Beneficial ownership rules are the part of Belarusian compliance where foreign IT founders tend to be least ready. Because there is no public register to file into and no annual form to submit, the whole regime looks simpler than it is. It isn’t. The obligations are ongoing, event-driven, and enforced not by a single filing […]
Most international groups that own a Belarusian subsidiary aren’t physically in Minsk. The headquarters sits in London, New York, Dubai, Singapore, or Berlin. The CFO checks in over Slack, the board reviews quarterly numbers in a dashboard, and the only people on the ground are the engineering team, an accountant, and whichever statutory officers the […]
The digital economy has given rise to new financial models that combine traditional banking and blockchain technologies. One such model is a “crypto bank” — a company that operates with digital assets (tokens), provides custody services, supports cryptocurrency transactions, and integrates blockchain solutions into business processes within the High-Tech Park (HTP) regime in Belarus. A […]
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 bank account in Belarus is an important step for foreign companies and individuals who wish to conduct business, invest, or simply manage their finances in the country. The Republic of Belarus offers convenient conditions for non-residents to open accounts; however, this process has certain specifics that should be considered in advance. Today, Belarus […]
Freelancing has transformed the modern workforce, providing a flexible and lucrative career option for millions worldwide. Gone are the days when the traditional 9-to-5 was the only option. Today, people are embracing freelance employment, which allows them to take control of their work schedules, income, and professional paths. From freelance writing remote jobs to data […]
Thanks to the creation of a regulatory framework that promotes innovation and provides a well-organized basis for the developing digital economy, Belarus stands out as a unique player in the rapidly developing cryptocurrency market. In accordance with Decree No. 8 (published on December 21, 2017 under the heading “On the development of the digital economy”), […]
The main advantages of High-Tech Park in the field of taxation The Decree of the President of the Republic of Belarus “On the Development of the Digital Economy” added a number of tax benefits for the residents of the Park of High Technologies. Thus, HTP residents are exempt from value added tax when purchasing intellectual […]
