The Republic of Belarus is a member country of the Eurasian Economic Union –  an International Organisation of Regional Economic Integration with international legal existence established by the Eurasian Economic Union Treaty. The EAEU ensures the freedom of movement of goods, as well as services, capital, workers and a unified policy in all economic sectors for all member countries.

The dynamics of the foreign trade in Belarus is characterised by a rapid increase in the volume of trade and services. This is due to high rates of economic growth, significant scientific, technical and transit potential, participation in integration processes within the CIS, as well as diversification of trade and economic relations with other countries.

Belarus imports and exports a wide range of goods, while focusing mainly on chemical products, machinery, equipment, vehicles, ferrous and non-ferrous metals.

GRATA International Belarus Desk provides legal advice to clients on a broad range of corporate transactions and legal matters.

104, M. Ospanov Street, Almaty, Republic of Kazakhstan, 050020

+7 701 722 3287

  • Investment Activities
  • Banking and Finance Law
  • Real Estate and Construction
  • Corporate Law / M&A / Privatization
  • Taxation
  • Dispute Resolution and Litigation
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  • Antitrust and Competition
  • Employment and Labour Law
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Aidar Sarymsakov Senior Partner, Advocate Inquire
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Decree on the development of entrepreneurship and elimination of unnecessary requirements for business

In 2018, the Decree of the President of the Republic of Belarus No. 7 of November 23, 2017, comes into force in Belarus. This decree is planned to become motivating for the development of an entrepreneurial initiative.


ICOs go legal in Belarus: what the Hi-Tech Park 2.0 can offer the IT industry

Belarus adopted the revolutionary legal framework for IT companies and blockchain enthusiasts. The President’s Decree on Digital Economy comes into force on March 28, 2018.


Liberalization of business conditions in Belarus

On November 23 the President of the Republic of Belarus has signed Decree No. 7 “On the Development of Entrepreneurship”. The document significantly simplifies business activities in Belarus. Below you can find main innovations for business introduced by the document.


Doing Business in Rural Area: New Perspectives of Development

Starting from 2018, business entities will be able to take advantage of significant benefits for trade activities, rendering catering and consumer services in rural areas. 

Decrease in the Rate of Mandatory Sale of Foreign Currency Earnings

On October 1, 2017 the National Bank of the Republic of Belarus is decreasing the rate of mandatory sale of foreign currency earnings to 10 %. Let us remind that at the moment Belarusian organizations and individual entrepreneurs are obliged to sell 20% of foreign currency earnings. 


Improvement of Tax Legislation

The end of the summer was marked by the announcement of the upcoming changes to the Tax Code of the Republic of Belarus, which, in case of adoption, will affect various categories of tax payers. 


Creation and Liquidation of Business - Under New Rules

On September 9, previously announced Decree No. 2 entered into force introducing significant alterations to the procedure of registration and liquidation of legal entities and termination of activities of individual entrepreneurs. 


E-Court System

From now it will be easier to search information on cases examined in economic courts, to file procedural appeals and find the date of the court session of interest: the Ecourt system has started its work in Belarus in a test mode. 


Collection of Funds in Indisputable Manner under Leasing Contracts

On August 1, 2017 the Resolution of the Council of Ministers came into force, which supplemented the list of documents providing the right to collect debts in an indisputable manner on the basis of the executive inscription. 


Requirements for Audit Activities

Resolution of the Ministry of Finance dated August 1, 2017 clarified the procedure of audit assessment of activities of legal entities (individual entrepreneurs) during the procedure of the liquidation (cessation of activities). 

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