News

Banks in Belarus to Work with Foreign Customers in 2023

In the current daily changing circumstances, the urgent issue is the safe transfer of money to Belarus from abroad. This topic is especially relevant for freelancers and the IT industry working for export. It is important to note that there are still enough options for a quick transfer of money through banks in 2023. In […]

Daria Fedorova
By Daria Fedorova
06.11.2023
For a Foreign Investor: the Most Popular Types of Companies in Belarus

When starting a business in the Republic of Belarus, choosing the right organizational and legal structure is crucial. Selecting between a Limited Liability Company (LLC) and a Closed Joint Stock Company (CJSC) is frequently the deciding factor in this decision. Since each option has advantages and disadvantages, choosing one is an essential first step in […]

Daria Fedorova
By Daria Fedorova
02.11.2023
IT Business Opportunities in Georgia

In the world of international business, finding the right location can significantly impact your bottom line. Georgia, nestled at the crossroads of Eastern Europe and Western Asia, has emerged the opportunity center, thanks to its enticing taxation system inspired by the Estonian model. Further, we delve into the facets of Georgia’s favorable tax environment and […]

Daria Fedorova
By Daria Fedorova
31.10.2023
Collect and Check the Biography of Employees in Belarus

Collect and check the biography of empoyees is a popular practice for protecting yourself and reducing any risks associated with the loss of money or reputation. If a new employee was involved in fraud at his previous job, generously shared classified information with competitors, or even stole, the company may suffer financial and reputational losses. […]

Daria Fedorova
By Daria Fedorova
29.10.2023
Hi-Tech Park in Belarus 2023: Recent Changes in Regulation

Due to its restructuring through integration into the State entity known as the “Secretariat of the Supervisory Council of the High Technology Park,” the HTP Administration’s operations came to an end on August 4, 2023, when an official entry was made in the Unified State Register of Legal Entities and Individual Entrepreneurs of Belarus. Transition […]

Daria Fedorova
By Daria Fedorova
26.10.2023
Disclosure of IT Business Opportunities in Uzbekistan

IT Park Guide Recently, Uzbekistan has become the main point of attraction for relocators working in the field of information technology. In the very center is the Uzbek IT Park, created in 2019 under the Ministry for the Development of Information Technologies and Communications. It specializes in education, the creation and support of startups, the […]

Daria Fedorova
By Daria Fedorova
23.10.2023
IT Benefits in Armenia

If you are considering the idea of creating your own IT company in Armenia this year, we have great news for you. Armenia has become one of the main destinations for IT professionals who want to take a step forward. The pronounced interest of the nation in the IT sector prompted the parliament to simplify […]

Daria Fedorova
By Daria Fedorova
22.10.2023
Hi-Tech Park in Belarus in 2023

In the heart of Eastern Europe there is a thriving center of innovation and technological progress – the Hi-Tech Park (HTP) in Belarus. This unique enclave offers a specialized tax and legal regime that resembles the famous Silicon Valley in the United States. This demonstrates Belarus’ commitment to stimulating the growth of high-tech industry, creating […]

Daria Fedorova
By Daria Fedorova
18.10.2023
Basics of Hiring Staff in Belarus: What Foreign Companies Need to Know

In the dynamic world of information technology, effective human resource management plays a key role in ensuring the success of an organization. However, it can be a difficult task for IT specialists to sort out the complicated issues of employment, contracts and benefits. In this article, study the key aspects of the differences between different […]

Daria Fedorova
By Daria Fedorova
16.10.2023
Wage Trends of August 2023 in Belarus

We reveal interesting details on the latest report of the National Statistical Committee on wage trends in Belarus for August 2023. According to Belstat, the average salary of Belarusian workers for August 2023 was 1962.4 rubles. This marks a significant increase of 29.3 rubles compared to the previous month. Regional Disparities It should be noted […]

Daria Fedorova
By Daria Fedorova
13.10.2023
American, English and Canadian it companies in Belarus

How many IT companies in Belarus American IT companies The information technology market in the Republic of Belarus is dynamically developing, gaining momentum and becoming one of the strategic directions of doing business. Qualified employees, high salaries, privileges in the tax area – these distinctive features of Belarusian IT companies determine their success and the […]

Daria Fedorova
By Daria Fedorova
04.07.2023