As of January 1, 2026, individual entrepreneurs are no longer allowed to exercise the powers of the executive body of a business entity (JSC, LLC, ALC) under a civil law contract.
What about unitary enterprises? What risks does the recent amendments to corporate governance legislation create for businesses?
Read more in our article.
On October 31, Nadezhda Znak, Partner at Borovtsov & Salei, participated as a speaker and expert in the online event "Reorganization of Legal Entities: Updates, Action Plan, Forms, and Case Studies.”
The discussion addressed the question: How can errors be avoided and risks mitigated in the course of a spin-off reorganization?
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.
Foreign entities with a registered permanent establishment (for tax purposes) due to their business activities in the Republic of Belarus have less than a month left to decide on the future format of their operations in the country.
