Business setting up
The issue on the legal form of a foreign company is one of the first issues that any organization that is not a resident of the Republic of Belarus, interested in developing its business on the territory of the Republic of Belarus, must solve.
Legal forms of the foreign companies with the right to do business in the Republic of Belarus:
- Establishment (incorporation) of a firm, of any legal form (Unitary Enterprise (UP), Limited Liability Company (ООО), Double Liability Company (ОDО), Joint Stock Company (ОАО), etc.);
- Registration of a construction site, installation or assembly facility of a foreign construction company;
- Registration of a Representative Office of a foreign company engaged in other types of activities.
Legal forms of the foreign companies without the right to do business in the Republic of Belarus:
- Establishment (incorporation) of the Representative Office of a foreign company.
Having chosen the most suitable legal form for your business, you will need to go through the necessary administrative procedures in the competent state authorities.
An interesting solution for your company may also be the registration of the company as a resident of the Hi-Tech Park.
The Hi-Tech Park is the only organization in the Republic endowed with the right to provide tax benefits on a systematic basis. The residents of the Hi-Tech Park are exempt from all corporate taxes, including value added tax and income tax. Individual income tax for employees of Park resident companies has a fixed rate of 9% and is not included in the total annual income.
The legal structure of the Hi-Tech Park is valid throughout the Republic of Belarus.
By contacting our Company, you will get:
- Advice on the legal forms of foreign organizations and their features in a language convenient for you (Russian, English, Chinese and others);
- Advice on choosing the best legal form for starting a company;
3. The service at your budget;
- Preparation of documents necessary for applying for the necessary administrative procedure (registration of a company, registration of a construction site, installation or assembly facility of a foreign construction organization, registration of a representative office of a foreign company doing other types of activities, establishment of a Representative Office of a foreign company, registration with HTP);
- The service of submitting documents to the appropriate state body without your presence in person or the service of submitting documents to the relevant state body accompanied by a specialist of our company with the provision of a car with a driver for your comfort;
- Preparation of documents on the appointment of an executive body (Director, Manager, Project Manager, Head of the Representative Office);
- Placement of an order for the purchase of corporate seals, inspection ledger and a customer comment book;
- Preparation of documents for: opening a bank account, making contributions to the authorized fund;
Accounting and personnel support during the first month from the moment of company registration (establishment of a Representative Office).
