Registration of Company in Belarus - setting up or registration of Company or Business in Belarus, Offshore Company | Law&Trust International

Registration of Company in Belarus

Cost of registrationПотому что...
400.00 USD
The cost of the second year: 
100.00 USD
Описание: 

Registration of a company in Belarus

The Republic of Belarus is situated in the heart of Europe, so its transport routes connect the CIS countries with the lands of Western Europe. Belarus has common border with Lithuania, Poland, Latvia, Russia,  and Ukraine. The capital of the republic is Minsk.

Being unitary republic, Belarus is controlled by the president.
The population of Belarus is about 9.4 million people.

The relief is predominantly plain. Agricultural lands occupy significant areas of the country. The main factors influencing the development of agriculture are temperate continental climate and presence of an extensive system of waterways. A large number of wetlands provides an important kind of fuel in Belarus that is peat.

Warm summers and mild winters are typical for Belarus. The warmest areas of the country are southern and south-western territories.

Forms of doing business in Belarus

Everybody predominantly seeks to register company in Belarus or business in Belarus in one of the following forms:

  • Limited Liability Company, LLC.

Legislative framework is the Belarusian law "On Business Associations".

Such company must have not less than two and not more than fifty shareholders. In the case when a company in Belarus has one founder, he can create a private unitary enterprise (PUE).
For LLC there is no standard amount of the authorized capital, but the term of its contribution is not more than a year.

  • Limited liability company (joint or foreign).

If authorized capital of the company in Belarus exceeds $ 20,000, it is possible to register FLLC. The authorized fund of the joint venture comprise share of foreign investors and shares of legal entities / natural persons of the Republic of Belarus.

Commercial organization with foreign investments should have 100 percent financing from the investor. It is important that authorized capital must be formed for at least half during the first year from the date of registration. Thus, each of the founders contributes half of its share,  and in full - within two years from the date of state registration.

  • Joint Stock Company, JSC and CJSC.

The minimum share capital for CJSC is approximately 870 €, for JSC is 3,500 €. Registration of shares is needed.

  • Representative office (you can choose either commercial or non-commercial forms).

Accreditation period constitutes 5 years, and it can be extended. Registration of representation takes at least one month.

Registration of company in Belarus: the main provisions.

Company name.
In order to register business in Belarus it is necessary to have a unique name of the legal entity. In case of using the name in foreign languages, it is necessary to be transliterated. Only firms in the capital of which there are share of state-owned assets can use the words“Minsk” and “Belarus”in their names.

Legal address.
In accordance with the Belarusian legislation, legal address of the company is the location of the Director General, of the Directorate, that is - of the permanent body.
Entrepreneurs use two forms of registration of legal address:
- Virtual office;
- Standard legal address.

Director General.
Resident of Belarus and foreign person can act as Director General. In this case the foreigner should receive formal request from the company to obtain appropriate licenses and attract labor force from other state (except for the Kazakhs and the Russians).

Participation of shareholders during company registration.

Founders are not required to be present in person, the registration of company in Belarus can be performed per power of attorney.

-Opening account.
Account of registered company can be opened in Russian rubles, Belarusian rubles, euros, and dollars. The procedure is executed by the local banks of Belarus.

Bookkeeping in Belarus

After completing the registration procedure and obtaining original documents, important step is submission of primary reporting (tax and statistical).
In the case of failure in submission of even a single quarterly report, even zero report, the company is subject to fine of $ 120.

We will help you quickly register a company in Belarus. Only with our professional help company formation in Belarus will take minimum of time and effort. Do not miss the opportunity to start your own business in Belarus today!

Financial statements: 
Да
Basic corporate tax rate: 
18.00%
Number of Directors: 
2
Set of documents: 
Ask our manager
Square: 
207 600.00
Population: 
9 460 700.00
Capital: 
Minsk
Unemployment: 
0.50
Place in the world in corruption: 
123
location: 
East Europe
National currency: 
Belarus Ruble
USD exchange rate: 
9 240.00
Climate: 
moderately continental, transitional from maritime to continental
The difference of time zones with Moscow: 
-1 hour
Telephone code: 
375
Official language: 
Belarusian and Russian
Ethnic groups: 
Belarusians - 83.7%, Russian - 8.3%, Poles - 3.1%, Ukrainians - 1.7%
Literacy rate: 
98.00%
Credit rating: 
В-
State polity: 
Republic
Executive authority: 
Council of Ministers
Legislative authorities: 
bicameral Parliament
The judiciary: 
city ​​and district courts - courts of first instance; regional, Supreme Court, Supreme Economic Court, the Constitutional Court.
GDP per capita: 
62
Minimum number of directors: 
2
The requirement for residency directors: 
Нет
Director of legal entities are allowed: 
Да
The data reveals to the local agent: 
Да
Data field to the public registry: 
Да
Meeting / regularity / place: 
раз в год
The requirement for the presence of the Secretary: 
Да
Requirement to the residense of the Secretary: 
Нет
Requirements to qualification of the Secretary: 
Нет
Legal entity as the Secretary: 
Да
Shareholders-legal entities are acceptable: 
Нет
Shareholders residency requirement: 
Нет
Information may be disclosed to the local agent: 
Нет
Data is entered in the public register: 
Нет
Information about the beneficiary is disclosed: 
Нет
Information about the beneficiary is disclosed: 
-
The minimum amount of the issued capital: 
No
Bearer shares: 
Нет
Possibility to issue shares without par value: 
Нет
Corporate tax rates: 
18.00%
Capital gains tax: 
Нет
VAT: 
Да
Currency control: 
Нет
Corporate tax rates details: 
Updated February 2018: Rate is 25% for banks and insurance companies.
Government duty: 
3 basic units
Stamp duty: 
Нет
The requirement for filing reports: 
Да
Open access to reports: 
Нет
Statutory audit: 
Да
The requirement for filing Annual Return: 
Да
Open access to the Annual Return: 
Да
The requirement for reports: 
Да
Treaty on avoidance of double taxation (States which signed): 
65
Membership in the OECD: 
Нет
Is it offshore according to Russian legislation: 
Нет
Opportunity to purchase ready-made companies: 
Нет
Terms of purchasing ready-made company: 
5 days
The use of the Cyrillic alphabet in the name: 
Нет
Local registered office: 
Да
Local registered agent: 
Нет
Местные директора: 
Нет
Nominee service: 
0.00
Всестороннее рассмотрение ТМ, первый класс: 
351.00
351.00
Всестороннее рассмотрение ТМ, дополн. класс: 
31.50
31.50
Запрос регистрации ТМ, первый класс: 
1 035.00
1 035.00
Запрос регистрации ТМ, дополн. класс: 
103.50
103.50
Свидетельство о регистрации ТМ, первый класс: 
517.50
517.50
Свидетельство о регистрации ТМ, дополн. класс: 
0.00
0.00
Примечание, ТМ: 
In Belarus, Trademark Registration Request covers up to 3 classes; therefore, the additional class fee applies to each class after the 3rd.
Итого, ТМ, первый класс: 
1 903.50
1 903.50
Итого, ТМ, дополн. класс: 
135.00
135.00
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