Open company in Belarus

Our lawfirm has a very huge experience in the field of company formation in the Republic of Belarus. Big number of foreign companies entered Belarusian market through the legal assistance of our professional team. Through 2016 and Jan-June 2017 we helped more than 120 foreign companies and induviduals to estabish their companies in Belarus.

If you decide to start your business in Belarus, our lawyers will help you to register a company in Belarus. The legislation of the Republic of Belarus provides the following types of companies:

– Limited Liability Company (LLC);

– Additional Liability Company (ALC);

– Closed Joint Stock Company (CJSC);

– Unitary Enterprise (UE);

– Opened Joint Stock Company (Public Company).

All types of companies mentioned above are different –  our lawyers usually help the client to make the right decision on the company type. This is the table where you can see the main differences between all types of companies:

Criteria LLC ADL CJSC UE Public Company
№ of shareholders (min/max) 1-50 1-50 1-50 1 Not limited
Min statutory capital No No Around 1000 USD No around 4000 USD
Corporate bodies – Meeting of Shareholders

– Director

– Board of Directors (optional)

– Meeting of Shareholders

– Director

– Board of Directors (optional)

– Meeting of Shareholders

– Director

– Board of Directors (optional)

– Owner

– Director

– Meeting of Shareholders

– Director

– Board of Directors (optional)

Min/Max number of employees No limitations No limitations No limitations No limitations No limitations
Liability of shareholders Limited to the value of statutory fund Additional subsidiary liability Limited to the value of statutory fund Limited to the value of statutory fund Limited to the value of statutory fund

Nowadays the most popular type of a company in the Republic of Belarus is Limited Liability Company (LLC). Our lawyers provide the following legal services in the field of company formation in Belarus:

– legal advice on the type of future company and it’s corporate structure;

– preparation of all documents translations and notarization of these documents;

– getting approval for the company’s name;

– drafting the articles of asociation taking into consideration the interests of all shareholders of the company;

– preparation of all necessary documents for the company registration;

– representation in the Register of companies and documents submission;

– drafting the labour agreement with director of a company;

– bank account opening.

Timeframe: usually it takes between 2 and 4 working days to register a company. The exact number of days depends on the structure of the shareholders and the neccessaty of documents translation and notarization.

Documents required: For company registration procedure in Belarus our firm needs only passport copy and  the presence of the Client in Belarus. If the Client can not come to Belarus for company registration procedure our lawyers can register the company on the base of Power of Attorney.

If you decided to open your company in Belarus and for more details please contact us. We guarantee that you will get high and professional quality services from us and you will be happy of the final result.