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Management services for Hi-⁠Tech Park residents in Belarus

End-⁠to-⁠end management for foreign tech companies in Belarus.

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Strategic management & compliance solutions for HTP residents in Belarus

Navigating the regulatory landscape of the Belarusian IT sector requires more than standard administrative support. For residents of the Hi-Tech Park (HTP), operational efficiency is directly linked to strict adherence to specific legal frameworks, most notably Decree No. 8. Our firm provides integrated management services designed specifically for HTP companies operating with international stakeholders.

We combine local legislative expertise with global business standards. Our team consists of English-speaking managers, accountants, HR specialists, lawyers, and tax consultants who have spent years managing compliance for foreign entities across multiple jurisdictions. We bridge the gap between Belarusian regulatory requirements and the operational expectations of international tech companies.

The HTP ecosystem: opportunities and obligations

The Hi-Tech Park in Belarus functions as a special economic zone with a distinct legal regime. While the tax benefits — such as the corporate profit tax exemption and VAT exemptions — are significant, they come with rigorous reporting standards. Misclassification of activities or incorrect payroll processing can jeopardise resident status.
Our approach focuses on sustainable growth within the HTP framework. We do not simply process documents; we align your internal processes with the Administration of the Hi-Tech Park requirements. This ensures that your company leverages all available incentives without exposing itself to regulatory risk.

Join Hi-Tech Park Belarus

Tax benefits. Legal clarity. Global scale.

Operational management every day — management services for HTP residents (Spex Advisers)

Operational management

For companies using Belarus as a regional development centre, we provide comprehensive acting management and administrative support. This includes day-to-day company administration, office logistics, vendor coordination, and end-to-end liaison with Belarusian state authorities — including the Ministry of Taxes and Duties, Ministry of Economy, Ministry of Labour, customs authorities, and the Hi-Tech Park Administration. Our managers handle regulatory correspondence, represent your interests during official inquiries, and ensure timely compliance with all statutory reporting obligations. Operating fluently in English, our team ensures seamless integration with your global management structure while maintaining full alignment with local regulatory expectations.

Tax accounting and reporting under Decree No. 8 — management services for HTP residents (Spex Advisers)

Tax accounting and reporting

Our accountants specialise in the Hi-Tech Park fiscal regime under Decree No. 8. We handle statutory reporting, transfer pricing documentation for cross-border agreements, and payroll taxation with correct application of HTP social security exemptions. We provide full representation during tax audits and resolve inquiries from the Ministry of Taxes and Duties. Our focus: audit-ready records and tax optimisation within Belarusian IT legislation.

HR under the Labour Code — management services for HTP residents (Spex Advisers)

Human resources and labour compliance

Retaining technical talent requires flexible HR policies within Belarusian labour law. Our consultants manage HTP-compliant employment agreements, including remote work provisions and visa support for relocating specialists. We implement legally recognised incentive structures, including ESOPs and bonus schemes, and administer payroll in BYN, USD, or EUR with correct application of HTP social security exemptions. We provide ongoing advisory on labour law updates and employee relations to minimise legal risk while supporting your talent strategy in Belarus.

Corporate documents and policies — management services for HTP residents (Spex Advisers)

Legal structuring and corporate governance

Establishing a compliant corporate structure is critical for foreign investors in Belarus. Our English-speaking legal team supports Hi-Tech Park residents with HTP registration, contract negotiation with the Park Administration, and drafting of IP agreements, NDAs, and client contracts under Belarusian law. We develop internal corporate policies — including labour, data protection, and anti-corruption frameworks — alongside regulator-mandated documentation on occupational health and safety, fire safety, and environmental compliance. Our corporate secretarial service maintains shareholder registries, prepares meeting protocols, and files changes with the Unified State Register in Minsk. We also conduct sanctions and AML compliance checks, providing foreign subsidiaries with the regulatory certainty required for sustainable operations in Belarus.

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Expert recruitment for HTP companies.

Top services

Statutory representation for HTP entities

We act as your complete local management team in Belarus. Our interim director and administrative specialists handle HTP registration, banking, and statutory compliance — representing your entity before the Hi-Tech Park Administration and state authorities. This enables immediate operational launch without hiring in-house managerial staff in Minsk.

HTP onboarding and compliance

End-to-end Hi-Tech Park admission under Belarusian law. We prepare HTP residency documentation, liaise with the HTP Administration in Minsk and track ongoing compliance to keep your tax incentives and regulatory benefits as a Belarus HTP resident.

Accounting for HTP residents

Full cycle accounting in the preferential regime of the Belarusian HTP. We apply National Accounting Standards with HTP-specific accounting for development costs and multi-currency transactions. Our team provides statutory HTP reporting and audit-ready documentation that meets international expectations.

Tax advisory for HTP companies

Corporate profit tax, VAT on software exports and payroll management within the framework of the Belarusian Tax Code and HTP legislation. We use development cost deductions and HTP-specific incentives for lawful optimisation, in full compliance with the Ministry of Taxes and Duties for Hi-Tech Park residents.

HR and payroll for HTP teams

Employee lifecycle management under Belarusian Labour Code and HTP labour regulations. As an HTP resident, you can hire foreign specialists without work permits — we handle employment contracts, visa support, and mandatory registrations. Payroll in BYN/USD/EUR includes accurate application of HTP social security exemptions and statutory benefits.

Procurement support for HTP operations

Vendor sourcing and contract administration for IT infrastructure in Belarus, tailored to HTP resident needs. We maintain procurement documentation compliant with Belarusian law and HTP reporting obligations — reducing administrative burden on your Hi-Tech Park technical team.

Office management for HTP centres

Lease execution and facility administration for your HTP-registered development centre. We handle compliance with local building and fire safety regulations for HTP premises — allowing your engineering team to focus on product development within the Hi-Tech Park ecosystem.

Financial leadership for HTP growth

Strategic financial oversight for foreign-owned HTP development centres. We provide cash flow forecasting, investor reporting, and KPI dashboards aligned with HTP operational metrics — delivering CFO-level expertise without a full-time Minsk hire for your Hi-Tech Park entity.

Regulatory liaison for HTP residents

We serve as the single point of contact between your business and the Belarusian state authorities — the HTP Administration, the Ministry of Taxes and Duties, and the Ministry of Economy among them. On behalf of your HTP entity, our team handles official correspondence, coordinates inspections, and resolves regulatory queries. By engaging proactively, we take the administrative load off your technical team and keep the entity in timely compliance with Belarusian legislation as it evolves for Hi-Tech Park residents.

Why clients rely on our expertise

Team expertise

Each of our accountants and HR administrators has more than 10 years of professional experience.

Precision accounting

Each of our accountants is also a certified auditor, blending hands-on accounting with rigorous compliance expertise to deliver fully rounded support.

Compliance shield

All activities of our company and our clients are overseen by our tax advisors, who proactively eliminate any potential discrepancies with current legislation and mitigate compliance risks.

Global expertise

Our team has extensive experience in working with companies in crypto, fintech, blockchain, gambling, betting, IT outsourcing and product development in global jurisdictions. We use our strong GR network to support our clients’ business needs and solve challenges in an efficient manner.

Regulatory integrity

We maintain a strong reputation with the HTP Administration, actively support all Hi-Tech Park initiatives, and contribute regulatory improvement proposals. Our operations are strictly governed by internal compliance protocols aligned with HTP and national requirements.

Infrastructure problem solving

Our dedicated team delivers the agreed-upon services with ongoing support.

Why choose management services?

Flexible contractual framework

Engagement is based on a service agreement, providing enhanced client protection and the ability to terminate the contract with 30 days' notice. Unlike an employment contract with an internal director, this arrangement does not require severance payments or waiting for the contract term to expire to end the cooperation.

Tax-efficient engagement model

You pay only a fixed monthly management fee, while the management company handles all its own taxes and statutory contributions. When hiring an internal director, the company bears additional financial burden related to payroll taxes and social security contributions on top of the base salary.

Comprehensive expertise and local networks

By using management company services, you gain access to a director, accountant, HR specialist, lawyer, and tax consultant in a single setup. Additionally, the management company possesses an extensive local network, which positively impacts client processes in GR and regulatory engagement.

Rapid setup and institutional trust

There is no need to spend time recruiting a director in an unfamiliar location or granting bank account access to an unverified individual. We ensure immediate company incorporation and management, backed by our impeccable corporate reputation and proven track record.

Guaranteed business continuity

If a specific team member from the management company is unavailable or leaves, we immediately provide a qualified replacement without disrupting operations. With an internal director, such a situation creates critical risks of downtime and temporary loss of control over company activities.

Executive body provision at incorporation

When establishing a new legal entity, an executive body is legally required, yet foreign companies often lack a ready candidate. Even if you plan to hire an internal director in the future, a management company can assume initial management responsibilities and establish all key processes from day one.

FAQ

What is HTP?

HTP stands for Hi-Tech Park — a special economic zone designated by the government to foster innovation and development in the IT sector. Its residents enjoy significant tax benefits, including corporate profit tax and VAT exemptions. Beyond that, HTP companies operate within a simplified regulatory framework, gain access to a skilled workforce, and find real opportunities for international cooperation. Together, these advantages create a favourable environment in which IT businesses can thrive and contribute to the country’s economic growth.

Why does a foreign company need a management company in Belarus?

A Belarusian entity must have a local executive body from the day of registration, and a work permit for a foreign director can only be obtained through an already functioning management body. A management company closes this gap: it acts as the statutory executive body and runs day-to-day management, accounting, HR and banking from day one, while the parent company keeps full strategic control.

How does a management company reduce costs for an HTP resident?

One fixed fee replaces a director, an accountant, an HR specialist and a lawyer on payroll. There are no payroll taxes on the fee, no severance and no cost of hiring and replacing staff, and every function has a backup person, so the company does not depend on one employee’s availability.

Do you handle office lease, utilities and vendor payments for HTP residents?

Yes. We negotiate and execute the office lease, pay utilities and vendor invoices, sign contracts with suppliers and keep procurement documentation in the form required for HTP reporting.

How is the management fee structured?

The fee is fixed and monthly, under a service agreement that defines the scope: statutory management, accounting, HR and payroll, banking and reporting. We send a proposal after the initial call, once we understand the size of the team and the volume of operations.

Why do HTP residents choose Spex?

More than 10 years of work with HTP residents, an English-speaking team, in-house accountants, HR specialists and lawyers, and direct working contact with the HTP Administration — questions are resolved quickly and without intermediaries.

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