We provide consulting and support for foreign businesses in Belarus
Our Clients
Professional management services company
Our company has built a strong reputation in Belarus for successfully launching and managing international research and development centers. Our team is comprised of specialists with backgrounds in leading global IT companies and the Big Four.
Your dedicated consultants, accountants, lawyers, and HR managers will guide you through every step of establishing and running your IT business in Belarus.
What is a management company?
From company registration and High Tech Park accreditation to office setup, team recruitment, and ongoing HR and finance management—we provide an all-in-one solution to launch and run your IT business in The Republic of Belarus.
This integrated approach lets you launch quickly while avoiding the common risks and delays of entering a new market. Beyond our deep local expertise, we have direct experience operating IT businesses in key global jurisdictions—from the U.S. and EU to Asia and the UAE. This enables us to design business processes that are not only locally compliant but also meet the high standards of our international clients.
Why do you need a management company?
Our team has a deep understanding of local expertise and the experience necessary to quickly and safely launch your business in Belarus. Our team will build convenient business processes and integrate them into existing ones, help you save money on contractor selection and procurement, secure your operations, and support your operations in compliance with Belarusian legislation and our high internal standards. Ultimately, our management company enables you to make informed decisions and achieve long-term business success.
Solutions for your business
Our services
High Tech Park Accreditation
Management Services
EOR Services
PEO Services
Payroll Services
Accounting Services
Bank Accounts Opening
Recruiting Services
Virtual office Services
Accounting Services in Belarus
Tailored, precise, and trusted by more than 100 international corporate clients.
Our Most Common Projects and Client Solutions
- Research and Development Centr
- Solutions for Tech Companies
- Solutions for Foreign Individuals
High Tech Park Accreditation and Company Formation in Belarus
Management Services for HTP Residents
Office Setup and Vendor Negotiation
Employee Recruitment
Employer of Record Services
Professional Employer Organisation
Payroll Services for Tech Companies in Belarus
Corporate Bank Account Opening
HR Consulting Services
Outstaffing
Market Research Services
Bank Account Opening
HR Consultation
Client References
How does our company work?
Contact Us
Initial Consultation
Get a Detailed Estimate
Submit a Proposal
Contract Finalization
Ongoing Partnership and Support
Management Services in Belarus
Proven reputation among more than 30 High Tech Park residents from the USA, EU, UK, UAE, and Asia.
FAQ
Currency: Belarusian Ruble (BYN)
Languages: Russian (common), Belarusian (official)
Payroll Cycle: Monthly, with possible mid-month advance (40%)
13th Salary: Common but not mandatory year-end bonus
Taxes: 5 key taxes for businesses (VAT, income, real estate, land, social security)
Employment Law: Governed by Constitution, Labor Code, union/migration laws
Contracts: Indefinite, fixed-term (max 5 years), project-based, seasonal, temporary
Probation: 3 months
Notice Period: Min. 1 month, max 3 months (depending on contract)
Payroll in Belarus follows a straightforward formula:
Net Salary = Gross Salary – Gross Deductions
Gross Salary: This includes all regular income, allowances, one-time payments, and negotiated benefits an employee receives.
Gross Deductions: These encompass mandatory withholdings like:
- Personal Income Tax: Deducted directly from employee salaries at a pre-determined rate.
- Statutory Social Security Contributions: Employers contribute a portion alongside employee deductions, funding social security programs.
- One-Time Employee Deductions: These could include voluntary contributions to union memberships or garnishments for court-ordered payments.
- Stress-Free Calculations: We handle complex payroll calculations, deductions, and benefits for accurate and timely payments.
- Compliance Made Easy: Our experts ensure adherence to ever-changing regulations, taking the burden off your shoulders.
- Streamlined Processing: Leverage our advanced payroll software to save time and minimize errors.
- Multilingual Support: Get clear communication and support in both English and Belarusian.
- Focus on Growth: Free up resources and focus on building your team while we handle payroll.
Navigating payroll in Belarus can seem daunting, but Spex.by can guide you through the process. Here’s a simplified roadmap:
- Establish Your Business Entity: Choose your company structure (sole proprietorship, LLC, etc.) and complete the registration process.
- Open a Local Bank Account: This is necessary for salary disbursements and managing payroll transactions.
- Gather Employee Information: Collect essential details like bank account data, ID documents, and tax IDs for social security and tax filings.
- Choose a Payroll Solution: Opt for user-friendly payroll software or partner with a reliable payroll service provider like Spex.by.
- Understand Employment Regulations: Familiarize yourself with Belarusian labor laws, tax requirements, and mandatory deductions (income tax, social security).
News
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Registration as a resident of the High-Tech Park (HTP) is traditionally perceived as a tool for tax optimization and access to a special legal regime for IT businesses. In practice, however, the HTP’s approach to reviewing applications is not universal. Depending on the declared type of activity, different requirements apply to applicants, and for certain […]