Emergency laws passed

The beginning of the year was marked by the adoption of three emergency laws as a "response to existing threats to the national interests of the Republic of Belarus in the regime of special restrictive measures":

Law “On seizure of property”;

Law “On issues concerning transfer under temporary external control”;

Law “On the limitation of exclusive rights to intellectual property objects”.

Effective January 17, 2023.

Practice from Borovtsov & Salei on foreign trade contracts

On December 22, 2022, partner Znak Nadezhda took part in online seminar on the topic “Currency agreement and non-monetary termination of obligations under foreign trade agreement”.

The speech paid attention to practical difficulties in concluding and executing foreign trade contracts, explained the differences and cases of assignment of a claim, transfer of debt, execution by a third party and execution in favor of a third party.

 

Seminar for the Association of International Pharmaceutical Manufacturers

Seminar from Borovtsov & Salei for the Association of International Pharmaceutical Manufacturers

On November 18, 2022, lawyer Irina Kozikova and senior lawyer Yulia Shuba held a seminar on the topic “Standards for advertising medicines, medical equipment and medical devices, distribution of promotional materials for healthcare professionals within the framework of the legislation of the Republic of Belarus and the Code of Practice of the Association of International Pharmaceutical Manufacturers”.

How to choose legal form of doing business

Article of Borovtsov & Salei: How to choose optimal organizational and legal form of doing business, taking into account specifics of Belarusian legislation. For comparison, the most common forms of doing business are closed joint-stock company (CJSC), limited liability company (LLC), private unitary enterprise (PUE).

Choice of optimal form of doing business is indispensably related to effectiveness of its activities and should be based on comprehensive assessment of systematically processed advantages and disadvantages of each of the forms.

Seminar for the Association of International Pharmaceutical Manufacturers

Seminar from Borovtsov & Salei for the Association of International Pharmaceutical Manufacturers

On October 28, 2022, partner Lada Maisenya and lawyer Irina Kozikova held a seminar on the topic “Events with healthcare professionals. Involvement of healthcare professionals to provide services within the framework of the legislation of the Republic of Belarus and the Code of Practice of the Association of International Pharmaceutical Manufacturers”.