Latest Posts

Apostille and Document Legalization for Foreign Founders Entering Belarus: The Sequence and the Timing Traps

Nobody accidentally under-invests in document legalization. They under-schedule it. Every failed Belarusian setup we see loses two to six weeks in the same three or four places — and none of them are legal complexity. They’re order-of-operations mistakes: notarizing after the apostille instead of before, translating in the wrong country, issuing a Certificate of Good […]

By Spex Team
21.07.2026
Counter-Offer Strategy: How to Retain Senior Belarusian Developers Without Overpaying

The conversation usually starts the same way. A senior engineer asks for a one-on-one, closes the door, and says they’ve been talking to another company. Sometimes there’s a written offer attached. Sometimes there isn’t. Either way, the next forty-eight hours will decide whether you keep one of the people your team can’t easily replace — […]

By Spex Team
02.07.2026
FX Risk Management for HTP Residents Earning in USD and EUR

Almost every High Tech Park resident in Belarus is, in financial terms, a foreign-currency business with local-currency obligations. Customers settle invoices in USD and EUR. Salaries go out in Belarusian rubles. Taxes — including the HTP’s headline 1% on gross revenue — are paid in rubles. Office leases are usually denominated in dollars or euros […]

By Spex Team
23.06.2026
Belarus HTP vs. Armenia Engineering City for IT Companies: A Practical Comparison

When founders look at the post-Soviet space for an engineering base, two destinations come up almost every time: Belarus’s High Tech Park and Armenia’s Engineering City. They get grouped together in pitch decks, slide-deck comparisons, and investor calls — usually under a heading like “tech-friendly jurisdictions.” The grouping is misleading. One is a country-wide tax […]

By Spex Team
18.06.2026
HTP Company Liquidation Step-by-Step: Timeline, Costs, and Tax Consequences

Closing an HTP-resident company in Belarus isn’t the kind of project you finish in a long afternoon. It’s a regulated multi-stage procedure that touches the tax authority, the social protection fund, the HTP Secretariat, your bank, your employees, and — if you don’t sequence it properly — your personal liability as a director or founder. […]

By Spex Team
16.06.2026
Domiciliation and Virtual Office in Belarus: When It Makes Sense and When It Doesn’t

Every company registered in Belarus needs a virtual office. That part isn’t negotiable — the registration authority won’t process an application without one, and the address sits in the company charter, in the state register, and on every official document the entity ever produces. What is negotiable is how you get it. You can lease […]

By Spex Team
11.06.2026

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