Global teams are now the norm, and companies must keep up with how they manage salaries across countries. One major shift is toward decentralized payroll — a model that handles payroll locally in each country or region rather than centrally. This approach allows businesses to comply with local laws and pay employees in their local […]

Companies must decide which legal form to operate when entering new markets or expanding domestically. The most common options are to create a subsidiary or open a representative office The choice between these forms depends on the business’s goals, the scale of its operations, legal requirements, and tax burden. A subsidiary is an independent legal […]

In today’s globalized world, businesses are expanding beyond borders, and talent mobility is more important than ever. Companies are investing in global mobility programs more and more to facilitate international assignments, relocations, and cross-border work arrangements. These programs help organizations attract top talent, streamline international operations, and ensure compliance with immigration and tax regulations. For […]

The liquidation of a company is a process that affects the interests of a business, its partners, the government, and the company’s employees. In Belarus, as in other countries, the reasons for liquidation can differ, from economic difficulties and changes in the market situation to strategic decisions of the owners. In this article, we will […]

An effective organizational structure is the backbone of any successful business. It defines how roles, responsibilities, and authority are distributed within a company, ensuring smooth operations and clear communication. Choosing the right structure can improve efficiency, decision-making, and facilitate overall business growth. However, with multiple organizational frameworks available, choosing the best fit for your company […]

Understanding the difference between exempt and nonexempt employees is important for both businesses and workers. These classifications determine pay structures, overtime eligibility, and work expectations. In simple terms, exempt employees receive a fixed salary and are not entitled to overtime pay, while non-exempt employees are paid hourly and qualify for overtime when they work more […]

The Hi-Tech Park (HTP) in Belarus plays a key role in developing the country’s IT industry, creating favourable conditions for IT companies and actively participating in educational initiatives. Thanks to the HTP’s efforts, a unique IT training system is being formed in Belarus, covering all levels of education — from preschool to higher education. Today, […]

Recently, the work of many IT specialists has not been tied to the office. With the development of remote employment opportunities, more and more people are choosing the lifestyle of digital nomads, specialists who travel to different countries while maintaining a stable income. In response to this trend, many states have started offering special visas […]

The Hi-Tech Park (HTP) in Belarus is a key driver in developing the country’s IT sector, providing favourable conditions for innovative companies and startups. The Supervisory Board plays a central role in the management and strategic development of HTP. It is responsible for making important decisions, coordinating the Secretariat’s proposals, and approving new residents. The […]