Country: Belarus
Capital: Minsk
Continent: Eastern Europe
Language: Russian
Currency: Belarusian ruble (BYN)
Time Zones: GMT +2
Dial Code: +375
Abbreviations: BY

belarus company

Tax Rates in Belarus

Corporation Tax in Belarus: 18% (since 2012). The CIT rate for banks and insurance companies is 25%.

Income Tax in Belarus: Flat rate of 12%.

VAT Tax in Belarus: 20% 

Preferential investment regimes and terms of taxation

—Free economic zones (0% profit tax for 5 years; 10% VAT)
—High-Tech Park (0% profit tax for 15 years; 0% VAT)
—Industrial Park (0% profit tax for 10 years, 50% discount during the subsequent 10 years)
—Small and medium towns, rural areas (0% profit tax for 7 years).

Belarus Citizenship by Investment

Unfortunately there is currently no Citizenship Program Belarus.

How to get a visa to visit a Belarus Country please contact our consultant.

Request more Information

Belarus Company Formation. Belarus Limited Liability Company

For free consultations on company formation in Belarus ask our BRIS Group team

Benefits for company in Belarus

  1. Strategically advantageous location
  2. Direct access to the market of the three Common Economic Space (CES) countries (Armenia, Belarus, Russia, Kazakhstan, Kyrgyzstan)
  3. Preferential investment regimes and terms of taxation
  4. Rank of Belarus according to World Bank’s Doing Business 2014 research
  5. Developed transport and logistics infrastructure
  6. Unique privatisation opportunities
  7. Highly qualified workforce
  8. Decent living standards

Types of Companies in Belarus

Most legal entities choose the following types as the most convenient for business:

  • Joint Stock Companies
  • Limited Liability Companies
  • Unitary Enterprises

What you will receive after company formation is done:

  • Belarus Company Search Report
  • Belarus Certificate of Incorporation
  • Memorandum of Association
  • Articles of Association
  • Shareholder List
  • Share Certificate
  • Register with the tax authorities and obtain your tax identification number
  • Have your business seal and signatory card notarised
  • Open a regular bank account
This publication is provided for information purposes only. This info should not be treated as a substitute for a tax or legal consultation or legislation. You should not act on the basis of the information contained in this publication without having obtained individual advice from the professional expert.
BRIS GROUP does not assume responsibility for any damage resulting from decisions made by the reader on the basis of this publication.

Our team of consultants are on hand to find out about your specific requirements and take you through the process from start to finish

What we can do for you in Belarus

  • We do all paperwork on forming the company in Belarus
  • Formation is completely remote
  • Can act as Secretary or Treasury
  • Provide nominee Directors/Shareholders
  • Assist with opening a bank account
  • Registration for Taxes, VAT & EORI
  • Develop a website for your business
  • Create a logo of your brand

How we can assist your Company further

  • Provide with full company administration services
  • Arrange a mailing address for your business
  • Arrange a virtual office for your company
  • Telephone answering service
  • Book keeping, audit & reporting
  • Preparing and submitting VAT return
  • Dealing with local authority
  • Trademark registration