News

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 […]

In the dynamic world of information technology, effective human resource management plays a key role in ensuring the success of an organization. However, it can be a difficult task for IT specialists to sort out the complicated issues of employment, contracts and benefits. In this article, study the key aspects of the differences between different […]

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 […]

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 […]

Dear Clients! We are pleased to announce the completion of a recruiting project (3 QA) for a German 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 some details of […]

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 […]

Personal data protection in the European Union: basic provisions Information on the Internet needs to be protected, especially personal data. So, when registering on sites on the Internet, we enter our personal data, which are stored in automated systems. Collection, storage, use of personal data should be regulated by law. It should be noted that […]

Remote work: concept and main essence. Remote employment in Belarus Recently, amendments have been made to the Labor Code of the Republic of Belarus, which have regulated the concept and procedure for formalizing remote work. For example, telecommuting is work when an employee performs a job function outside the location of the employer. In this […]

What is social leave The Labor Code of the Republic of Belarus establishes that, in addition to the right to basic labor leave, employees have the right to social leave. The purposes for which social leave is granted are important. This can be motherhood, parenting, education, family and household needs and other goals. The employer […]

In what cases is a probationary period established? According to the Labor Code of the Republic of Belarus, a probationary period is a period of time to check the compliance of an employee with the work performed. It is preliminary in nature, that is, it can be set only once when an employee is hired. […]

What is a business trip Article 91 of the Labor Code of the Republic of Belarus defines the term “business trip”. It is recognized as such a trip of an employee to another locality, different from the place of permanent work, on behalf of the employer for the performance of a service assignment. Thus, a […]