Dear Clients! We are pleased to announce the start of a project to provide accounting support to a software development team operating in the US market. The number of people in the team is 15 (fifteen). We advised the client on the choice of a taxation system for software developers (IE), and also provide accounting […]

Dismissal by agreement of the parties in Belarus Dismissal by agreement of the parties can be called the simplest and most peaceful way to end an employment relationship. By agreement of the parties, both a fixed-term and an indefinite employment contract can be terminated. In addition, on such grounds, an employment contract can be terminated […]

How and where does an employee apply for sick leave in Belarus A certificate of incapacity for work (certificate) or sick leave, as it is often called, is an official document that is issued to a person for a period of illness or injury. The specified document is issued to a person who is recognized […]

Minimum salary in Belarus in 2021 The minimum wage (monthly and hourly) is applied by the employer when paying employees for work under normal conditions during normal working hours while fulfilling the employee’s duties arising from the legislation, the LPLA and the employment contract, taking into account the hours worked. From 01.01.2021 the minimum wage […]

Income tax in Belarus and its meaning Income tax in the Republic of Belarus refers to the contributions to the state budget levied on the income of the population. Individuals are obliged to pay income tax, regardless of their type of activity. The meaning of income tax is to pay the state a predetermined share […]

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! CEO of Spex Advisers LLC gave a small comment for the dev.by portal regarding the situation in recruiting for IT companies in 2020-2021. You can read the article here!

Dear Clients! We are pleased to announce the completion of a project of recruitment of 13 (thirteen) developers for a Lithuanian IT company with an office in Belarus. Due to the existence of a confidentiality agreement, we cannot write the name of the brand under which our Client operates. However, as before, we can tell […]