Business
A 2021 recodified companies regime and the High-Tech Park
Business is governed by the Civil Code and the Law on Business Companies, substantially amended in 2021. The unitary enterprise and the OOO are the common vehicles, and the High-Tech Park offers a special tax and currency regime for technology residents.
Key rules
- Registration is by declaration with the local executive committee, generally in one day.
- There is no minimum charter capital for most limited liability forms.
- The 2021 amendments broadened shareholder agreements and corporate governance options.
- High-Tech Park residency is granted by a supervisory board and carries statutory privileges.
Governing law
- Civil Code of the Republic of Belarus (1998)
- Law on business companies (1992)As amended in 2021.
- Decree No. 8 on the digital economy (2017)High-Tech Park regime.
In practice
International sanctions now dominate practical structuring: payment routing, correspondent banking and software export licensing matter more than the domestic registration formalities.