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- About us
- Services
- Filing a claim to the International Arbitration court in Belarus
- Debt collection from business partners in Belarus
- Economic disputes
- Open Company in Belarus
- Arbitration court
- Mediation
- Service payment
- Construction and real estate in Belarus
- Protection of intellectual property in Belarus
- Corporate disputes in Belarus
- News
- Helpful information
- Our partners
- Contacts
- A suit in 10 minutes
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Open Company in Belarus
Introduction: why Choose Belarus for Your Business?
Opening a company in Belarus can be a strategic move for foreign investors seeking access to Eastern European markets, competitive operating costs, and a straightforward registration procedure. With its well-established legal framework and clear requirements, Belarus allows entrepreneurs to set up and launch a business in just a few days. In this article, we examine the main steps of the incorporation process, from selecting the ideal legal form to navigating taxes and banking, while highlighting how our experienced legal team can support you every step of the way.
Choosing the Right Legal Form
One of the first decisions for any investor is which legal form to select. In Belarus, the most popular option among international entrepreneurs is the Limited Liability Company (LLC), mainly because:
- It requires minimal share capital (from just 1 euro).
- It offers flexible management structures, allowing a single director or a small team.
- It provides limited liability protection.
Although other forms exist—like Additional Liability Companies (ODO), Private Unitary Enterprises (ChUP), and Joint Stock Companies (AO)—they tend to be less common among foreign entrepreneurs, primarily due to differing requirements for the number of founders or employees. Most foreign investors opt for an LLC, finding it to be both accessible and secure.
Belarusian Tax Regimes: Simplified vs. General
Belarus offers two main tax regimes:
- Simplified system (6%):This applies to the company’s revenue (without deducting expenses) and is subject to a revenue cap of 900,000 euros. If you exceed that threshold, you must switch to the general system.
- General system (20% + VAT):Here, the standard corporate profit tax is 20%, and the value-added tax (VAT) is also 20%.
Choosing the right approach depends on projected turnover and business structure. Many foreign investors find these regulations similar to what they have seen in other European jurisdictions, making the transition smoother.
Essential Steps to Register a Company in Belarus
Company registration (1 day)
The core of the process includes submitting a charter in Russian or Belarusian, providing a certified or apostilled translation of your passport, and filing a formal application. You will also need to reserve the company name through the Ministry of Justice website, where you can propose up to three options for approval. Beyond that:
- You must have a registered legal address, which can be a physical office (5–20 euros per square meter) or a virtual address (around 15 euros per month).
- The state fee for registration is about 10 euros.
- Local attorneys holding a power of attorney can submit documents on your behalf.
Once the documents are processed (generally within one day), it takes roughly five more business days for tax and social security registration. After this, you can set up a corporate bank account.
Banking in Belarus
Companies in Belarus are free to open accounts in multiple banks. Typical considerations include:
- Monthly service fees: Starting at roughly 10 euros for basic account maintenance.
- International payments: Different banks have varying proficiencies in managing cross-border transactions—some excel at payments to China, others to the EU.
- Digital access: Most banks offer online portals for web and mobile banking.
- Required documents: You will need the charter, the certificate of registration, and the director’s appointment documents. Opening a bank account typically takes one day, and most banks do not charge a fee for this service.
Accounting and Ongoing Compliance
In Belarus, every company must regularly file tax reports. You can:
- Hire an in-house accountant with a monthly salary starting from around 600 euros (including payroll taxes).
- Outsource to a specialized firm for about 150 euros per month.
- Manage your own accounting if you have the expertise to handle local reporting requirements.
To streamline communications with government agencies, obtaining an electronic digital signature (about 90 euros) is highly recommended. This tool facilitates online filing of reports and applications, enabling fully remote operations—an ideal solution for those not residing in Belarus.
Costs and Timeline Overview
Mandatory costs for opening an LLC in Belarus include:
- 10 euros (state registration fee).
- At least 15 euros per month for a registered address.
- About 10 euros per month for basic bank account services.
- Around 150 euros per month for outsourced accounting (if chosen).
- 90 euros for the electronic key (one-time fee).
Additional expenses can arise from translating documents or hiring legal experts, but overall, Belarus remains an affordable jurisdiction. Typically, the company registration itself can be finalized in a single day, with another week for finalizing banking, accounting, and administrative procedures if it is necessary for founder.
After establishing of company in Belarus you should receive licenses for some kinds of business, foreign workers should be registered in the migrations offices of Ministry of internal affairs. Professional legal support can help you in all mentioned questions.
Why Work with Our Legal Team?
Our firm has extensive experience in registering companies for foreign investors in Belarus, as well as abroad. More than 100 companies were registered by us for foreigners and in foreign countries. We frequently receive recommendations through our network of partners in 37 countries, reinforcing our reputation for swift and transparent results. With over 10 seasoned lawyers, each possessing 15–25 years of professional experience, we form dedicated teams for every project, ensuring maximum efficiency. Our director spent 20 years in economic courts, including 10 as a judge, giving us an unmatched understanding of local legal intricacies. We have received more than 100 positive client reviews attesting to our commitment, expertise, and ability to handle all corporate matters seamlessly.
Secure Your Future in Belarus Today
If you are ready to open a company in Belarus or would like expert guidance on selecting a legal form, managing banking relationships, and handling tax obligations, we are here to assist you. Our mission is to ensure your incorporation process is smooth, compliant, and tailored to your business goals. Leave a request for a consultation on our website below to discover how our legal team can facilitate a successful, worry-free launch in Belarus. We look forward to helping you tap into new opportunities in this dynamic market.

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