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Open a company in Belarus

If you decide to start business in Belarus, our lawyers will help you to register a company. We have a huge experience in the field of company formation. If you choose our company, you will get professional legal advice and assistance on all company registration matters. 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 – that is why our lawyers help the client to make the right choice on the company type. This is the comparison table where you can see the main difference between all the types of the 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 Belarus is Limited Liability Company. Our lawyers will help you to open any type of company in Belarus in accordance with your requirements. Company foundation in Belarus consists of the following steps:

1. Preparation step (searching for the address of the company, choosing the name, drafting the charter of the company, defining the corporate structure and statutory fund);

2. Application step (on this stage our lawyers apply for the company registration in the state authorities);

3. Bank account opening and seal ordering.

Nowadays state fee for the company registration in Belarus is 210 000 Belarusian rubles that is around 10 USD.

Basically, it takes usually from 2 to 4 days to open a company. Within this period, our lawyers advise a client how to cope with procedures connected with company registration process. It is necessary to book the name for the future company, help the Client to find a legal address for the company as well as to translate the passport of the Client and notarize the translation.

For company registration in Belarus our firm need only passport and presence of the Client. If the Client cannot come to Belarus for company, registration our lawyers can do it on the base of Power of Attorney. In this case the Client should prepare the PoA in his country and Apostille it.

In case the Client wants to open a subsidiary in Belarus, he should provide us the extract from the Trade register of the country with the origin of the company. The extract should be Apostilled.

Get more information on the registration of a company in Belarus.

Contact Allford Morisson:

Email: info@allfordmorisson.by;

tel.: +375291173640.