A statutory penalty for early termination of the contract has been introduced

Another measure has been introduced to ensure the stable functioning of the national economy under sanctions.

On September 6, 2025, Resolution No. 480 of the Council of Ministers of the Republic of Belarus "On Legal Penalties" will take effect. This resolution establishes the right to recover penalties in the event of the early termination of loan and credit agreements, up to 10 percent of the amount claimed for repayment.

Read more in our publication.

Technical Modernization: Questions When Engaging a Contractor

Once again, we address construction activities and technical modernization.

Specific questions – concrete answers from Borovtsov & Salei Senior Lawyer Aleksandra Kanishcheva.

Read more on the Construction Activities and Law case journal portal page via this link.

Dividend Payments Under New Rules

Effective from July 24, 2025, changes come into force regarding the application of a special restrictive measure concerning the payment of profit and/or dividends to foreign persons from "unfriendly" countries.

Dividend payments are now subject to a special permit.