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Business

Business in Belarus

Belarus is today a favorable environment for business development. This fact often attracts foreign investors and subsequently they come to our country to earn money on favorable terms. That is why we devoted a whole section to the topic of business in Belarus. Here you will find information on how to open your company in our country, what taxes you will need to pay for your business, how to open a representative office. In addition to this, rental of premises is also important issues. After all, the success of your business depends on where your office or store will be located. If you decide to open your own business, and you do not have start-up capital, it will be useful for you to go to the section “Opening a bank account for business”. It is also important to know the free economic zones of our country. You will find this and much more in this section.

What can be found in the "Business" section?

Opening the company

In this subsection you will find information about the procedure of opening a company in Belarus. To begin with, it is worth familiarizing yourself with the types and types of companies in our country. Next you will find a description of each type of company. Next, you will be presented with a detailed and step-by-step description of how to open a company in Belarus. There are several options and ways to register a company in our country. All of them are also described here. Ultimately, the section also has a list of frequently asked questions. And even if you do not find the answers there, you can ask your question.

Taxes

The tax system of our country is constantly and continuously improving. In our country, the general taxation procedure is applied, as well as special taxation regimes. What are the types of taxes in our country? And you will find this information in this subsection. In addition, here you will find interest rates and a description of each type. What is a simplified tax system (STS) and how does it work? What are the rates for the simplified tax system? You will find answers to these questions here. In addition, in the section "Taxation" you can ask your questions.

Opening of a representative office

What is a representation? This is a separate division of a foreign company in another country. And this unit represents the interests of a foreign company outside the country. Representation objectives are described in detail here. To open a representative office in Belarus, you need to do a number of actions: get permission to open a representative office, register with government agencies and state organizations, and open a bank account and more.

Rental of offices

Any company, going beyond the framework at the Internet level, thinks about renting a room. But where to find an office for rent? What is the cost of renting an office? what is the utility bill? Answers to these and other questions can be found in the "Rental of a room" section.

Opening a bank account for a business

In order to start a business, you need to open a bank account for the needs of this business. The next logical step is to choose a reliable and convenient bank. In Belarus, at least ten banks are currently operating stably. Each of them offers favorable conditions. In this section you will find tips on which bank is better to choose. It is also worth considering what documents are needed to open a bank account.

Free economic zones

A free economic zone is a part of the territory in which a special legal and economic regime operates. You will read more about this in this section. Here you will find information about various tax preferences in different territories. It also describes the benefits of investing in FEZs.

China-Belarus Industrial Park

The China-Belarus Industrial Park "Great Stone" is a special economic zone of Belarus. The purpose of its creation was to attract investment for the development of competitive industries in our country. The section describes in detail the tax benefits of the park. In addition, you can be a resident of an industrial park. How to become one? You will find the answer in this section.

High-Tech Park

High Technologies Park (HTP) is a special economic zone of Belarus, created with the aim of developing scientific innovative projects. What is HTP? Interesting facts about HTP. In this section you will find a lot of interesting information regarding the innovative development of our country. Why is it profitable to be a resident of HTP? For example, because you do not need to pay VAT (value added tax), unlike other areas where it and a few more taxes make up a decent amount. How to become a resident of HTP? What activities does the HTP resident do? Look for answers to these questions in the High-Tech Park section.

IT business and technologies

Belarus is the most comfortable place to conduct IT business. In 2005 the High-Tech Park was created. But you can conduct business both as a resident of the park, and not being him. However, residents of the High-Tech Park have their own privileges in running an IT business. You can read more about these things in this section.

Cryptocurrency and cryptobusiness

The crypto business in Belarus is a completely new phenomenon. In our country, it began to operate in 2018. In the section "Cryptocurrency and crypto-business" you will find a lot of information about the implementation of crypto business in Belarus. In addition, the requirements for crypto business in our country are described in detail.

Marketing and PR (Public Relaions)

Advertising is nowadays a life partner at every turn. We see it everywhere: on TV, on the radio, on the Internet, on prospectuses, on banners and even on word of mouth. In the section "Marketing and PR" you will read about the benefits of working with advertising agencies and many other interesting information.

Famous Belarusian brands

Today we increasingly prefer foreign brands, but do not forget that our country is developing more and more and modern Belarusian brands are appearing. Belarus is developing in different directions: light industry, heavy industry, information technology, food industry. As for the food industry, we have our own famous factories for the production of meat, fish, dairy products, which have established supplies abroad of Belarus. You can read more about these plants and in general about the food industry in the subsection "Food industry". About information technologies in Belarus, namely: about the largest IT companies, about investments in information technologies in Belarus, about international IT companies in Belarus and much more, you will read in the section "Information Technologies". The Heavy Industry subsection will tell you about the development of heavy industry in our country. You will read about the development of light industry, as well as the famous factories and plants of this industry in the subsection "Light industry".

Business postal services

Despite the development of the Internet industry, we do not stop using mail services. To date, mail service in our country is very well established. Belarus also has international postal services: DHL, UPS, FedEx, TNT. You will read detailed information about them in the section "Postal Services for Business".

Business blog

In the section “Business Blog” you will find various business blogs of Belarusian entrepreneurs, as well as information blogs.