On the territory of the Republic of Belarus, foreigners can open a company of any organizational-legal form. Often, the service is used by investors who conduct various business activities. As a rule, foreign individuals invest in trade, production and IT. As a rule, foreign individuals invest in trade, production and in the IT sector. Businessmen from a large number of countries come to the Republic of Belarus. The maximum level of activity was recorded among businessmen from the Russian Federation, the EU, China and the United States.
Opportunity for foreigners to register a company in Belarus.
Foreign persons have qual rights with residents of Belarus to become a member or to register newly established legal entity in the Republic of Belarus. For a better understanding, we present several requirements that must be met by the participant/ founder of the Belarusian company:
1. Individuals – citizens of any country with full legal capacity in accordance with the laws of the state of residence, provided that they reach the age of 18 years.
2. Acting foreign legal entities of any organizational and legal form (without initiating liquidation or bankruptcy proceedings against them).
Important factors when choosing the form of a legal entity for a foreign business:
1. If the owner of 25% (or more) if the company is a legal entity, then such an organization cannot switch to a simplified taxation system.
Differences in the legal status of the founder affect the list of documents that the business owner must provide when registering a company in the Republic of Belarus.
Foreign companies must collect the following package of documents:
A legalized extract from the trade register of the country of establishment or a similar act certifying the existence of the company (issued by state authorities and issued in accordance with the provisions of the legislation) with a translation into Belarusian or Russian.
If the founder is an individual, it is enough to provide a notarized copy of the passport with a translation into Belarusian or Russian.
It should be noted that the authenticity of documents issued by government agencies of foreign countries, is certified in various ways:
1. There is no need to legalize documents with the official seal of the Russian Federation.
2. It is necessary to affix an Apostille (for example, EU, USA, Morocco, Australia).
3. Consular legalization (for example, almost all Arab states, Singapore and Canada).
Registration of LLC in Belarus
from 110 $
Turnkey LLC registration. We also offer subscription legal and accounting services.
Registration of companies for residents of the Russian Federation
from 250 $
The procedure for the provision of legal services for the registration of a legal entity in the Republic of Belarus as a citizen of the Russian Federation with the involvement of legal services by our organization.
Company registration for non-residents
from 250 EUR
The procedure for the provision of legal services for the registration of a legal entity in the Republic of Belarus of a foreign jurisdiction with the involvement of legal services by our organization.
Opening of CJSC
from 500 $
A closed joint stock company (CJSC) is a commercial organization whose authorized capital is divided into shares.
Opening a branch
from 200 $
A branch is a separate subdivision of a legal entity. The advantage of the branch will be the ease of creation and, subsequently, closing.
A legal entity with foreign participants can be headed by a founder or any third party. Head of the organization can be a foreign person as well. Requirements for registration vary depending on the country of citizenship.
The following options are possible:
If it is necessary to obtain a special permit, should be borne in mind that the application for obtaining a permit can be considered for at least 15 days. If the future manager is not the founder of the organization, then the consideration of the application may take up to 45 days.
Briefly tell us about this nuance is quite difficult. If we consider the basic taxation, it makes sense to describe the complexes of taxes: STS and GTS, as well as taxes which are deductible from employees' salaries. Payments that form 90% of the tax burden for the majority of businesses in Belarus will be considered.
In case of choosing simplified taxation, the payer is obliged to pay tax in the amount of 5% of gross receipts without VAT or 3% with VAT. The value added tax value is 20%.
If the general taxation system is chosen, income tax in the amount of 18% is charged from the proceeds. At the same time, additional taxes need to be paid that do not create a burden on the business.
Features of the simplified tax system:
The predominant amount of the tax burden is payroll taxes. The enterprise collects from each employee and transfers to the budget 13% of wages in the form of income tax and 1% of salaries as a contribution to the Social Security Fund. The employer pays pension insurance in the amount of 34% of the salary and 0.2% of the salary in the form of accident insurance.
At the moment, the establishment of a Belarusian company by a foreign person is not a basis for granting benefits. At the same time, foreigners can enjoy standard benefits.
These types of benefits are divided into territorial regimes and regimes by type of activity. The most important regimes are:
A nuance in the regime of benefits for rural areas and small settlements is their provision to producers of goods and services on the basis of their location. At the same time, other territorial regimes provide for the observance of additional formal procedures.
The main category of benefits for enterprises in IT sector is the Hi-Tech Park. HTP residents can be representatives of the custom or grocery sector. Benefits are provided, among other things, to mining and cryptocurrency trading companies. The HTP has both dedicated premises for carrying out activities, and provides the opportunity to carry out activities outside the physical boundaries of the HTP.
You can get detailed information about the benefits for each regime by reading the relevant publications on our website. It is worth noting that most of the benefit regimes allow you to save 50% or more on income tax, VAT and pension insurance tax.
On an individual basis, foreigners can receive benefits after signing an investment agreement with the Republic of Belarus. Basically, such cooperation attracts investors who plan to invest a significant amount of money, but they need to provide a land plot for doing business.
You contact us by phone, email or through the "application form" from our website
We will send you a questionnaire to determine the needs of your organization and prepare an individual commercial offer for you.
CONCLUSION OF THE CONTRACT
We make an appointment at your or our office, agree on the terms of service with you and conclude an agreement.
A personal lawyer and the required number of specialists to support your business are assigned to you as a contact person.