Belarus. Business partner

Transcription

Dear colleagues and friends!
Currently, Belarus is getting more attractive to international
business community. Its unique geographical position – at the
crossroads between west and east, north and south – is just one
of the advantages for establishing and doing business in Belarus.
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environment, unique privatization opportunities, well-developed
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The advantages of doing business in our country are proved by statistics. For several years
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the opportunities for establishing and doing business, but also providing references to the
domestic organizations and companies to address for all the necessary information and business
assistance.
On behalf of the Belarusian Chamber of Commerce and Industry I wish your acquaintance
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Welcome to Belarus!
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Chairman of the Belarusian Chamber
of Commerce and Industry
Contents
Geographical position
Government
Historical background
Climate and weather in Belarus
Places to visit in Belarus
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Population
Belarusian business ethics
Belarus in international ratings
Belarusian Chamber of Commerce
and Industry
Economy
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Regional opportunities
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Investment
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Belarus is the best place for your
investment
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Useful information
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Contact information
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Diplomatic missions of Belarus
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The Republic of Belarus is a country in the center of Europe.
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a region.
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The country borders on Latvia and Lithuania in
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Government
Government
National Flag of the Republic of Belarus
National Emblem of the Republic of Belarus
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independent state.
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Government – the Council of Ministers – which
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In its activities the Government is
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Form of government – presidential republic.
5
100–35 thousand B.C. First wars of Rzecz Pospolita, the
settlements were formed in the state was portioned out by
territory of present-day Belarus. Russia, Austria and Prussia.
Belarusian
lands
were
incorporated into the Russian
VII–XIII centuries. First Empire.
state formations in the
territory
of
Belarus
1917. The October Revolution.
(Principality of Polotsk)
XIII–XVI centuries. The
formation of the Grand Duchy
of Lithuania, embracing the
territories of present day
Belarus,
Lithuania,
Kiev,
Chernigov and Volyn regions of
Ukraine, and western regions of
Russia.
1919.
Belarusian
Soviet
Socialist Republic (BSSR) was
established.
1922. BSSR became one of the
Soviet Union (USSR) founding
republics.
1941–1945. Belarusian lands
XVI–XVIII centuries. The
Grand Duchy of Lithuania and were occupied by the German
the Kingdom of Poland created troops during the World
on equal terms a federative War II.
state – Rzecz Pospolita.
1944. Liberation of the
XVIII – beg.of XX century. country's territory from the
As a result of the sustained German occupation.
6
1999. The Treaty on the
1945. Belarus joind the
United Nations Organization creation of the Union State of
together with other UNO Russia and Belarus was signed,
and the action programme for the
founding member-states.
implementation of its provisions
was adopted.
1986. As consequence of the
Chernobyl accident, a significant
2009. The documents on the
part of the country's territory
exposed
to
radioactive creation of the Customs Union
of Belarus, Kazakhstan and
contamination.
Russia were signed.
1991. After the collapse
of the USSR, Belarus was
proclaimed
an
independent
state.
The Agreement on the
creation of the Commonwealth
of Independent States was
signed. Minsk was defined the
official headquarter of the CIS
coordinating authorities.
1994. The Constitution of
the Republic of Belarus was
adopted. The first President
elections in the history of the
independent state were held.
2012. The Declaration on
the creation of the Eurasian
Economic
Community
was
adopted, and the Agreement
between Belarus, Russia and
Kazakhstan on the Common
Economic Space came into force.
2014. The Agreement on
the creation of the Eurasian
Economic Union on the basis of
the Customs Union was signed.
The members of the Union
are Russia, Belarus, Kazakhstan
and Armenia.
7
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by rainy warm summers and mild winters with frequent thaws. The weather is changeable in
spring and autumn.
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Month precipitation is characterized by
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October.
The number of snowy days varies from
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north-east.
In some regions of Belarus sub-zero
temperatures are maintained for over a tertial.
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Belarus starts with the capital city. Minsk
enjoys almost thousand-year history. During
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ancient buildings have survived in the city.
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and streets, spacious squares, diverse
architectural ensembles, verdurous boulevards
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the guests of the city to get acquainted to historical and cultural heritage, museums, theaters,
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The Mir Castle Complex (Mir Castle) is
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The Nesvizh palace and park complex
is a unique monument of architecture and
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doors to visitors following intensive restoration
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The Augustow Canal is a hydraulic
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It is situated in Grodno region and connects the
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cultural and sport events, national and regional
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The memorial complex Khatyn is one of
the most impressive monuments to the victims
of World War II. It is located at a distance
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Belarusian village destroyed by fascist invaders
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The Brest Fortress memorial is a
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The besieged fortress managed to hold the
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when they fought against fascist troops.
Belovezhskaya Pushcha is one of the
major tourist attractions of Belarus. It is the
biggest forest in Central Europe famous for
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numerous bird and animal species, including
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The Braslav Lakes National Park is
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camps in the region.
The Marc Chagall Museum in Vitebsk
is one of the most popular museums in
Belarus. Marc Chagall is a world-famous
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creative phenomenon arouses particular
interest in people both in Belarus and abroad.
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museum.
Polotsk is one of the most beautiful towns
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riverside location on the river Western Dvina.
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north, fought against crusaders and had been
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The Gomel palace and park complex
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architecture. Currently the unique museum
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chapel and a burial vault, a winter garden, a
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in Gomel is one of the most interesting and
frequently visited Belarusian museums and a
major historical, cultural and educational center. The collection of the Gomel palace is one of the
richest in Belarus. It comprises archeological, ethnographic and numismatic collections, pictures,
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Tourist attractions of Minsk
The second biggest thoroughfare of
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Independence Avenue that crosses the 0LQVN ± Pobeditelei Avenue – starts at the
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Independence Square LV UDQNHG DPRQJ
the biggest squares in Europe.
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The biggest museums are located in
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National Art Museum of the Republic of
Belarus, National Museum of History and
Culture of Belarus, Belarusian State Museum
of the History of the Great Patriotic War,
Minsk’s History Museum, the Museum of the
Belarusian Cinema History, Yanka Kupala
State Literature Museum, Yakub Kolas State
Literature and Memorial Museum.
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parks and gardens, including The Gorky
Central Children’s Park, Mikhailovsky Garde,
Aleksandrovsky Garden, Troitskaya Gora
Garden (Teatralaney Garden), Central
Botanical Garden of the National Academy of
Sciences of Belarus, the Chelyuskinites Park,
Victory Park.
13
Population
Population
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inhabit Belarus.
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religious.
Population census 2009
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Belarus. These are communities of Eastern
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religion in Belarus. It is the foundation of
inter-faith stability in the country.
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religious denominations. Catholics account for
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Lutheranism is one of traditional
denominations in Belarus. Today there are
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Belarus.
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Belarus.
Language
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are widely used for business negotiations.
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versa.
Peculiarities of Belarusian mentality
The Belarusians are very friendly and
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and boisterous spectacles in public are
uncharacteristic of them. For centuries the
Belarusians have lived in communities,
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the relationship between them. Mutual help,
respect for the elder and for an interlocutor
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the major matters are solved conjointly,
with holidays being celebrated either by
the whole big family, or even by the whole
settlement.
Business ethics
The Belarusians are characterized by
openness and trust in people. Therefore,
in business they tend to observe all the
agreements and ensure reputation. The
Belarusians believe that successful business
relations are based only on trust and good
personal relations.
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they are held. First business contacts imply
business environment and business style
of negotiations and clothes. Besides, a
meeting with Belarusian state authorities
representatives will be more formal than a
meeting with businessmen.
15
In a joint study Doing business –
2015 SUHSDUHG E\ WKH :RUOG %DQN
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International Telecommunication
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the
report
«Measuring
the
Information
Society
2013».
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high positions in the ratings given by
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The UN Food and Agriculture
Organization (FAO)FRQVLGHUVWKH5Hpublic of Belarus an important producer
of major agricultural products.
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$FFRUGLQJ WR WKH DERYH PHQtioned review, Belarus is predicted
WR WDNH WKH rd place in the world as
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In the Education Index, a comELQHG VWDWLVWLFV RI WKH 8QLWHG 1DWLRQV
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For reference:
Index measures the country’s developments in terms of the achieved
education level, combining two major
dimensions:
adult literacy rate (2/3 of total
weight);
aggregate share of scholars, getting elementary, secondary
and higher education (1/3 of total
weight).
Belarus maintains the leadLQJ SRVLWLRQ DPRQJ WKH &,6 VWDWHV
according to the independent BritLVK UDQNLQJ Legatum Prosperity Index. Following the results of
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For reference:
Legatum
Prospeity
Index
is based on 79 different variables
analysed
across
142 nations around the world.
The 89 variables are grouped into
8 sub-indexes, which are averaged
using equal weights. The 8 subindexes are:
economy;
entrepreneurship;
governance;
education;
health;
safety security;
personal freedom;
social capital.
The ranking is based on a variety of factors including wealth, economic growth, education, health,
personal well-being, quality of life
and their inÀuence on economic
growth and long-term welfare of the
population.
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For reference:
The Human Development Index
(HDI) combines three dimensions:
life expectancy index;
education index;
income index: GNI per capita.
17
Belarusian Chamber of Commerce and Industry
The Belarusian Chamber of Commerce
and Industry is the leading business community
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sessions;
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goods. It is issued by chambers of commerce
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19
Shorets Consult,
Private Consulting Unitary Enterprise
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seminars,
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generation.
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TRANSLATION CENTRE,
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Unitary Enterprise
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21
Economy
Economy
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The country has one of the leading positions
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oriented state with well-developed industry, DQGRISRWDWRDQGLWVVKDUHLQWKHZRUOG
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10 BELARUSIAN CORE PRODUCTS
economy that has proved its sustainability,
tfreight vehicles, road and construction
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ttractors and agricultural equipment
dynamics is characterized by rapid increase
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in goods and services turnover volume. It
tfertilizers
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transit potential, participation in integration
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previous year – 100.9%.
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Fuel industry
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Chemistry and petrochemistry
Forestry, wood processing, pulp
and paper industries
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Food industry
Other industries
Economy
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of goods amounted to
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priorities of the Belarusian
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up more than a half of its
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trade relations with over
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Useful links:
Ministry of Economy of the Republic of Belarus
www.economy.gov.by
Ministry of Foreign Affairs of the Republic of Belarus
www.mfa.gov.by
www.cci.by
National Agency of Investment and Privatization
www.investinbelarus.by
23
Economy
Industry
tspecialised long-run production of tools for
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and composite materials on their basis;
tproduction of components for vehicles
and buses corresponding to Euro 5 and
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tcreation of new types of competitive
optical electronic and laser products of special
purpose;
tproduction of photo-sensitive devices,
optical electronic devices, high-quality solar cells.
Priority areas of industrial development:
tproduction of high-precision casting for
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tproduction of engineering process
equipment;
tproduction of complete automated
hydromechanical
transmissions
of
a
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various transportation and technological
machines;
24
Useful links:
Ministry of Industry of the Republic of Belarus
www.minprom.gov.by
Belarusian State Light Industry Concern
www.bellegprom.by
Belarusian State Concern for Oil and Chemistry
www.belneftekhim.by
www.cci.by
Economy
Mechanical engineering
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branches of the mechanical engineering
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output.
Belarus specializes in manufacturing
freight vehicles, buses and special vehicles.
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producers of quarry equipment in the world.
Belarus is a leading
producer of agricultural
equipment such as
tractors, grain harvesters,
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biggest manufacturers
of wheeled tractors.
Belarusian
tractors
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Useful links:
www.minprom.gov.by
www.cci.by
25
Economy
Chemical industry
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&KHPLVWU\ %HOQHIWHNKLP LQFRUSRUDWHV RYHU HQWHUSULVHV,WDFFRXQWVIRUPRUHWKDQRI
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biggest
manufacturers
of
potash
fertilizers. The Belarusian enterprise
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26
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The Belarusian oil processing industry
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modern facilities manufacturing high-quality
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Belarusian State Concern for Oil and Chemistry
www.belneftekhim.by
www.minprom.gov.by
www.cci.by
Economy
Metalworking
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comprises
eight
manufacturers
of
electrowelded circular and shaped steel
pipes, steel cast bars, rolled steel, various
NLQGVRIZLUHVWHHOFRUGEROWVVFUHZVQXWV
nails, molding materials, heating equipment.
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ferrous metallurgy merchandize.
Useful links:
www.minprom.gov.by
www.cci.by
Major metalworking enterprises
Enterprise
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and wire, steel wire cord, steel cast bars
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tubes
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Iron casting for tool building and mechanical
engineering, manholes, surge facilities and catch
basins, ornamental and furnace casting
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Bolts, screws, nails of all dimension-types
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27
Economy
Power engineering
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resources consumed by the national economy
are imported. Electricity generation is the core
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This is one of the leading branches of the
national economy with a traditionally high level
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and transports gas across Belarus.
In the near future nuclear energy will play
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The decision to build a nuclear power plant with
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Useful links:
Ministry of Energy of the Republic of Belarus
www.minenergo.gov.by
www.cci.by
28
Economy
Agriculture
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agricultural sector.
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consumption. The production
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the world. The production of
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Useful links:
JOREDO H[SRUW RI PLON RI EXWWHU H[SRUW
Ministry of Agriculture and Food of the Republic
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of Belarus
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www.mshp.minsk.by
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Belarusian State Concern of Food Industry
www.bgp.by/ru
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production of potato and is one of the major
potato producers in the world.
29
Economy
Transport and logistics
Belarus is a major transport corridor of
Eurasia. The transportation infrastructure of
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of motorways, railways, airlines. Every year
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country is crossed by two out of ten cross(XURSHDQWUDQVSRUWDWLRQFRUULGRUV
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Transit of goods via Belarus is fast and
secure. Transport services are rendered by
railway, automobile, air, inland water, and
pipeline transport operators.
Geographical location of Belarus favors
the deployment of logistics centers along the
routes used to transport cargoes between
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scale program to guide the development of
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envisages the construction of 50 logistics
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centers with the consequent processing of
products as an option.
Useful links:
Ministry of Transport and Communications
of the Republic of Belarus
www.mintrans.gov.by
www.cci.by
30
Economy
Banking system
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Belarus has two levels. It consists of the
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of the country. It performs the following
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regulation of credit relations and monetary
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for cooperation with the International
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The country has a well-developed
information and analytical system, covering the
results of the circulation of securities issued in
the country, information about the activities of
the issuers and participants of the securities
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RIWKH5HSXEOLFRI%HODUXV
Useful links:
National Bank of the Republic of Belarus
www.nbrb.by
Ministry of Finance of the Republic of Belarus
www.min¿n.gov.by
Ministry of Economy of the Republic of Belarus
www.economy.gov.by
Republican Central Securities Depository
www.centraldepo.by
www.cci.by
The countries of origin of the
foreign capital in the banking system
of Belarus are Austria, Cyprus, Czech
Republic, Great Britain, Iran, Ireland,
Kazakhstan, Latvia, Luxembourg, the
Netherlands, Russia, USA, Ukraine,
Switzerland, and others.
31
Economy
Food industry
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years.
Belarusian food products are supplied to
50 countries worldwide. The largest importers
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Promising trends in attracting
investments are:
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products with longer shelf life;
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in cheese and meat industries;
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methods;
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for berries and mushrooms, as well as various
treatment technologies for vegetables and
fruits.
32
Useful links:
Ministry of Agriculture and Food of the Republic
of Belarus
www.mshp.minsk.by
www.bgp.by/ru
www.cci.by
33
Economy
Light industry
Light industry in Belarus accounts
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of non-food goods. There are about
500 light industry enterprises in the
republic, producing over 5,000 product
names.
Belarusian light industry is
passing through a period of
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enterprises are investing in
the replacement of production
equipment with the view of releasing
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search for investors for the re-equipping
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being carried out. Knitting enterprises
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areas for investment. The strength of the
Belarusian light industry in attracting foreign
investments consists in good raw materials
base, as well as cheap labour force.
The textile industry is regarded as the
largest in production volume. The segment
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The knitting industry focuses on the
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and other products.
34
The main activity of sewing industry
enterprises is sewing suits and outerwear,
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fur items. The largest sewing factories in
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Footwear industry enterprises tend
to improve the quality of raw materials and
reduce the level of import capacity.
The establishment of the Belarusian
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together with the rapid development of
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has been successfully representing the
Belarusian fashion on the international
arena, and the republican fashion and
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stand out among many emerging projects
in this sphere.
Useful links:
www.bellegprom.by
Ministry of Trade of the Republic of Belarus
www.mintorg.gov.by
www.cci.by
Economy
Forestry, woodworking, pulp and paper industry
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)RUHVWFRYHUPDNHV
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forest land of the republic has almost doubled
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Conscious efforts of the Belarusian woodgrowers foster the improvement of the quality
of forest reserves. The volume of man-made
stands is consistently growing. Furthermore,
the steady enlargement of the areas with
the maturing, mature and overmature forest
stands is observed.
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SURFHVVHGWKRXVDQGP of wood, which
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The cost-effectiveness of the produced
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regard, as well as due to the fact that there is
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timber and thinners which are unclaimed on
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the development of the production of pulp and
paper.
Useful links:
Ministry of Forestry of the Republic of Belarus
www.mlh.gov.by
Belarusian production and Trade Concern of Forestry,
Woodworking and Pulp-and-Paper Industry
www.bellesbumprom.by
www.cci.by
The pulp and paper industry of Belarus
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Imported pulp and waste paper is used as
raw material.
Despite the growing production volumes of
the Belarusian enterprises, the level of import
of paper in the republic remains high. In this
35
Economy
Tourism
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number of visitors came from Germany, Italy,
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RI WRWDO WRXULVW DUULYDOV IURP QRQ&,6
countries.
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the site of the former pagan temple, and biblical
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Therapeutic tourism
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health improvement facilities were functioning
in Belarus.
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accommodated.
Belarus offers great health-improving
opportunities at sanatoriums and spas for
people wishing to spend their holiday with
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Belarusian health resorts are located in
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for the development of ecotourism. There ZKHUHQDWXUHLWVHOILVEHQH¿FLDO%HODUXVHQMR\V
are various tourist routs, ecological paths, a moderate continental climate with mild winter
multi-day specialized ecotours, aiming at DQGZDUPVXPPHUWKHUHDUHW\SHVRIPLQHUDO
observing wild animals and birds in their ZDWHUVSULQJVZKLFKPDNHVLWSRVVLEOHWRKDYH
natural environment, nature museums, hunting a rest in Belarus all the year round.
tours in subordinate hunting farms, as well as
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Hotel «Minsk»
ecosystem.
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of the Belarusian capital
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although the country has already succeeded
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Useful links:
most picturesque parts of Belarus are open to
Ministry of Sports and Tourism
foreign guests.
www.mst.by/ru
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%HODUXV %HODUXV¶ PRVW UHYHUHG SODFHV LQFOXGH
www.cci.by
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36
Economy
IT industry
In the past several years Belarus has
earned the reputation of a leading IT country in
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RIVXFFHVVIXOGHYHORSPHQWWKHUHDUH
education system, training specialists in
the sphere;
high-quality IT professionals;
reasonable prices for IT-services, ideal
price performance ratio.
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established in the country, providing special
business environment for IT business. The
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assimilation of information and communication
technologies and software for the domestic
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of materials for micro- and nanoelectronics to
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sphere of IT outsourcing and high-tech
services.
Three companies with Belarusian roots
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companies in this sphere.
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812
Useful contacts:
Hi-Tech Park
www.park.by
Ministry of Communications and Informatization
www.mpt.gov.by/ru
www.cci.by
37
38
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Brest region
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thousand
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thousand
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39
Brest region
Production:
incandescent lamps, forming machines,
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household electric appliances for heating and
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products.
Attracting investment:
Brest region is located in the south-west
thigh-tech and innovative projects;
of the country, in the basins of the Western
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production;
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tproduction and processing of agricultural
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products;
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tdevelopment of infrastructure of roadside
processing organizations using local raw
service;
materials;
tdevelopment of tourist services.
tfavourable climatic conditions.
Resources and mineral deposits:
Useful links:
construction stone, clay, sand, gravel,
Brest Regional Executive Committee
RLO VKDOHV EURZQ FRDO JUDQLWH FKDON JODVV
www.brest-region.gov.by
Brest Branch of the BelCCI
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www.ccibrest.by
water.
40
Gomel region
Industry is the basis of the regional
economy.
Export
Gomel region organizations cooperate
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worldwide.
Export products:
oil, ferrous metals and products thereof,
equipment and machinery for harvesting and
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dairy products, plastic containers, salt,
polished glass.
tin the region there are enterprises,
established
with foreign capital from
Gomel region is located in the south-east
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tthere is a high-tech base of enterprises,
Region advantages:
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thighly-developed industrial area;
engineering,
electrical and cable industry
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branches.
These
companies boast spacious
tone of the highest forest cover per cent in
production
areas,
storage
facilities,
Europe;
infrastructure,
and
a
full
range
of
engineering
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natural-resources, agricultural, and research- communications.
and-technology potential.
Useful links:
Gomel Regional Executive Committee
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www.gomel-region.by
Gomel Branch of the BelCCI
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www.ccigomel.by
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Production:
steel,
ferrous
metals,
phosphate
fertilizers,
forage
harvesters, harvesting
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harvesters, oil and
associated gas, sheet
glass,
wallpaper,
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industrial enterprises
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part
of
gasoline,
diesel fuel, cardboard,
41
plywood, particle board.
Grodno region
Export:
Grodno region supplies its products to the
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Export products:
nitrogen fertilizers, caprolactam, dairy and
meat products, hosiery, furniture.
tmodernization of the enterprises,
operating in food processing, chemical,
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and machine-building branches;
testablishment of high-tech enterprises;
treconstruction and equipping of
agricultural systems with modern technological
Grodno region is located in the west machinery and equipment;
tdevelopment of infrastructure for tourism
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and recreation, road service;
Lithuania.
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of
transport
and
Region advantages:
tpotential accumulated in chemical telecommunication systems.
production;
Useful links:
tfavourable climate conditions to develop
Grodno Regional Executive Committee
agriculture and food industry.
www.region.grodno.by
Grodno Branch of the BelCCI
www.grotpp.by
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cement raw materials,
silicate sands, limestone
raw materials, sand and
gravel materials.
Production:
tPLON DQG PHDW
production,
poultry
farming;
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region
economy specializes of
agriculture;
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also
specializes in the production
of caprolactam, nitrogen
fertilizers, ammonia, potato,
seeders, planters and
transplanters, cord tire
fabric, slate, cement,
tobacco products.
42
Minsk region
tlargest resources of cement raw materials
in the country.
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sapropels, sand and gravel materials, iron ore,
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Production:
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pasta, sugar, mineral water. The region has
a developed industrial structure and close
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Export products:
regions of the country.
potash fertilizers, dairy and meat
Region advantages:
products.
tdeveloped manufacturing infrastructure;
tmodern industrial organizations and
tintroduction of new technologies,
communication;
technological
equipment, which helps to
thigh quality of land and recreation
enhance
the
quality
characteristics of products
resources;
and
services;
tdeposits of minerals unique for Belarus
tdevelopment of new products with high
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international standards of quality;
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and
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countries;
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Minsk Regional Executive Committee
www.minsk-region.gov.by
www.tppm.by
43
Mogilev region
44
mowers, steel pipe, cement, slate, chemical
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One of the major industrial regions of
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in the production of self-propelled scrapers
and underground trains, agricultural trailers,
passenger elevators.
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production.
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containers,
cement, dairy and meat products.
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investment:
Region advantages:
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trade organizations are the
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most
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specializing
in mechanical
communication;
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tdeposits of unique for Belarus minerals
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Useful links:
tSUR[LPLW\WRWKH5XVVLDQWDUJHWPDUNHWV
Mogilev Regional Executive Committee
www.mogilev-region.gov.by
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Mogilev Branch of the BelCCI
www.cci.mogilev.by
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large resources
of construction and
silicate sands, sand
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res, peat, sapropel,
mineral water, the
largest
deposit
of tripolit, characterised by high
technological properties.
Production:
elevators, pneumatic rubber tires,
tractortrailers,tractor
Vitebsk region
vast deposits of dolomite, peat, sapropel,
mineral water, deposits of clay.
Production:
electricity,
petrochemical
products,
machine tools, polyethylene, limestone and
dolomite powder for liming acid soils, TV-sets,
linen fabrics, shoes.
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development belongs to industry.
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oil products, meat and dairy products,
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Region advantages:
glass, shoes, insulated wires and cables.
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amount of felling resources in the republic,
establishment of new modern enterprises,
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producing oil products and chemical
Vitebsk Regional Executive Committee
www.vitebsk-region.gov.by
enterprises;
Vitebsk Branch of the BelCCI
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www.cci-vitebsk.by
consumptive companies.
45
The city of Minsk
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cultural center.
City advantages:
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tdeveloped infrastructure;
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productions.
Production:
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bicycles, transformers, household refrigerators
and freezers, ball and roller bearings, woolen
fabrics.
Economy of the city specializes in industrial
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services.
46
Export:
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Export products:
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the products manufactured both in the city and in
other regions of Belarus. First of all, it concerns oil,
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tRYHU WKH ODVW ¿YH \HDUV 0LQVN KDV
been a leader in the number of established
organizations with foreign investment;
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investment are industrial production and
projects, implementing advanced resourceVDYLQJ WHFKQRORJLHV ZLWK H[SRUW DQG LPSRUW
substituting orientation;
tdevelopment of high-tech industries,
especially the production of electrical and
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high-tech products in other types of economic
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including nanotechnologies and their application
to the production of automation tools, space,
information and communication technologies.
Useful links:
Minsk City Executive Committee
www.minsk.gov.by
www.tppm.by
47
Investment
Investment
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great investment potential.
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at comparable prices.
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is one of the main priorities of the state
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Foreign investors may set up companies
in Belarus with any amount of foreign
investments, in any legal form, as well as their
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all the necessary legal conditions for
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investors are guaranteed equal, without
discrimination, protection of rights and
48
Investment
legitimate interests, regardless of the form
of ownership and the national status.
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capital has been decreased. The country has
established a system of incentives, privileges
and preferences for investment activities.
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investors in free economic zones, small and
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Belarus continues the efforts to join the
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business conditions. The country has
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49
Investment
Belarus is the best place for investment
Advantageous economic and
geographical location in the centre
of Europe
Establishing business in the territory
of Belarus opens up the opportunity to
supply goods to large and fast-growing
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The advantages include, along with
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Political, social and economic
stability
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neighboring countries
High living standards
Belarus is one of the countries with
high human development level, and it
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one of the countries with very high
human development level.
50
High educational and scientiÀc
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population have higher, secondary
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major priorities of the socio-economic
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out to private ownership, but state
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Progressive legislation
Belarus has created an effective
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business underpinned by international
treaties and the national legislation.
Competitive investment and
taxation conditions
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regimes in Belarus which can be of
use for foreign companies, including
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planning and optimization. They include
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their businesses in the territory of
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Investment
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foreign investments in Belarus is the
decrease in a share of the public sector
and privatization of state property.
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organizations, increase of investment
activities of economic entities.
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participation in the procedure of
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reduced price, in the amount of one
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systems, air and water routes between
industrially developed Western Europe
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road-building and municipal machinery.
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of chemical and processing industries,
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proprietary and non-proprietary rights;
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nondiscriminatory protection of the rights
and legitimate interests of an investor;
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profits abroad;
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of the invested property and recovery
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issues of attracting investment to the country
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investor.
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investors interested in doing business in
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52
tgetting the required information about
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special regimes and benefits, state
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investment decisions;
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regulations and norms about protection of
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partners;
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The services are free of charge for foreign
investors.
Investment
10 questions about starting a business
1. What projects are offered to
investors?
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2. In which sectors and regions
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tin the case of entering into an investment
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tin the territory of free economic zones.
3. How can a potential investor
visit Belarus to study investment
opportunities?
Foreign citizens can receive information
about visa support at the diplomatic missions
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the countries of their citizenship.
The list of documents and other detailed
information in relation to visa support of foreign
citizens is available on the web site of the
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Belarus.
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of type C – short-term and valid for
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of type D – long-term, valid up to
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Shorets Consult,
Private Consulting Unitary Enterprise
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organizational, sales, personnel, operating,
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structure, business processes, personnel,
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individually and in groups.
53
Investment
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for by the international treaties of the
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to support business ties. The consular
fee for the long-term multiple-entry visa
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possessing valid travel documents proving
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into investment objects in the territory of the
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5. How to form a company in the
Republic of Belarus?
The companies are registered in Belarus on
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name of the company;
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business;
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and prepare company bylaws;
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company;
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in the territory of the Republic of Belarus?
The foreign company shall apply to the Ministry
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and conducts business activities in Belarus on
behalf of the foreign organization.
4. Which forms of companies are
popular in Belarus?
The most popular forms among
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54
7. What are the main taxes for
businesses in Belarus?
The more detailed information about
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special regimes.
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8. Is it possible to acquire ownership (XURVSHUVTXDUHPHWHULQFOXGLQJ9$7
of land in Belarus?
10. What is the average salary in
There is a private land ownership in
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The average monthly salary as of
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international organizations may acquire land
Useful links:
according to the legislation of Belarus.
Foreign citizens, stateless persons can
inherit the land which was privately owned by
Ministry of Taxes and Duties of the Republic
of Belarus
their relatives unless other has been provided
www.nalog.gov.by
by the legislation.
55
Investment
Preferential legal regimes
Free Economic Zones (FEZs)
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information technologies and developing
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56
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Medium-sized and small towns, rural
areas
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Investment agreement
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and preferences through signing such an
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caused by the seizure of lands for implementation of the investment project;
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Contact information
Contact information
Republican bodies of state administration
Ministry of Agriculture and Food
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Ministry of Architecture and Construction
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Ministry
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69
Notes
70
Notes
71
Information edition
Belarus. Business partner
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