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 […]

In the current daily changing circumstances, the urgent issue is the safe transfer of money to Belarus from abroad. This topic is especially relevant for freelancers and the IT industry working for export. It is important to note that there are still enough options for a quick transfer of money through banks in 2023. In […]

When starting a business in the Republic of Belarus, choosing the right organizational and legal structure is crucial. Selecting between a Limited Liability Company (LLC) and a Closed Joint Stock Company (CJSC) is frequently the deciding factor in this decision. Since each option has advantages and disadvantages, choosing one is an essential first step in […]

In the world of international business, finding the right location can significantly impact your bottom line. Georgia, nestled at the crossroads of Eastern Europe and Western Asia, has emerged the opportunity center, thanks to its enticing taxation system inspired by the Estonian model. Further, we delve into the facets of Georgia’s favorable tax environment and […]

Collect and check the biography of empoyees is a popular practice for protecting yourself and reducing any risks associated with the loss of money or reputation. If a new employee was involved in fraud at his previous job, generously shared classified information with competitors, or even stole, the company may suffer financial and reputational losses. […]

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 […]

IT Park Guide Recently, Uzbekistan has become the main point of attraction for relocators working in the field of information technology. In the very center is the Uzbek IT Park, created in 2019 under the Ministry for the Development of Information Technologies and Communications. It specializes in education, the creation and support of startups, the […]

If you are considering the idea of creating your own IT company in Armenia this year, we have great news for you. Armenia has become one of the main destinations for IT professionals who want to take a step forward. The pronounced interest of the nation in the IT sector prompted the parliament to simplify […]

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 […]