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Belarus HTP vs. Armenia Engineering City for IT Companies: A Practical Comparison
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
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
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
Multi-Currency Accounting for Belarusian IT Companies: Best Practices and Pitfalls
Multi-Currency Accounting for Belarusian IT Companies: Best Practices and Pitfalls

For an IT company operating in Belarus, multi-currency isn’t an edge case — it’s the normal week. You invoice a US client in dollars, pay a Lithuanian contractor in euros, settle a marketing bill in Russian rubles, and run domestic payroll in Belarusian rubles before the month closes. Four currencies in fourteen days is a […]

By Spex Team
09.06.2026
Withholding Tax on Cross-Border IT Payments From Belarus: Rules and Tax Treaty Reliefs
Withholding Tax on Cross-Border IT Payments From Belarus: Rules and Tax Treaty Reliefs

You’ve signed off on a payment from your Belarusian entity — a software license fee to the parent company, a dividend to shareholders abroad, interest on an intra-group loan — and then someone in finance asks the question that stops the transfer cold: do we need to withhold tax before this leaves the country? For […]

By Spex Team
26.05.2026
Transfer Pricing Rules for IT Services in Belarus: A Practical Guide
Transfer Pricing Rules for IT Services in Belarus: A Practical Guide

Transfer pricing is rarely the first thing a founder thinks about when setting up an IT operation in Belarus. The conversation usually starts with HTP residency, headline tax rates, payroll, and headcount. Transfer pricing comes up later — usually in one of two ways. The tax authority requests an economic justification form, or a group […]

By Spex Team
21.05.2026
GDPR for Foreign Companies Employing Belarusian Specialists: What Must be Documented
GDPR for Foreign Companies Employing Belarusian Specialists: What Must be Documented

Hiring engineering, design, or operations talent from Belarus is one of the most cost-effective ways to scale a tech team without diluting quality. The talent pool is deep, English proficiency is strong, and time zones align nicely with EU and Middle Eastern operations. What often gets underestimated is the paperwork on the data-protection side. The […]

By Spex Team
19.05.2026
Sanctions Compliance for US, UK, and EU Companies Hiring in Belarus Through EOR
Sanctions Compliance for US, UK, and EU Companies Hiring in Belarus Through EOR

Belarus has been sanctioned by Washington, Brussels, and London for almost five years. The framework expanded sharply after February 2022, eased in places under the Trump administration through 2025 and early 2026, and remains divergent across the three jurisdictions. None of that has stopped international companies from hiring engineering and operations talent in Minsk — […]

By Spex Team
14.05.2026
EOR vs. PEO vs. IT Outstaffing in Belarus: A Side-by-Side Decision Framework
EOR vs. PEO vs. IT Outstaffing in Belarus: A Side-by-Side Decision Framework

International companies hiring in Belarus quickly run into the same three-letter alphabet soup: EOR, PEO, and outstaffing. The terms get used interchangeably in proposals, mixed up on calls, and treated as synonyms in vendor pitches. They are not. Each model solves a different problem. Each carries a different price tag, a different compliance profile, and […]

By Spex Team
12.05.2026

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