Frequently Asked Questions About Establishing a Firm in Belarus

Do I need a local address to register a company in Belarus?

Yes, it is required to have to a registered local address in Belarus to complete the necessary company registration and formation process. As Koluman Law, we help you to provide a physical address to meet establishment requirements.

Do I need a local registered agent to register a company in Belarus?

Yes, a local registered agent is needed to complete the company registration process in this jurisdiction. As Koluman Law Minsk, we will provide yu all necessary services.

How can I register a company name in Belarus?

The registration of a company name begins with the filing of the appropriate documents, Law&Trust helps with preparation and compilation of the necessary documents ensuring it meets the requirements set out by the Companies Registry with regards to the approval of a company name.

Do I need a local director for the firm?

For the establishment yes, but after the establishment process a foreigner can be the director. As Koluman Law we will also help you with this procedure.

How much does it cost to register a company in Belarus?

The cost of registering a company in Belarus is EUR 850. the total cost includes the preparation of legal documents, company registration, stamp, payment of all taxes and fees at the time of registration and legal address for the company (a year).

How long does it take to register a company in Belarus?

It takes 5 days to complete the company registration process in Belarus.

Tax liabilities for foreign businesses in Belarus

· Company tax rate - 18%

· Personal income tax – 12%

· VAT rate – 20%

· Company tax rate (with VAT) – 3%

· Company tax rate (without VAT)- 5%

The tax liabilities in Belarus vary depending on:

· The type of ownership of your business;

· The size of your business;

The location of your business;