You’ve registered the company. Now nothing moves until the bank account is open — no incoming payments, no payroll, no settling with suppliers. For foreign founders, this step is usually harder than the registration itself. Not dramatically harder, but less predictable. Each bank makes its own compliance call, and not every bank is the right […]
Opening a bank account is one of the first practical steps after registering a company. Without it, you can’t receive client payments, pay salaries or settle with contractors. Foreign founders often have the same questions: which bank to choose, whether a personal visit is required, and what to do if the application is rejected. Here’s […]
Liquidating a company in Belarus is a topic almost nobody writes about. Yet the question comes up regularly: the business has changed direction, the company is no longer needed, or the structure is moving to another jurisdiction. Simply stopping payments and walking away is not an option — the legal entity continues to exist, fines […]
Belarus has been through a difficult period for its IT sector. After 2022, some companies relocated and some specialists left. This is worth stating openly — it’s a real factor to weigh when making a decision. But the picture isn’t one-dimensional, and for specific business situations Belarus remains a strong choice. Here’s what’s actually happening. […]
The business plan is the single document that causes most rejections for HTP resident status. Not the type of activity, not the size of the company — the quality of this document. The HTP Administration returns applications with incomplete or incorrectly prepared documents within five working days, and the process starts over. Here’s what the […]
All three countries are actively competing for IT businesses, each with its own special tax regime, and each with nuances worth knowing before you sign anything. Let’s go through it properly. Georgia: Virtual Zone and new 2026 requirements Virtual Zone Person (VZP) status gives an IT company 0% corporate income tax on revenue from foreign […]
How Much Does It Cost to Register a Company in Belarus in 2026? One of the first questions any foreign entrepreneur asks is how much it costs. Fair question. But the honest answer is: it depends. And that’s not a dodge — it’s genuinely how it works. The costs of opening a company in Belarus […]
Opening a Limited Liability Company (LLC) is one of the most common ways to start a business in Belarus. This form of business combines management flexibility, structural transparency, and limited liability for its participants, making it suitable for both small and medium-sized businesses. For an entrepreneur just starting out, it is important to understand not […]
In today’s global economy, companies increasingly face the need to resolve disputes that extend beyond the borders of a single country. Foreign court decisions may affect the businesses, investments, and assets of Belarusian companies. However, obtaining the right to enforce such a decision in Belarus requires a separate recognition procedure. Recognition of a foreign court […]
Proper business structuring is the foundation of long-term stability, operational efficiency, and legal security. Regardless of the size of your operations, selecting the appropriate legal form helps minimize risks, optimize taxation, simplify the investment attraction process, and foster transparent relationships between partners. Entrepreneurs in Belarus can choose from several legal forms of doing business, including […]
