Organizing and Running a Business in Belarus
Foreign investment inflow directly depends on a state of business environment in a country. Protection of investors and owners rights, macroeconomic stability, simplicity of business conduct and ability to defend your interest in a court determines a foreigner’s wish to establish own enterprise or invest.
Those who have decided to establish an enterprise or invest funds in Belarusian economy are in need to study investment climate of the Republic of Belarus, its state policy towards foreign investors, procedure of enterprises or representation offices establishing.
Development of small and medium towns of Belarus is of crucial importance for the development of economy on the whole; therefore the state leads the policy of encouraging business activity here.
Free economic zones as institutions of market economy take a particular place in legal system of the Republic of Belarus. Attention that the state pays to the improvement of FEZ legislative basis testifies to the fact that their development is one of the priority trends of the state investment policy.
Belarus as any other country of the world has its own peculiarities of organization and conduct of business. In order to conduct business in the Republic of Belarus, an entrepreneur should take into account peculiarities of tax and banking systems, business accounting, labour relations, lease or purchasing of property, settlement of economic disputes.
