What is the principle of registering companies in Belarus?

Registration of a company in Belarus is carried out by one window principle in the City Executive Committee.

How long does it take to register a Company?

Company registration process takes 5 working days.

How much does it cost to register a legal entity?

The amount of the state duty is 0.5 base unit (approximately 5$ on 03/10/2022). Some categories of citizens are entitled to benefits and may not pay the contribution.

What form of business is the most popular in Belarus?

The most popular form of business is an individual entrepreneur, a unitary enterprise, an open joint stock company, a closed joint stock company and a limited liability company.

Where can i find applications forms and other documents?

The documents are publicly available at egr.gov.by.

How long does it take to receive a license a necessary permit?

Documents on the issuance of a license are considered for about 30 days after which a decision is made.

What is the corporate tax rate in Belarus?

Corporate tax - 18%.

What is the VAT rate in Belarus?

The standard VAT rate is 20%, whereas the preferential rate is 10%. All telecommunication services are subject to VAT at the rate of 25%.

What is the property tax rate?

It is paid annually by the property owners. Individuals are subject to real property tax at a flat rate of 0,10%. Companies are subject to real property tax at flat rates ranging from 1% to 2%.

What is the land tax rate in Belarus?

Buildings and constructions, including houses, garden houses, villas, accommodations (apartments, rooms), and farm buildings, construction in progress, as well as car parking spaces, owned by individuals are subject to real estate tax at the basic rate of 0.1%. In certain cases, coefficients to the basic rates apply. The tax base is defined based on the estimated cost of 1 sq. m. of a typical real estate object (such cost is established by law).

How is trade tax calculated in Belarus?

From 6 % to 16 %, depending on the form of ownership.

How is the tax calculated?

You can use calculators to calculate some taxes and deductions on the website of the State Tax Service

Is it possible to register online?

Yes, on the website https://egr.gov.by/egrn/.

What documents are required to open a company account in a bank of Belarus?

List of documents for opening an individual entrepreneur account:

-          Application form for opening an account

-          A copy of the certificate of state registration.

-          Client Questionnaire

-          Card with sample signatures of officials and seal imprint

-          Identity document or power of attorney

List of documents for opening an account for a legal entity:

-          A copy of the charter (memorandum of association - for clients acting only on the basis of a memorandum of association), which has a stamp indicating state registration (certified by the client) and the original for comparison.

-          Application for opening a bank account

-          Client Questionnaire

-          Card with sample signatures of officials and seal imprint

-          Identity document - for all persons authorized to manage the account (everyone who will be in the card with sample signatures of officials and seal imprint).

-          Documents confirming the authority of the head. Depending on who is delegated authority, you need to provide a certain package of documents.

-          A power of attorney or other document confirming the authority to dispose of funds in bank accounts (for a client representative).

What banks are there in Belarus?





Paritet Bank






At what stage is the sphere of e-commerce in Belarus?

In 2021, Belarusian online stores increased sales by 25%, to 3.4 billion rubles, according to the Deal.by marketplace. As a result, the share of e-commerce in the country's retail turnover reached 5.8%.

How many online stores operate in Belarus?

As of the 1 of September 2021, the number of online stores registered in the Commercial Register was 27 274.

What has stimulated the development of e-commerce in Belarus?

In Belarus, as well as all over the world, the development of the e-commerce field is driven by the increasing use of the Internet, credit cards and online banking. The vast majority of companies have their own websites/communities in social networks. Some supermarkets and other stores accept online orders through their websites.

Which E-commerce sites are the most used in Belarus?

Kufar.by, deal.by, catalog.onliner.by, market.yandex.by, shop.by, 1k.by. All of them allow users to buy and sell goods and services on the Internet.

What startup support programs exist in Belarus?

Belarus is ranked 30th out of 190 countries in the World Bank's Starting a Company rating. Belarus has a large number of incubators and accelerators for startups, co-working spaces and business hubs. Also, conferences and seminars for startups are held annually, the most famous being GEW Belarus and Venture Day Minsk.

What recruiting agencies are in Belarus?

Rabota.by and praca.by are the most popular job search services.

There are also a number of recruitment agencies in Belarus: HUNTRESS, Manpower, Personalinvest, SCHNEIDER GROUP and etc.

What Co-working spaces are in Belarus?

Name – HUB№1

Address - Pinskaya street 28, Minsk

WEB-address - http://hub1.by/


Name – Работаем!

Address – Kuibyshev street 35 and Kuibyshev street 22, Minsk

WEB-address - https://rabotaem.by/


Name – КБ-16

Address - Ya. Kolas street 16, room. 203, Minsk

WEB-address - https://library.bntu.by/kb16


Name – Who is John Galt?

Address – Shornaya street 20, Minsk

WEB-address - https://www.john-galt.by/


Name – Office 13

Address – Revolutionary street 13; Freedom street 2, Minsk

WEB-address - https://infoffice13.by/


Name – Alpha business hub

Address – Nemiga street 5, Minsk

WEB-address - https://hub.client-club.by/

How can startups in Belarus attract funding?

Belarusian startups are still trying to attract investments from abroad, however, several companies are already operating in the country, ready to invest in innovative projects: Zubr Capital, RBF Ventures, Bulba Ventures, Haxus, EBRD Venture Capital, AngelsBand.

What is the possibility of using blockchain technology in Belarus?

In 2017, Belarus issued Decree No. 8 “On the Development of the Digital Economy”, which established the possibility of concluding transactions through smart contracts.

In 2019, Decree of the President of the Republic of Belarus No. 148 “On Digital Banking Technologies” was issued, which provided the opportunity for the National Bank and participants in the identification system in relations with third parties or between themselves to conclude transactions in banking, other financial transactions and other activities through a smart contract.

In 2020, Resolution No. 428 “On the Commission and (or) Execution of Legally Significant Actions through Smart Contracts” was issued, which establishes the requirements for smart systems, the conditions for making transactions through smart contracts and the procedure for making them.

What startup accelerators are there in Belarus?

KrokIT is a startup accelerator that aims to support IT startups, online businesses, hardware devices, entrepreneurs.

Launch me is the first ever media startup accelerator in Belarus. 
The accelerator was launched in Minsk, in October 2018.
Our goal is to create an ecosystem for the development of startups at the junction of media and technology in Belarus. An initiative by Press Club Belarus and SPACE, in partnership with the British Embassy in Minsk.

TechMinsk. Founded in 2013 with the support of USAID and based at Imaguru Startup HUB, TechMinsk is designed to help top innovative startups from the region scale globally. Through 12 completed batches we created a cohort of startups operating today in different parts of the world.