Belarus has become an essential player in the international technology and innovation arena in recent years, mainly due to the Hi-Tech Park (HTP) development. This unique economic cluster provides favorable conditions for creating and conducting business projects, supporting startups and developing companies in IT and related technologies. In this article, we will look in detail […]
The main asset of an IT company is its employees, and experienced managers realize that they need real professionals to create a world-class product. However, in the early stages of development, startups often cannot afford to provide employees with high salaries, a system of bonuses, provided meals in the office or other privileges. However, such […]
Since February 2024, there have been some changes in the work of crypto brokers. Recall that crypto brokers are residents of the Hi—Tech Park in Belarus, who act as intermediaries between sellers and buyers of digital assets. New criteria for company’s head seeking HTP residency as crypto broker 1. Requirements for the Director When applying […]
Designs such as an option agreement have been available to High-Tech Park resident companies for more than 5 years. Starting from November 2024, these legal structures will be available to all resident companies in Belarus. Experienced lawyers who cooperate with residents of the Hi-Tech Park and are familiar with issues related to the conclusion and […]
Residents of the Belarusian Hi-Tech Park have the right to open bank accounts with foreign banks and carry out international financial transactions. Residents of the Hi-Tech Park can receive revenue from non-residents to accounts in foreign banks for their services, work performed and goods delivered. There are some peculiarities in the disposal of such revenue. […]
The cryptocurrency industry is developing in Belarus and the emergence of crypto brokers – companies offering services for the purchase, sale and exchange of cryptocurrencies to others – is becoming more and more relevant. Simply put, crypto brokers provide clients with the opportunity to invest in cryptocurrencies, develop and implement investment strategies for clients using […]
As a general rule, resident companies of the Hi-Tech Park are exempt from income tax, except when they perform the duties of a tax agent. However, there are transactions that you need to pay attention to in order to prevent non-payment of income tax. How much is the income tax paid on The amount from […]
Investors and owners of companies-residents of the Hi-Tech Park enjoy more preferential conditions for receiving dividends than owners of companies that do not belong to the residents of the Hi-Tech Park. The article discusses the taxation regimes of dividends that resident companies of the Hi-Tech Park pay to individuals and companies, residents and non-residents. What […]
The products created by companies and individual entrepreneurs who are residents of the Hi—Tech Park are in demand outside Belarus from foreign companies. This brings foreign exchange earnings to residents of the Hi-Tech Park, but may raise issues of registration of contracts and primary accounting documents. The document flow adopted when doing business between residents […]
The inclusion of tokens in business activities has become a common practice for many companies. Functioning as digital signs in the information system, tokens, often recognized as cryptocurrencies, serve various purposes, primarily as an investment tool. Having the predominant global role of a universal medium of exchange, cryptocurrencies facilitate transactions between residents and non-residents of […]
Belarus has firmly established itself as a growing technological center, and its heart is the Hi-Tech Park (HTP). For enterprises and individual entrepreneurs seeking to immerse themselves in up-to-date information about the field of technology, the process of joining HTP and benefits, we have collected the latest news in one article. This guide describes the […]
Thanks to the creation of a regulatory framework that promotes innovation and provides a well-organized basis for the developing digital economy, Belarus stands out as a unique player in the rapidly developing cryptocurrency market. In accordance with Decree No. 8 (published on December 21, 2017 under the heading “On the development of the digital economy”), […]
