Establishment of a limited liability company in Belarus
Opening a limited liability company in the Republic of Belarus is a not difficult process and takes a maximum of two weeks
All foreigners arriving in Belarus can easily open a company
Steps to open a limited liability company in Belarus
Passport translation
Belarus has two official languages. Therefore, you must translate the passport into Russian or Belarusian and certify it at the Office of Justice
Approval of the company's trade name
First you need to make sure that the trade name you have chosen is not registered in the commercial register by another company. Then you need to dictate the application and submit it to the appropriate commission. And these procedures are free
Then the trade name approval certificate is issued. This certificate is valid for one month from the date of its issuance
Determination of the legal address
A LLC may be registered only in non-residential premises. You must enter the information about the company's website into its charter and request the registration of the company
The Articles of Association
The Articles of Association must contain information about the size of the capital in Belarusian rubles. The law does not specify the minimum size of the share capital, so it is determined by the founder
Manager with Belarusian citizenship
It is necessary to find a company director whose nationality is Belarusian to establish the company. A foreigner can become a company director only after obtaining a special work permit
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Additional procedures
The decision to create a limited liability company
When creating an LLC, a founder's decision is issued on the establishment of the enterprise. It is necessary for this document to contain the following information
Adoption of the Articles of Association
Legal address
Type of company activity
The size of the authorized capital
Information about the director of the company
Constituent Assembly
It is held only if there is more than one founder. This association forms a personal meeting of the founders (or their representatives) to discuss issues and make decisions on the establishment of the company
Payment of company establishment fees
You have to pay the government fee for registration of a LLC, which is equal to a fixed unit of measurement-about 10 dollars
Submit the required papers for registration of the company to the Minsk City Executive Council
Registration of a LLC is carried out on the same day of filing papers. He must have an identity document
The company's Articles of Association is stamped by the employee of the executive board, which indicates the company's government registration
The next day after submitting the papers, the company registration certificate is issued and within 5 working days you will receive the document confirming the company's registration with the tax inspectorate, the Social Security Fund, the state insurance company and the Statistics Authority
It is necessary
After registering a LLC it is necessary to conclude an employment contract with the manager, accountant, purchase a seal, open the company's bank account, choose the appropriate tax regime and complete a number of other operations
You also need to submit the required documents to the tax authorities and the Social Security Fund and purchase an electronic signature opener
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Do you need help setting up a company in Belarus? Please contact us via WhatsApp or email
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