Latest Posts

Bank Account in a Belarusian Bank vs Armenia

Opening a foreign bank account is becoming increasingly important for entrepreneurs, freelancers, and IT companies from CIS countries. In recent years, Armenia and Belarus have gained popularity as two jurisdictions offering relatively straightforward conditions for opening a bank account. However, upon closer comparison, Belarus proves to be more convenient and predictable in many aspects. The […]

Daria Fedorova
By Daria Fedorova
05.08.2025
Technopark in Kazakhstan vs. Belarus Hi-Tech Park (HTP)

Many companies exploring platforms for IT business development compare Kazakhstan’s Technopark — Astana Hub with Belarus’s Hi-Tech Park (HTP). However, HTP consistently remains the more attractive option due to its flexible legal framework, effective tax incentives, and proven mechanisms for supporting the IT ecosystem. If you’re seeking a reliable platform for IT services export, investment […]

Daria Fedorova
By Daria Fedorova
31.07.2025
Belarus Bank Account Privacy

The issue of information confidentiality is a key aspect of banking operations worldwide, and Belarus is no exception. One of the most important principles of banking is the observance of banking secrecy, a legal regime designed to protect information about clients, their accounts, and transactions. When opening a bank account, every client has the right […]

Daria Fedorova
By Daria Fedorova
29.07.2025
Bank Information Disclosure for Non-Resident Accounts

Opening a bank account in Belarus as a non-resident a foreign company, representative of a foreign business, or individual who does not have permanent residence in the country is associated not only with KYC compliance procedures, but also with confidentiality issues. Naturally, the question arises: who and under what circumstances can access the information provided […]

Daria Fedorova
By Daria Fedorova
24.07.2025
Closure or Sale of an IT Company in Belarus

The closure or sale of an IT company marks a critical and complex phase in the life cycle of any business. In the fast-evolving technology sector, such decisions may be driven by various factors: a strategic shift, the owners’ desire to focus on new projects, financial challenges, or an opportunity to exit the business profitably. […]

Daria Fedorova
By Daria Fedorova
22.07.2025
Opening a Bank Account in Belarus as a Russian Citizen

Opening a bank account in the Republic of Belarus is becoming increasingly relevant for Russian citizens. The reasons vary: some plan to do business, others have found employment in a Belarusian company, and many frequently visit the country and want to simplify transactions in the local currency. Belarus offers a relatively stable banking system, clear […]

Daria Fedorova
By Daria Fedorova
15.07.2025
Taxation of IT Companies in Lithuania

Lithuania is one of the most attractive jurisdictions in Europe for running an IT business. Thanks to its flexible tax policies, support for innovative industries, and access to the European Union (EU) market, the country actively attracts startups, software developers, fintech companies, and outsourcing teams. The Lithuanian government is consistently developing the digital economy by […]

Daria Fedorova
By Daria Fedorova
08.07.2025
Bank Account in Belarus vs Georgia

Today, more and more entrepreneurs and individuals are considering where to open a current account for business operations or personal financial management. This is especially relevant for Belarusian companies working in international markets, as well as for individuals who prioritize not only convenience but also the security of their funds. In recent years, Georgia has […]

Daria Fedorova
By Daria Fedorova
01.07.2025
Opening a Bank Account for a Non-Resident in Belarus

Opening a bank account in Belarus is an important step for foreign companies and individuals who wish to conduct business, invest, or simply manage their finances in the country. The Republic of Belarus offers convenient conditions for non-residents to open accounts; however, this process has certain specifics that should be considered in advance. Today, Belarus […]

Daria Fedorova
By Daria Fedorova
24.06.2025
Electronic Money in Belarus

With the growth of non-cash payments and digital technologies, electronic money has become important in Belarus’s financial system. Today, it is actively used by both individuals and businesses, for example, to accept payments for goods and services through payment platforms. According to Belarusian law, electronic money is a conventional unit representing the issuer’s monetary obligations […]

Daria Fedorova
By Daria Fedorova
17.06.2025
Taxation of IT Companies in Poland

For several years, Poland has ranked among the top European countries for conducting business in the field of information technology. Its developed infrastructure, access to the European market, highly qualified specialists, and government support make this jurisdiction attractive for IT companies from various countries, including Belarus. However, before establishing a company or relocating a team […]

Daria Fedorova
By Daria Fedorova
10.06.2025