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Prohibition on disposal of shares (stocks) in authorized capitals of Belarusian companies
On July 6, 2022 the Resolution of the Council of Ministers came into force, which defined the list of Belarusian companies, shareholders (stockholders) of which are prohibited to dispose their shares (stocks) in the authorized capitals of Belarusian companies.
Electronic remote sale of goods
From July 1, 2022, foreign companies (individual entrepreneurs) who sell goods remotely in Belarus will have the obligation to tax registration calculate and pay VAT in Belarus.
Remote identification of non-residents when a current settlement (bank) account is opening.
From June 1, 2022 to December 31, 2024, a resolution of the Board of the National Bank of the Republic of Belarus will be in force, which establishes the possibility of remote identification of non-residents when they open current settlement (bank) accounts for settlements under foreign trade agreements with resident legal entities.
Foreign cash settlement under foreign exchange contracts providing for export
In June 2022, a joint resolution of the Council of Ministers of the Republic of Belarus and the National Bank of the Republic of Belarus dated 07.06.2022 No. 363/13 was adopted in Belarus, which provided for the possibility of cash settlement (US Dollars, Euros, Chinese Yuan) under foreign exchange contracts providing for export, concluded between two legal entities, resident and non-resident.
New law on payment systems
At the beginning of May 2022, the Law «On Payment Systems and Payment Services» (hereinafter as the Law) was signed in Belarus. For the first time in Belarus, implementation of payment activities, requirements for payment systems and participants in the payment market have been fixed on a comprehensive basis.
GRATA International Belarus specialists made a report in the Mogilev region development agency project "Exporter's School"
On April 2022, traditionally, the Export Center of the Mogilev region hosted the "Exporter's School". The aim of this program is to provide regional representatives of small and medium-sized businesses with the knowledge necessary to perform export activities.