With growing migration, international remote employment, and increasing currency restrictions, more people are seeking alternative jurisdictions to open personal bank accounts. The choice of country affects access to finances, fees, currency options, and the convenience of online banking. Among popular destinations for Belarusian citizens are local Belarusian banks and banks in Kyrgyzstan. Both options have […]

Doing business in Belarus requires a careful and timely approach to taxation. For legal entities, proper organization of the tax payment process is essential for stable and successful operations, and it also forms the basis for maintaining good faith relations with government authorities. Tax payment involves many aspects, from choosing the appropriate tax regime and […]

Opening a foreign bank account is becoming increasingly important for entrepreneurs, freelancers, and IT companies from CIS countries. In recent years, Armenia and Belarus have gained popularity as two jurisdictions offering relatively straightforward conditions for opening a bank account. However, upon closer comparison, Belarus proves to be more convenient and predictable in many aspects. The […]

Many companies exploring platforms for IT business development compare Kazakhstan’s Technopark — Astana Hub with Belarus’s Hi-Tech Park (HTP). However, HTP consistently remains the more attractive option due to its flexible legal framework, effective tax incentives, and proven mechanisms for supporting the IT ecosystem. If you’re seeking a reliable platform for IT services export, investment […]

The issue of information confidentiality is a key aspect of banking operations worldwide, and Belarus is no exception. One of the most important principles of banking is the observance of banking secrecy, a legal regime designed to protect information about clients, their accounts, and transactions. When opening a bank account, every client has the right […]

Opening a bank account in Belarus as a non-resident a foreign company, representative of a foreign business, or individual who does not have permanent residence in the country is associated not only with KYC compliance procedures, but also with confidentiality issues. Naturally, the question arises: who and under what circumstances can access the information provided […]

The closure or sale of an IT company marks a critical and complex phase in the life cycle of any business. In the fast-evolving technology sector, such decisions may be driven by various factors: a strategic shift, the owners’ desire to focus on new projects, financial challenges, or an opportunity to exit the business profitably. […]

Opening a bank account in the Republic of Belarus is becoming increasingly relevant for Russian citizens. The reasons vary: some plan to do business, others have found employment in a Belarusian company, and many frequently visit the country and want to simplify transactions in the local currency. Belarus offers a relatively stable banking system, clear […]

Lithuania is one of the most attractive jurisdictions in Europe for running an IT business. Thanks to its flexible tax policies, support for innovative industries, and access to the European Union (EU) market, the country actively attracts startups, software developers, fintech companies, and outsourcing teams. The Lithuanian government is consistently developing the digital economy by […]