This article is a working compliance calendar for a Belarusian company — a one-page reference for the major filings a typical foreign-owned subsidiary makes each year. The promise in the title needs a small caveat up front: filings genuinely vary by company circumstances (tax regime, VAT registration status, company size, industry), so no single calendar covers every Belarusian company perfectly. What follows fits the typical case: a general tax regime LLC with foreign ownership, mid-size, no special licensing. Variations are flagged inline.

A second framing matters more: specific deadlines, thresholds, reporting forms, and tax rates change over time. The calendar below is current as of the date of writing, but any actual filing deadline should be verified against the tax authority, the legal information portal, and your accounting service’s current schedule before you commit to a date. A working compliance system runs off current sources, not blog posts. We’ve structured the article for orientation and reference; it’s not meant as a substitute for your accountant’s calendar.

Below: categories of obligations, the month-by-month calendar, the obligations that don’t fit calendar structure, how compliance gets run in practice, and the signals that warrant a compliance review beyond the regular schedule.

The categories of annual compliance obligations

A Belarusian company’s annual compliance runs across several categories. Understanding the categories before looking up specific dates helps make sense of the calendar:

• Tax filings. VAT, profit tax, payroll/personal income tax, social security contributions, real estate tax, land tax, environmental tax where applicable, and sector-specific taxes. The largest category by volume and the most date-sensitive.
• Statistical reporting. Various forms filed with Belstat based on company size, activity, and ownership structure. Frequency varies (monthly, quarterly, annual).
• Accounting and financial reporting. Annual financial statements filed with the tax authority. Audit report where the company falls within mandatory audit triggers.
• Labor and HR. Payroll, personnel records, safety documentation, and annual leave scheduling. Day-to-day rather than calendar-driven for most of it, but year-end items show up in the calendar below.
• Corporate governance. The annual shareholders’ meeting and its decisions on financial statement approval and profit distribution.
• Banking and currency control. Where the company has foreign-currency transactions or foreign accounts, additional reporting is required through the National Bank framework.
• Sector-specific licensing. License renewals, industry certifications, and sector-specific reporting where the company holds licenses or operates in regulated sectors.

A note about variation: VAT registration status, tax regime selection (general, simplified, or HTP residency), company size relative to monthly-versus-quarterly thresholds, industry, and foreign-ownership-specific requirements all affect which obligations apply and on what cadence. The calendar that follows is built for the typical case.

The calendar: filings by month

Each month below lists the main filings due, with notes on what’s specific to that month. Several filings recur every month — primarily monthly VAT (for monthly-VAT filers), payroll personal income tax, and social security contributions — and they run on roughly the same dates each month. These are noted at the start of each month rather than repeated verbatim.

Standard monthly recurring filings: monthly VAT return (typically by the 20th of the following month) and payment (by the 22nd), payroll personal income tax (by the 22nd of the following month), and social security contributions to FSZN (by the 22nd of the following month). Where a month notes additional filings below, these recurring ones are due in addition.

January

January is a transition month — closing out the previous year while starting the new one’s compliance cycle.

• Standard monthly recurring filings for December (VAT, payroll PIT, social contributions) — note that filings for December are due in January under the standard pattern.
• Quarterly VAT return for Q4 (for companies on quarterly VAT, by the 20th).
• Profit tax Q4 quarterly return and payment of any outstanding amount for the year.
• Year-end statistical reports begin to fall due — specific forms depend on company size and activity.
• Annual updates: review of tax rates, base unit value, reporting form changes, and threshold adjustments for the new year.

February

Standard monthly filings continue. February typically has fewer additional items than January or March.

• Standard monthly recurring filings for January (VAT, payroll PIT, social contributions).
• Certain annual statistical reports continue to fall due through February.
• Preparation of annual financial statements typically intensifies in February for a March filing deadline.

March

Major month for annual filings. The compliance load in March is significantly higher than in other months for most companies.

• Standard monthly recurring filings for February.
• Annual profit tax return for the prior year (verify current deadline against tax authority guidance).
• Annual financial statements filed with the tax authority — typically by 31 March, but verify the current deadline.
• Year-end statistical reports continue. Major annual statistical forms are due in this window.
• Audit reports for mandatory-audit companies should be in final form for filing alongside financial statements.

April

April covers Q1 quarterly filings plus the standard monthly pattern.

• Standard monthly recurring filings for March.
• Quarterly VAT return for Q1 (for quarterly filers, by the 20th).
• Profit tax Q1 quarterly return and payment (by the 22nd).
• Annual shareholders’ meeting preparation — for most LLCs, the AGM deadline approaches in the spring/summer window.

May

May is a relatively routine month. Standard monthly filings without major additional items, with the AGM preparation continuing.

• Standard monthly recurring filings for April.
• Annual shareholders’ meetings may be held in May for companies preferring earlier scheduling. Documentation of the meeting decisions (approval of financial statements, profit distribution decisions) needs to be properly recorded.

June

June marks the typical statutory deadline for annual shareholders’ meetings for most LLCs. Verify your company’s specific deadline against its constituent documents and current legislation.

• Standard monthly recurring filings for May.
• Annual shareholders’ meeting — for most LLCs, must be held by 30 June (verify current statutory deadline for your specific situation).
• AGM decisions on profit distribution trigger dividend planning if dividends will be paid. The dividend payment timing and withholding tax treatment can vary; see our dividends-to-foreign-shareholders article for the broader framework.
• Mid-year tax position review — a useful internal practice point, not a statutory filing.

July

July covers Q2 quarterly filings.

• Standard monthly recurring filings for June.
• Quarterly VAT return for Q2 (for quarterly filers, by the 20th).
• Profit tax Q2 quarterly return and payment (by the 22nd).
• Mid-year statistical reports for some forms.

August

Routine month with standard monthly filings. August often sees lower compliance activity overall — many Belarusian businesses and accounting services run reduced schedules due to vacation patterns. Standard deadlines still apply.

• Standard monthly recurring filings for July.

September

September returns to normal compliance rhythm after summer.

• Standard monthly recurring filings for August.
• Q3 planning — preparation for Q3 filings in October.

October

October covers Q3 quarterly filings.

• Standard monthly recurring filings for September.
• Quarterly VAT return for Q3 (for quarterly filers, by the 20th).
• Profit tax Q3 quarterly return and payment (by the 22nd).
• Statistical reporting for Q3 forms.

November

Routine month. Standard monthly filings plus year-end planning preparation.

• Standard monthly recurring filings for October.
• Year-end planning starts — preparation for annual filings due in Q1 of the following year, tax position assessment, dividend planning decisions for the AGM the following year.

December

December is significant for year-end closing work, though most year-end filings actually fall due in January-March of the following year.

• Standard monthly recurring filings for November.
• Year-end inventory and accounting closing work — the work itself happens in December, but the filings flowing from it fall in subsequent months.
• December payroll and bonus payments — typical December activity that flows into January’s payroll PIT and social contributions filings.
• Annual cap on certain compliance items (e.g., base-unit-value-indexed thresholds) is fixed by year-end.

A reminder on verification: the dates noted above are current as of the article’s writing. Tax authority guidance, statutory amendments, and procedural updates can shift specific deadlines. Always verify your filing dates against current sources before relying on them.

Obligations that don’t fit the calendar

Some compliance obligations don’t fit the calendar. They’re event-triggered, and they split into three categories that need different tracking approaches.

Routine events — things that happen often enough to need workflow integration rather than ad-hoc tracking.

• Corporate changes. Capital changes, share transfers, director changes, and registered address changes. Each event has a filing window counted from the event date. Build this into the workflow that produces the underlying change: when the board passes a resolution, the registration filing is part of the same workflow, not a separate task.
• Cross-border payments. Foreign-currency transactions trigger currency-control reporting through the National Bank framework. Companies with regular cross-border activity integrate this into day-to-day banking. Our bank account framework covers the broader picture.

Exceptional events — things that happen rarely but require a structured response when they do. Need contingency planning, not routine workflow.

• Tax audits. Trigger their own response timelines (document production, written responses, appeals). Override the regular calendar entirely while active.
• Sanctions screening events. Newly-listed or newly-sanctioned counterparties can trigger filing or notification obligations. See our sanctions compliance article for the response framework.

Threshold-driven events — things with predictable triggers tied to thresholds or anniversaries. Need annual monitoring.

• Mandatory audit triggers. Crossing size, ownership, or activity thresholds creates additional annual obligations. Companies near thresholds review their position annually.
• License renewals. Pegged to the issue date rather than the calendar year. Build a calendar of the company’s specific license anniversaries.

The practical implication: each category needs a different system. Workflow integration for routine events. Contingency planning for exceptional events. Anniversary monitoring for threshold-driven events. Companies that try to handle all three through the same tracking system tend to miss items in at least one category.

Running compliance: in-house, outsourced, or split

Most foreign-owned Belarusian companies don’t run all compliance in-house. The typical division of labor: outsource the day-to-day filing work to a local accounting service, keep strategic compliance decisions at the company level, and coordinate with the parent group on cross-border items.

Outsourced to local accounting: day-to-day filings, payroll, social contributions, and statistical reports. By far the most common arrangement. The local service files through the electronic declaration system using either their own electronic signature or one operating under a power of attorney from your director.

In-house at the company level: strategic decisions like regime selection and governance scheduling. Oversight of the outsourced provider’s work. Sanctions screening. Currency-control planning. For most foreign-owned LLCs, this sits with a local director or financial controller, often coordinating with the foreign parent’s compliance function.

Parent-company level: group consolidation, transfer pricing documentation, treaty positions for dividend payments to foreign shareholders, and cross-border tax planning. The parents’ tax and finance teams typically own this work, with input from local Belarusian counsel where Belarusian-side documentation or filings are involved.

What foreign directors should monitor monthly: the outsourced provider’s filing confirmation reports, any communications from tax or other authorities, any deadline misses or near-misses. Most compliance problems for foreign-owned Belarusian subsidiaries come from coordination gaps between in-house and outsourced providers — not from technical filing errors by competent providers. Our running a Belarusian subsidiary article covers the broader operational picture for foreign directors managing from abroad.

When the calendar shifts: signals to watch

The calendar in this article is stable in its broad outlines, but specific items change. Triggers for a compliance review beyond the regular schedule:

• New year (especially January). Annual updates to tax rates, base unit value, reporting forms, and thresholds typically take effect at the start of the calendar year. A January compliance review with the accounting service identifies changes that affect year-end planning.
• Major legislation changes. Substantive amendments to the Tax Code, the legal framework for currency controls, or corporate law provisions can shift compliance obligations. Tax authority and legal-portal announcements signal these. Subscribing to update notifications from authoritative sources (or having your local provider do so) catches them.
• Company changes that affect the compliance category. Crossing turnover or headcount thresholds. Changing tax regimes. Adding licensed activities. Significant ownership changes. Any planned change of this kind warrants a compliance review before it lands.
• Counterparty changes affecting sanctions screening. New counterparties on the company’s customer or supplier list need screening; existing counterparties that become sanctioned during the relationship trigger response actions. The sanctions landscape has changed materially since 2022; companies should refresh their sanctions screening practices at a minimum annually.
• Banking changes affecting currency control. New foreign accounts, changes to cross-border payment patterns, or shifts in the company’s foreign-currency activity warrant a currency-control review.
• Industry-specific regulatory changes. For companies in regulated sectors (financial services, telecommunications, energy, healthcare, others), sector-specific regulatory changes can shift compliance requirements independently of the general framework.

Frequently Asked Questions

What’s the difference between monthly and quarterly VAT filing?

Belarusian VAT has two filing cadences. Smaller companies file VAT returns quarterly. Larger companies file monthly. The dividing line is turnover, with the exact threshold set by the tax authority and adjusted periodically — verify the current number for your company’s situation. For most clients we work with, the cadence is established early and stable for years at a time. Where it matters: companies whose turnover is approaching the threshold should monitor their position annually because crossing it (in either direction) triggers a change in filing frequency and the related operational adjustments that come with it.

When are annual financial statements due in Belarus?

The end of March for the prior calendar year is the deadline most companies work toward when they file with the tax authority. The general March-end timing has been stable for some years. Specific dates within March have shifted due to procedural updates, so verify the exact deadline rather than assuming it’s March 31. For mandatory audit companies, the audit report goes alongside the financial statements on the same general schedule. Where we see actual variation is at the company type level — some legal forms and sector-specific situations have different deadlines or filing requirements, which is worth confirming with your accounting service for your specific company.

Do foreign-owned LLCs have different compliance from Belarusian-owned ones?

Mostly the same calendar, with some additional layers depending on what your foreign-owned LLC actually does. The base compliance — tax filings, statistical reports, annual financial statements — runs the same for foreign-owned and Belarusian-owned companies of similar size. Where foreign ownership adds work: currency control reporting if you have cross-border transactions; transfer pricing documentation if you trade with the parent group at non-arm’s-length prices; sanctions screening if your parent group operates in or with sanctioned jurisdictions; dividend withholding compliance if you actually pay dividends abroad. Companies we work with often have one or two of these layers active rather than all four — which layers apply depends on the actual cross-border activity, not on foreign ownership itself.

What happens if we miss a deadline?

It depends on what got missed. In the cases we see most often, a single late tax filing (VAT, profit tax, payroll PIT, FSZN contribution) triggers a percentage penalty on the unpaid amount plus daily interest running from the original due date. Late statistical reporting is subject to administrative fixed-amount penalties for the company, sometimes for responsible officials individually. Missed corporate filings, such as the AGM or annual financial statements, with the tax authority also draw administrative penalties and can affect good standing for matters like tax-exemption status or registration.

A single missed deadline, promptly remedied, usually incurs a financial cost. Repeated misses are different. The pattern itself becomes the issue, and we’ve seen tax audits triggered specifically by repeated noncompliance rather than by any single missed return. The audit then digs into the broader compliance picture, not just the missed deadline.

Can a foreign director sign Belarusian tax filings?

Tax filings in Belarus are typically signed by the company’s authorized signatory — the director or a person holding a power of attorney from the director — and submitted through the electronic declaration system that requires a Belarusian electronic signature certificate. A foreign director without a Belarusian electronic signature usually delegates filing authority through a power of attorney to a local representative (often the company’s chief accountant or external accounting service). Foreign directors should not assume they can personally sign Belarusian tax filings without the necessary technical and legal setup.

How current is this calendar?

The calendar above describes the working compliance picture for Belarusian companies as of the date of writing. Specific deadlines, thresholds for monthly versus quarterly filing, reporting form requirements, and tax rates change. The article is a general orientation, not a substitute for current-source verification. For any actual filing, the deadline should be verified against the tax authority’s current published guidance, the company’s accounting service’s calendar, and, where relevant, the legal portal. A working compliance system runs off current sources, not blog posts.

Should we run compliance in-house or outsource?

Different kinds of work belong in different places.

Filing work — preparing returns, calculating taxes, submitting statistical forms — needs technical Belarusian expertise applied daily. Local accounting services do this efficiently because they do it constantly across many clients. Trying to bring it in-house means either hiring a full Belarusian compliance team for one company (expensive) or asking generalists to do specialist work (risky). Outsource to a local accounting service.

Decision work — choosing a tax regime, scheduling the AGM, deciding what corporate governance approach fits, planning sanctions screening for your specific counterparties — needs context that only the company has. The accounting service doesn’t know your business strategy; the parent’s tax team doesn’t know your day-to-day operating context. Keep this in-house at the company level, usually with the local director or financial controller.

Cross-border work — transfer pricing positions, dividend planning across the group, consolidating financial reporting up to the parent — sits naturally with the parent’s tax and finance teams, with input from local Belarusian counsel for the local-side documentation.

The reason hybrid wins: each kind of work goes where its expertise sits. The reason pure in-house and pure outsourcing both fail is that each forces one kind of work into the wrong place. Hybrid isn’t a compromise. It’s the correct division of labor.

Get your compliance calendar set up correctly from the start.

A working compliance calendar matters more than a perfectly comprehensive one. The typical foreign-owned LLC runs compliance reliably when three things are set up properly: a competent local accounting service handling day-to-day filings, clear coordination between the local service and the foreign parent, and an annual review to catch what’s changed in the regulatory environment.

Get in touch. For companies setting up new Belarusian subsidiaries, we help establish the compliance framework and connect you with accounting providers that fit your situation. For existing companies, we review your current compliance setup against the framework above and identify gaps. The conversation is about understanding your specific compliance picture, not about selling generic services.