Finance

What is a Credit History?

Obtaining a loan is commonplace for doing business or individual needs in Belarus. This action has its own peculiarities. One of them is a credit history. This article examines credit histories, how they are formed, why they are needed, and how they can be improved. What does the law say? Credit histories are formed based […]

Daria Fedorova
By Daria Fedorova
10.04.2024
The Pros and Cons of Payoneer when Paying Salaries in Belarus

To receive the earned money from foreign customers, people in Belarus are choosing online payment systems. One of the most popular tools for receiving salaries has become the Payoneer payment system, which provides convenient ways to accept payments in some cases. This article talks about the specifics of working with Payoneer, which payment systems can […]

Daria Fedorova
By Daria Fedorova
29.03.2024
How to Work with MIR cards. Is it Possible to Get a Salary on them

The international payment system Mir has gained popularity in the post-Soviet space over the past 10 years. Questions arise about the possibilities of international settlements and salaries being received on the cards of this system, about the use of the MIR card in Belarus and abroad. Spex Advisers specialists explain the features of MIR cards […]

Daria Fedorova
By Daria Fedorova
26.03.2024
What are the Areas with the Highest Salary?

Belarus provides various career paths, each with earning potential. Specialists explain sectors where professionals can earn top salaries. These industries value specialised skills and expertise, making them claimed. Let’s delve into the opportunities and outlook for working in high-paying fields. Salaries by type of economic activity The National Statistical Committee of Belarus (Belstat) has published […]

Daria Fedorova
By Daria Fedorova
22.03.2024
How to Become More Expensive in the Labor Market in Belarus? – Top 20 ways

In the modern world of information technology, the labour market is constantly changing, and it is not easy to become a sought-after specialist. The rapid development of technology requires constant training and improvement from IT specialists. This article contains key points that will help you increase your value in the labour market and achieve success in […]

Daria Fedorova
By Daria Fedorova
08.03.2024
How and When to Serve Income Tax Declaration of IT Specialists

Personal income tax is usually paid by employers. However, sometimes, there are situations when an individual who provides services in the IT field needs to file a tax return on his own and make a tax payment. Such an action has its own peculiarities and difficulties in the Belarusian legislation, and our experts help to […]

Daria Fedorova
By Daria Fedorova
25.02.2024
How IT Companies Pay Taxes in Belarus

Knowledge of the specifics of taxation is one of the critical aspects of the successful operation of any company, including IT companies in Belarus. It is essential to understand the specifics of the tax system to optimize the tax burden, comply with the law and avoid fines and other negative consequences. In addition, assistance in […]

Daria Fedorova
By Daria Fedorova
22.02.2024
Who are Income Tax Agents in Belarus

In the modern world, international investments play a key role in the development of the economies of various countries. Therefore, it is extremely important for foreign investors to have a complete understanding of the tax system in the country in which they plan to invest. In Belarus, income tax agents play an important role in […]

Daria Fedorova
By Daria Fedorova
18.02.2024
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
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