The inclusion of tokens in business activities has become a common practice for many companies. Functioning as digital signs in the information system, tokens, often recognized as cryptocurrencies, serve various purposes, primarily as an investment tool. Having the predominant global role of a universal medium of exchange, cryptocurrencies facilitate transactions between residents and non-residents of […]

The Baltic states, including Lithuania, Latvia and Estonia, represent one of the best development conditions for IT business in 2023, having clear advantages in the field of regulatory framework, business conduct, migration policy and tax structures. Dynamics of regulation Various regulations regulate IT businesses around the world, with some countries offering preferential terms. The Baltic […]

The composition of the Supervisory Board of the company is the most important aspect of its management structure. Establishing clear membership criteria and understanding the dynamics of the board’s composition can significantly affect the effectiveness of this important management body. Membership Requirements: Re-election and early termination of powers Members of the Supervisory Board have the […]

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 […]

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 […]

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 […]

We reveal interesting details on the latest report of the National Statistical Committee on wage trends in Belarus for August 2023. According to Belstat, the average salary of Belarusian workers for August 2023 was 1962.4 rubles. This marks a significant increase of 29.3 rubles compared to the previous month. Regional Disparities It should be noted […]