Your IT company name must be unique in Belarus and can be in English or Russian/Belarusian. It shouldn’t include restricted words like “Belarus,” “national,” or “state” without special permission. Popular approaches include using tech-related terms, abstract concepts, or coined words. The name must end with the organizational form (LLC, JSC, etc.) in your registration documents. We recommend preparing several name options as the registration authority may reject your first choice.

Standard IT companies in Belarus pay corporate income tax (20%), VAT (20%), social security contributions (34%), and other general business taxes. However, HTP residents enjoy significant tax benefits, including a reduced income tax rate of 9%, VAT exemption on many operations, and reduced social security payments calculated from the average national salary rather than actual salaries.

HTP residents receive substantial advantages through special taxation rules and business conditions. Residents benefit from a reduced 9% income tax rate and VAT exemption on many operations. They enjoy simplified foreign currency operations and reduced social security payments. Companies can import equipment without customs duties and hire foreign specialists without work permits. HTP membership also provides special regulations for intellectual property protection, simplified accounting procedures, and access to the valuable HTP business ecosystem and networking opportunities.

Yes, foreign citizens can serve as directors of Belarusian companies. They need to obtain a temporary residence permit or permanent residence permit. The company must assist with work permit documentation unless the company is an HTP resident, in which case the process is simplified. The director must be physically present in Belarus to sign certain documents and manage company operations.

We partner with specialized accounting firms experienced in HTP resident requirements and IT company specifics. These firms understand both general Belarusian accounting standards and special HTP regulations, ensuring compliance while maximizing available benefits. Their comprehensive services cover monthly accounting, tax reporting, payroll management, and consultation on tax optimization strategies for IT businesses.

We connect you with HR partners specializing in IT recruitment in Belarus. These experts provide comprehensive recruitment services including local IT talent sourcing, employee documentation support, salary market research, and competitive compensation package development. They also assist with employee relocation and provide guidance on local labor laws and HTP-specific regulations. Our network of trusted HR partners can be matched to your specific needs and company size.