:
registration of legal entity

Cost of registration The cost of the second year Number of Directors Corporate tax rates Payment of Charter Capital Financial statements
350.00 USD 90.00 USD 2 18.00% No Yes

Belarus also has known officially as the Republic of Belarus is an eastern European nation bordered by Ukraine (south), Russia (northeast), Poland (west), Lithuania and Latvia (northwest). The capital of Belarus is Minsk. The official languages of Belarus are Belarusian and Russian, other languages like Polish, Ukrainian and Yiddish are spoken by minorities in this territory

The government of Belarus is Unitary presidential republic consisting of the National Assembly, the Council of the Republic and House of Representatives. The official currency of Belarus is Belarusian ruble (BYN). The population of Belarus is over 9 million people.

Belarus is a member of the United Nations, Commonwealth of Independent States, Eurasian Economic Union (EEU) and many more.

Benefits of Company Formation in Belarus

  1. No foreign currency control;
  2. No minimum share capital requirement;
  3. Double taxation treaties signed with 65 countries;
  4. Favourable tax regime and free economic zones;
  5. Developed infrastructural regimes;
  6. Strategic privatization options.

Business in Belarus: Types of Company

  • Limited Liability Company (LLC)
  • Additional Liability Company (ALC)
  1. Joint Stock Company
  2. Open Joint Stock Company
  • Closed Joint Stock Company
  • Unitary Enterprise
  • Branch Office/Representative office
  • Subsidiary office

Business in Belarus: Taxes

  • Company tax rate - 18%
  • Personal income tax – 12%
  • VAT rate – 20%
  • Company tax rate (with VAT) – 3%
  • Company tax rate (without VAT)- 5%

Bookkeeping in Belarus

  1. Annual financial return – Yes
  2. Annual audit - Yes
  3. Annual tax return – Yes

Company Formation Requirements

  • Certificate of Incorporation;
  • Company feasibility report;
  • Memorandum and Article of Association;
  • Legal registered address;
  • Directors’ and Shareholders’ register;
  • Share certificate;
  • Notarized passport copies;
  • Tax identification number;
  • Specimen signatures;
  • A minimum number of one shareholder and director.

How to Register a Company in Belarus: The Registration Process

Step 1. Law and Trust works with the client to get the company’s name and activity approval from the Companies Registry;

Step 2. Law and Trust works with the client to secure the Memorandum of Association (MOA);

Step 3. Law and Trust collects, prepares and files the necessary incorporation documents on behalf of the client to the relevant authorities for approval;

Step 4. Law and Trust works with the client to open a corporate bank account in Belarus;

Step 5. Law and Trust deliver the certificate of incorporation personally to the client or via courier service.

Belarus Company Formation FAQs

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

The cost of registering a company in Belarus is EUR350. the total cost includes the preparation of legal documents, company registration, 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 from 10 days to complete the company registration process 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.

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.

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.

Why Incorporate with Law&Trust International?

Benefits of company registration, formation, and incorporation services with Law&Trust International in Belarus include:

Full range of related services: Provision of a full range of legal, corporate, government, and business intelligence related services in Belarus. A detailed overview of our services includes full legal support of the company registration procedure, obtaining a legal address, interaction with the official government authorities of the jurisdiction, state fees, legal address of the company for a year, production and registration of company stamps and advising the client as part of the registration process. Opening a bank account and the cost of these services are discussed during the consultation.

Professionals and expertise of Law: Worldwide registration and legal maintenance of companies, accounting services, and audit, tax planning and optimization, trademark and patent registration. Law and Trust provide clients with the best company incorporation services.

Domestic service: Law&Trust ensure our services cover every region, area or state in Belarus. Be rest assured that no matter where the new company intends to incorporate in Belarus, we’ve got the location covered.

Free initial advice: Free consultation from the lawyers of Law&Trust International regarding strategies or the provision of services for analyzing and developing a legal position on an issue the client raises in Belarus.

Confidentiality: Law&Trust makes use of modern technological features to keep the records and details of every client safe.

Efficiency and productivity: Strategically providing up to date personalized services to help your business succeed.

Ready for Company Incorporation?

If you are interested in registering and incorporating a company in Belarus, contact Law & Trust International by simply sending an email or call now to take your business to the next level!

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General information
Square207 600.00
Population9 460 700.00
CapitalMinsk
Unemployment0.50
State polityRepublic
Telephone code375
Place in the world in corruption123
locationEast Europe
Climatemoderately continental, transitional from maritime to continental
Literacy rate98.00%
Ethnic groupsBelarusians - 83.7%, Russian - 8.3%, Poles - 3.1%, Ukrainians - 1.7%
National currencyBelarus Ruble
USD exchange rate9 240.00
GDP per capita62
Official languageBelarusian and Russian
Credit ratingВ-
The judiciarycity ​​and district courts - courts of first instance; regional, Supreme Court, Supreme Economic Court, the Constitutional Court.
Executive authorityCouncil of Ministers
Legislative authoritiesbicameral Parliament
Corporate information
Opportunity to purchase ready-made companiesNo
Terms of purchasing ready-made company5 days
The use of the Cyrillic alphabet in the nameNo
Local registered officeYes
Local registered agentNo
Shares and share capital
The minimum amount of the issued capitalNo
Bearer sharesNo
Possibility to issue shares without par valueNo
Taxation
VATYes
Basic corporate tax rate18.00%
Capital gains taxNo
Currency controlNo
Corporate tax rates detailsUpdated February 2018: Rate is 25% for banks and insurance companies.
Government duty3 basic units
Stamp dutyNo
Director and Secretary
Minimum number of directors2
The requirement for residency directorsNo
Director of legal entities are allowedYes
The data reveals to the local agentYes
Data field to the public registryYes
Meeting / regularity / placeраз в год
The requirement for the presence of the SecretaryYes
Requirement to the residense of the SecretaryNo
Requirements to qualification of the SecretaryNo
Legal entity as the SecretaryYes
Shareholder and beneficiary
Data is entered in the public registerNo
Shareholders residency requirementNo
Information about the beneficiary is disclosedNo
Information may be disclosed to the local agentNo
Shareholders-legal entities are acceptableNo
Reporting
The requirement for filing reportsYes
Open access to reportsNo
Statutory auditYes
The requirement for filing Annual ReturnYes
Open access to the Annual ReturnYes
The requirement for reportsYes
Treaty on avoidance of double taxation (States which signed)65
Membership in the OECDNo
Is it offshore according to Russian legislationNo
Trademark Registration
TM Comprehensive Study TM Registration Request TM Registration Certificate Total
First Class Additional Class First Class Additional Class First Class Additional Class First Class Additional Class
310.00 30.00 910.00 90.00 460.00 0.00 1680.00 USD 120.00 USD
«TRADEMARK» refers to «Wordmark» or «Logo»

310.00 30.00 910.00 90.00 460.00 0.00 1680.00 USD 120.00 USD
«TRADEMARK» refers to «Wordmark+ Logo»

Prices include all professional and official fees. If the change of official duties or exchange rates prices may vary.

В Беларуси регистрация торгового знака охватывает до 3-х классов; Таким образом, плата применяется только к дополнительным классам после третьего.
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