From October 1, 2024, the innovations provided for by the Law of the Republic of Belarus dated April 22, 2024 No. 365-Z “On Amendments to Laws on Entrepreneurial Activities” come into force, including in terms of state financial support for medium-sized businesses.

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.

On April 24, 2024, Resolution of the Council of Ministers of the Republic of Belarus (dated April 19, 2024 No. 299) comes into force, which introduced a restriction on the payment of distributed profit (dividends) to foreign participants from «unfriendly» states.

Comment in our publication.

On April 8, 2024, Borovtsov & Salei lawyers held a seminar “Promotional materials for medicines.”

Senior lawyer Yulia Shuba offered a detailed comparative analysis of the requirements for advertising of medicinal products, based on practical examples, demonstrated content that is unacceptable for use in promotional materials, outlined the legal consequences of violating the legislation on advertising and unfair competition.

Borovtsov & Salei has significant experience in the field of commercial practice and advertising regulation. We are ready to be useful for you!

On March 3, 2024, Borovtsov & Salei lawyers held a seminar “Personal data: the mechanism of relations between representative offices and subjects of personal data and other persons.”

Borovtsov & Salei has significant experience in the field of commercial practice and ensuring measures to protect personal data. We are ready to be useful to you!