daria Fedorova
25.01.2024
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 […]

Daria Fedorova
By Daria Fedorova
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 […]

Daria Fedorova
By Daria Fedorova
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 […]

Daria Fedorova
By Daria Fedorova
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 […]

Daria Fedorova
By Daria Fedorova
09.01.2024
Web 3.0 Recruitment in Belarus

In a world of rapid technological change, the concept of Web 3.0 takes center stage, rethinking user interaction with the web. In the context of Belarus, this transition to the next stage of Internet evolution provides unique opportunities for talented professionals, and recruiters face new challenges and peculiarities. What is Web 3.0? Web 3.0 is […]

Daria Fedorova
By Daria Fedorova
03.01.2024
Crypto Brokers in Belarus

The cryptocurrency industry is developing in Belarus and the emergence of crypto brokers – companies offering services for the purchase, sale and exchange of cryptocurrencies to others – is becoming more and more relevant. Simply put, crypto brokers provide clients with the opportunity to invest in cryptocurrencies, develop and implement investment strategies for clients using […]

Daria Fedorova
By Daria Fedorova
30.12.2023
Recruitment of Personnel for Blockchain Projects in Belarus

Global companies are increasingly paying attention to the IT sector of Belarus, as it has strengthened its position as a center of initiatives and entrepreneurs in the popular field of blockchain technologies. But the success of each blockchain project depends on the careful selection of a group of qualified and experienced experts who can handle […]

Daria Fedorova
By Daria Fedorova
24.12.2023