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Guide to investment

Investment guide
Beginning of activities in Belarus

Contact the specialists of the «National Agency for investment and privatization» and get professional advice on Your question.

Our contact:

220030, Minsk, Berson str., 14
Phones: +375 17 200 81 75, +375 29 690 09 44
E-mail: mail@investinbelarus.by

1.1 Creation of a new legal entity, creation of a joint venture
  • 1.1.1. Algorithm of actions when registering a legal entity
  • 1.1.2. Algorithm for registering as a FEZ resident
  • 1.1.3. Algorithm for registration as an HTP resident
  • 1.1.4. Algorithm for registration as a resident of the Great Stone
1.2 Acquisition of a current legal entity
  • 1.2.1 Repurchase of company shares
  • 1.2.2 Mergers and acquisitions Algorithm
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Labor attraction

Contact the specialists of the «National Agency for investment and privatization» and get professional advice on Your question.

Our contact:

220030, Minsk, Berson str., 14
Phones: +375 17 200 81 75, +375 29 690 09 44
E-mail: mail@investinbelarus.by

2.1 Algorithm for obtaining a work permit

Algorithm for obtaining a work permit for foreign citizens

  • 2.1.2. The procedure for obtaining permission to attract foreign labor to the Republic of Belarus
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Generalized investment cycle of an investment project

Contact the specialists of the «National Agency for investment and privatization» and get professional advice on Your question.

Our contact:

220030, Minsk, Berson str., 14
Phones: +375 17 200 81 75, +375 29 690 09 44
E-mail: mail@investinbelarus.by

  1. Conclusion of an investment agreement (if necessary)

  2. Land acquisition (if necessary) 

  3. Development and approval of pre-project (pre-investment) documentation,, including investment justification and design assignment;
    • rationale for investments;
    • selection of production technology;
    • development of a business plan;
    • determination of preliminary capital and operating costs;
    • environmental impact assessment.

  4. The passage of the state ecological expertise

  5. Making an investment decision

  6. Development of design and estimate documentation (parallel design and construction are possible at the conclusion of an investment agreement with the Republic of Belarus)

  7. State expertise of design and estimate documentation

  8. Construction and installation works, delivery, installation and commissioning of equipment

  9. Commissioning of the facility
3.1 Algorithm for concluding an investment contract
  • 3.1.1. Algorithm for concluding an investment agreement with the Republic of Belarus (the investor does not apply for a land plot and for additional benefits and preferences)
  • 3.1.2. Algorithm for concluding an investment agreement with the Republic of Belarus when an investor claims a land plot
  • 3.1.3. Algorithm for concluding an investment agreement with the Republic of Belarus, if the investor claims for additional benefits
3.2 Algorithm for obtaining a land plot
  • 3.2.1. Obtaining land plots
  • 3.2.2. How to get a land plot
  • 3.2.3. Property rights
  • 3.2.4. Rent
  • 3.2.5. The right to use the land
  • 3.2.6. Algorithm for obtaining a land plot (in the presence of a concluded investment agreement)
3.3 Algorithm for developing pre-project documentation
  1. Initiation of the project. Head appointment
  2. Development and approval of a schedule for the preparation of project documentation
  3. Determination of the contractor
  4. Definition of preliminary project parameters, collection of initial data
  5. Filing a declaration of intent (if necessary)
  6. Development of an investment rationale and project management plan
  7. Development of a business plan (if necessary, attraction of credit funds or investment resources)
  8. Development of architectural planning concept (if necessary)
  9. Preparation of design assignment
  10. Passing a state environmental review of investment justification (if necessary)
  11. Conducting a public discussion of the architectural and planning concept of the object (if necessary)
  12. Conducting state comprehensive examination of the business plan (if necessary)
  13. Approval of pre-project documentation of the customer in case of passing all necessary examinations and obtaining approvals
3.4 Algorithm for development of design and estimate documentation
  • 3.4.1. The sequence of actions of an investor in a one-stage design of an object
  • 3.4.2. The sequence of actions of the investor in the two-stage design of the object
3.5 Technological sequence of construction work stages
  • 3.5.1. The procedure for connecting to water supply and sanitation networks
  • 3.5.2. The order of gasification of the construction site
  • 3.5.3. Electricity connection at a construction site
3.6 Scheme of acceptance of the object in operation
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Liquidation of a legal entity. Bankruptcy

Contact the specialists of the «National Agency for investment and privatization» and get professional advice on Your question.

Our contact:

220030, Minsk, Berson str., 14
Phones: +375 17 200 81 75, +375 29 690 09 44
E-mail: mail@investinbelarus.by

4.1 Liquidation of a legal entity
  1. Decision-making on liquidation and appointment of a liquidator
  2. Notification of registration authorities, tax authorities, customs authorities, Belgosstrakh, the Federal Social Protection Service, organization employees and interested parties
  3. Conducting inventory
  4. Settlements with creditors, settlements with participants
  5. Preparation of an interim and final liquidation balance sheet
  6. Submission of documents to the archive
  7. Bank account closure
  8. Submission of documents to the registration authority for a decision on making an entry in the Unified State Register
4.2. Stages of bankruptcy proceedings in the Republic of Belarus
  1. The filing of the bankruptcy petition to the court

    Who can submit:
    • debtor himself
    • creditor
    • prosecutor
    • body of state management on Affairs about economic insolvency (bankruptcy)
    • tax authority
    • custom authority
    • bodies of the Social Security Fund, the Ministry of Labor and Social Protection

  2. Initiation of a court case on declaring the company bankrupt and appointing a Manager. According to Belarusian law, the applicant must propose a list of at least 3 individuals - candidates

    Procedures (stages) of the bankruptcy:
    • Protective period
    • Bankruptcy proceedings (includes: rehabilitation (protective period) and liquidation (liquidation proceedings)
    • Settlement agreement

  3. Opening of bankruptcy proceedings in relation to the debtor, which is reported in the media

  4. Submission of claims of creditors to a bankrupt company (term - 2 months)

  5. Opening of liquidation proceedings, if the fact of bankruptcy was proved by documents provided by the manager, which contains all the necessary information about bankruptcy, after the specified period, the court recognizes the business entity as bankrupt

  6. Satisfying Creditors

  7. Submission by the manager of the final report on the liquidation of the legal entity

  8. Judgment of completion of liquidation proceedings

  9. Exclusion of a business entity from the Unified state register. The representative of the subject receives the corresponding statement, all debts are written off and considered to be paid

*The minimum duration of the procedure is 8 months


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How to start up a business in small, medium-sized municipal settlements and rural zones?

Contact the specialists of the «National Agency for investment and privatization» and get professional advice on Your question.

Our contact:

220030, Minsk, Berson str., 14
Phones: +375 17 200 81 75, +375 29 690 09 44
E-mail: mail@investinbelarus.by

To perform the activity falling under the privileges provided by the Decree of the President of the Republic of Belarus of 07.05.2012 N 6 "about stimulation of business activity in the territory of medium, small municipal settlements, rural zones",

it is necessary:

-to register a commercial organization or an individual entrepreneur with the location (residence) on the territory of medium, small municipal settlements, rural zones and

-to perform activities for the production of goods (performance of works, provision of services) on the territory of medium, small municipal settlements, rural zones.

(The territory of medium, small municipal settlements, rural zones refers to the territory of the Republic of Belarus, except for the territory of the cities of Baranovichi, Bobruisk, Borisov, Brest, Vitebsk, Gomel, Grodno, Zhodino, Zhlobin, Lida, Minsk, Mogilev, Mozyr, Molodechno, Novopolotsk, Orsha, Pinsk, Polotsk, Rechitsa, Svetlogorsk, Slutsk, Soligorsk).

 

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How do I buy a property?

Contact the specialists of the «National Agency for investment and privatization» and get professional advice on Your question.

Our contact:

220030, Minsk, Berson str., 14
Phones: +375 17 200 81 75, +375 29 690 09 44
E-mail: mail@investinbelarus.by

Recommendations for the acquisition of real estate:
To verify a potential seller
  1. Examine information on the legal capacity of the potential seller, i.e. whether he/she may have the rights and obligations depending on the purposes of his/her activities.
  2. To verify whether the potential seller is in bankruptcy proceedings. This can be done through the Unified state register of bankruptcy information (http://bankrot.gov.by/).
  3. To find out if a potential seller is involved in legal proceedings.

The schedule of meetings on economic Affairs can be found on the website of the Supreme Court of the Republic of Belarus (http://court.gov.by/high-court/search_calendar).

To verify the object of the transaction

To analyze:

  1. extract from the Unified state register of real estate, rights to it and transactions with it (hereinafter - USRRE) in respect of the property of interest;
  2. an extract from the USRRE in respect of the land on which the property is located;
  3. technical passport;
  4. the list of objects for which acquisition local public authorities have the preferential right;
  5. rent agreements concluded with respect to real estate;
  6. documents on connection to the networks of heat, water, gas, electricity.

Sign the contract and the act of acceptance and transfer of the object
To register the transaction
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+375 17 226 41 66

+375 17 226 50 24

mail@investinbelarus.by

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Here you can subscribe to our quarterly newsletter.


Why Belarus?

  • News
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Investment Opportunities

  • Investment Projects
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Business Environment

  • Preferencial Regimes
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  • Legal Framework

NAIP and what
we do

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14 Bersona Street, Minsk, 220030

Phone: +375 17 200 81 75, +375 17 200 52 89

E-mail: mail@investinbelarus.by

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