In 2025, the Russian IT sector faced a number of significant changes in tax legislation that affected companies’ financial strategies, tax burden, and operational processes. The government continues to support the digital economy, but the new measures require businesses to be flexible and ready to adapt. Here are the main changes: Profit Tax: Starting in […]
In 2025, the Russian IT sector faced a number of significant changes in tax legislation that affected companies’ financial strategies, tax burden, and operational processes. The government continues to support the digital economy, but the new measures require businesses to be flexible and ready to adapt. Here are the main changes: Profit Tax: Starting in […]
For many IT professionals operating as sole proprietors, there comes a point when the sole proprietorship format is no longer convenient. The client base expands, employees are hired, international contracts are signed and the previous model no longer meets the scale of operations. In such cases, transitioning from a sole proprietorship to an IT company […]
IT companies, startups, and founders entering international markets increasingly compare different ways to formalize their operations. Some consider incubators in Poland as a way to quickly enter the European ecosystem, access grants, mentoring support, and funding. Others choose the EOR model in Belarus, a solution that allows companies to officially hire employees, work with clients […]
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 […]
The Hi-Tech Park (HTP) in Belarus is a key driver in developing the country’s IT sector, providing favourable conditions for innovative companies and startups. The Supervisory Board plays a central role in the management and strategic development of HTP. It is responsible for making important decisions, coordinating the Secretariat’s proposals, and approving new residents. The […]
In the modern conditions of the dynamic development of the economy and the real estate market in Belarus, management companies are becoming an essential element of effective asset management and providing high-quality service to residential and commercial properties. The management company is an organization that takes responsibility for the management, operation and development of real […]
Creating your own IT company is an exciting and promising path for entrepreneurs who want to thrive in the field of high technology. The IT industry’s rapid development in Belarus makes opening a business in this area increasingly attractive. Belarusian legislation does not provide a separate way to open IT companies, IT companies are registered […]
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 […]
