Belarus Company Formation

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Belarus

Company Formation and Related Services

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Buying a European shelf company with VAT number

Whenever you need to start doing business immediately in a European country and you need a company with a VAT number, you don’t have to wait for the bureaucratic procedures.

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Partner Law Firms

We encourage you to contact our partner law firms in Bucharest: Rolegal and E&C, both part of our legal network.

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Tax Minimization Structures

BridgeWest is specialized in special corporate structures designed for tax minimization. No matter where you want to incorporate your company, you will need to consider how you can legally minimize costs.

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Company Formation in Belarus

F.A.Q.

BridgeWest provides company formation in Belarus. Our assistance includes:

> drafting the Articles of Association (necessary for the company incorporation in Belarus); The Articles of Association can be signed through Power of Attorney, therefore the physical presence of the shareholders and directors is not required.

> drafting all other documents required for opening a company in Belarus. These documents are: Specimen Signatures, Affidavits, Special Forms provided by the Belarusian Trade Register.

> arranging Public Notary procedures (if the foreign shareholders visit the country) and/or certified translations (if the shareholders will provide the required documents via postal mail).

> setting up a bank account for the company opened in Belarus. This refers both to an initial share capital account as well as a current bank account after the company is formed.

> recommending a Belarusian accountant; Accountancy services are recommended for any new business registration in Belarus.

BridgeWest can provide assistance for the formation of the following types of companies:


> Belarusian Limited Liability Company - This entity is the most common company type used in Belarus. It is designated for small to medium sized businesses, implying a rather simple incorporation process. The company can be established by two or more individuals who provide a charter capital split into shares. There is no requirement with respect to the amount of the statutory capital. The amount is of a nominal value and the shares are listed in the foundation documents. The members of a limited liability company are liable to the company's debts and obligations only to the extent of their contributions.

> Belarusian Open Joint Stock Company - A Joint Stock company can be established by two or more founders. They must provide a share capital divided into shares nominated in the company charter. Shareholders of this company type are not held responsible for the losses and debts of the JSC with their personal assets, having a liability limited to their contribution. Shareholders of a JSC do not have to seek consent of fellow shareholders in order to sell their shares, and are able to enlist on a trade market.

> Belarusian Closed Joint Stock Company - The closed JSC is an ordinary JSC, being established by two or more founders who provide together a share capital, receiving shares with a nominal value. Their liability is set by their contribution, not being held responsible with their personal assets to the company's debts and obligations. The main difference resides in the fact that shareholders may not sell their shares to the public without securing the consent of fellow shareholders.

> Belarusian Branch, Subsidiary or Representative Office Any foreign company is able to set up branch entities in Belarus. These can be set up as separate entities from the parent company Belarusian companies having the foreign company as shareholder) or extensions of the parent-company in Belarus.

BridgeWest is also able to offer ready-made Belarusian companies and VAT registration.

Please contact us for more information and prices regarding opening a company in Belarus.

Partners: Company Registration Luxembourg, Company Registration Poland, Company Registration Netherlands



Articles on Company Formation in Belarus

Set up a company in Belarus

The most important incentive for foreign investors is the welcoming environment that Belarus offers. Its economy offers low taxes and guaranteed security of funds and information. According to Law in Belarus, a company can be set up by individuals or legal entities who comply with the law. There are ...

Types of Companies in Belarus

The state of Belarus encourages foreign entrepreneurs to invest in the country, and one method is to form a company, benefiting from the same regulations, and a non-discriminatory treatment. An entrepreneur may chose from various forms of business types. The most common business entity in Belarus is ...

Nominee Director in Belarus

 Incorporating a new company in Belarus, limited liability company or joint stock company, has certain requirements that have to be accomplished such as drafting the articles of association which contains the name of the company, the address, the capital, information regarding the shares and th ...

Guide to Company Incorporation in Belarus

1. What is the minimum share capital for a Limited Liability Company (OOO) in Belarus?   A Limited Liability Company (Obshchestvo s Ogranichennoi Otvetstvennostyu, “OOO”) in Belarus does not require a minimum share capital in order to be set up unless it receives foreign ...

Paying Taxes in Belarus

Paying taxes in Belarus   1. What is the corporate tax in Belarus?  The corporate tax rate for a company registered in Belarus is 18% from the sales profit, from 2012. Some exemptions may be granted for example, the incomes provided by the sale of hi-tech and innovative goods ar ...

VAT in Belarus

1. What is the VAT in Belarus? The standard VAT rate in Belarus is 20% for almost all goods and services, as well as imports. However, exceptions apply in certain cases. For instance, agriculture, food, goods for children, repairing or hairdressing are charged a reduced VAT calculated at a 10% rate. ...

Company Liquidation in Belarus

BridgeWest handles company liquidation in Belarus. For more information, please contact us. The main regulations a company must follow before obtaining the status of liquidated company in Belarus are included in the decree “Regulations on State Registration and Liquidation (Termination of ...

Open a Representative Office in Belarus

Are there any special requirements for creating a Belarus Representative Office? Used mostly for the market research, the representative offices in Belarus can only represent a foreign company, make researches regarding the domestic markets and area of investments in Belarus and protect the interest ...

Open Business in Belarus
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