Starting November 2024, the options for Foreign Legal Entities to establish a presence and conduct business operations in Belarus will expand. Introducing: the Branch of a Foreign Legal Entity.

Learn about what you need to know regarding Foreign Legal Entity Branches in the context of upcoming changes to the Civil Code in our experts’ latest publication.

Starting November 19, 2024, amendments to the Civil Code (CC) will come into effect, allowing a limited liability company (LLC) to operate without developing or adopting its own individual founding document - a Сorporate Сharter. Instead, it can function based on a Model Charter approved by the government.

What are the advantages and disadvantages of adopting the Model Charter as the founding document? In which cases should one consider the necessity of having an individual LLC Charter?

Read more about this in our article.

At the current time, many Belarusian legal entities and representative offices of foreign companies in Belarus are conceptually reconsidering their approaches to the protection of personal data of employees, counterparties and other persons.

What is the reason for this and where to start? What clusters of issues should be worked out before starting to develop (to revise, to update) a set of documents regulating the processing of personal data in the company?

Read more about this in our publication.

At the current time, many Belarusian legal entities and representative offices of foreign companies in Belarus are conceptually reconsidering their approaches to the protection of personal data of employees, counterparties and other persons.

What is the reason for this and where to start? What clusters of issues should be worked out before starting to develop (to revise, to update) a set of documents regulating the processing of personal data in the company?

Read more about this in our publication.

The Law of the Republic of Belarus dated April 22, 2024 No. 365-Z “On Amendments to Laws on Business Issues” was adopted, establishing special rules for the creation of a commercial organization by an individual entrepreneur.

What are the features of the creation and state registration of a legal entity created by an individual entrepreneur, how the transfer of rights and obligations from an individual entrepreneur to a legal entity occurs and who signs the transfer deed, is it necessary to conclude an employment contract with the director if he is the sole founder of the created commercial organization and who signs such an agreement, what are the features of taxation during the transition period, under what conditions does the director have the right to perform the functions of an accountant (taking into account the fact that the structure of small businesses is changing).

This and other nuances of creating a commercial organization by an individual entrepreneur are discussed in our article.