To date, the cryptocurrency in Belarus has turned from a prohibited asset into a legal means of payment. In the legal environment, cryptocurrencies are divided into tokens and coins, and in accordance with Decree No. 8 of 2017, transactions with digital currencies are allowed by law, which gives individuals and legal entities the freedom to […]

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 […]

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 […]

How many IT companies in Belarus 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 continuous growth of […]

For several years now, the Republic of Belarus has occupied one of the leading places in the world in terms of conducting IT business. This is largely due to the presence in Belarus of a special taxation regime for IT companies – the High Technologies Park. Today the Hi-Tech Park unites more than 1000 companies, […]

Obtaining a work permit for an HTP employee The procedure for hiring foreign workers for HTP residents and non-residents is different. HTP residents are not required to obtain special permits for the right to work in the Republic of Belarus in relation to foreign citizens and stateless persons who do not have permits for permanent […]

Reporting of an HTP resident company in Belarus Mandatory audit of an HTP resident HTP residents in accordance with Art. 22 of the Law of 12.07.2013 “On Auditing Activity” (as amended and supplemented) must annually conduct a mandatory audit of the annual individual and consolidated (if drawn up) accounting and financial statements, drawn up in […]

Dear Clients!  We are pleased to announce the completion of a recruiting project for 3 (three) people for a Cypriot Forex company in Belarus. Due to the existence of a confidentiality agreement, we cannot write the name of the brand under which our Client operates.  However, we can tell you some details of the project.  […]