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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

Information about the work permit in Belarus

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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

Information about the tax systems of Belarus

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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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