Registration of legal entities
Creating a successful business is a challenging task that requires significant intellectual and financial investment. Registering commercial organizations in the Republic of Belarus must strictly comply with the current legislation. If you are unsure of your capabilities and need competent legal support, you can always turn to the specialists at "GrandPerfid." We provide comprehensive support and help register legal entities of any form of ownership in the shortest possible time and under the most favorable conditions.
Legal Entity Registration: Features and Procedure
Stages Currently, there are two ways to register a business or an individual entrepreneur in Belarus: through the EGR web portal or by submitting a personal application to the registration authority. The latter option is more reliable and understandable, which is why it is more popular. The business must be registered at the location of the state executive authority. Before submitting documents, the founders of the commercial organization must complete several steps, the most important of which are the approval of the company's name and the determination of its legal address.
Belarus has strict rules for selecting a company's name. The founders or a founder must agree with the registering authority on the name of the non-commercial organization. To do this, an application and a document confirming the applicant's authority must be provided. Additionally, the form of the organizational and legal ownership of the enterprise must be determined.
The physical location of a private unitary enterprise, individual entrepreneur, or farm may be in a residential building, subject to certain conditions. For other forms of ownership, the company's legal address must be located in administrative buildings.
Steps for Registering a Legal Entity in Belarus
Once the company's name is approved and the legal address is determined, the process proceeds as follows:
1. Hold a Founders' Meeting, where the distribution of shares, the size of the authorized fund, and other important organizational matters are decided. For a private unitary enterprise (PUE) or LLC with a sole participant, all decisions are made individually.
2. Appoint a Director – the company cannot function without a director. This can be done during or after registration, but delaying is not recommended. Without a director, it's impossible to open a bank account, obtain an electronic signature, and handle other organizational matters.
3. Prepare the company's charter, containing basic information about the organization and rules for its operation under current legislation.
4. File registration documents with the registration authorities to list the company in the Unified State Register (EGR).
A state registration certificate is issued no later than the next day after the documents are submitted. Registration is completed within 5 business days. After receiving all the documentation, the director or authorized representative opens a bank account and takes several additional steps:
- Obtaining and registering complaint and suggestion books.
- Choosing a tax system.
- Obtaining an electronic signature.
Despite the clear sequence of actions, registering a private unitary enterprise, LLC, JSC, and other forms of business ownership is not easy. Belarusian legislation contains many nuances, the non-compliance of which may result in severe consequences for the company's operations. The specialists at "GrandPerfid" have extensive experience and specific legal knowledge that enables them to carry out the entire registration process quickly and clearly, following current legislation.
What Documents Must Be Submitted to the Registration Authorities
The company director or an authorized representative must gather a set of documents and submit them to the registration authorities. These include:
- Application for state registration on a special company form.
- The company’s charter, outlining the basis of its activities.
- Document confirming the organization’s legal status.
- Copy of the applicant's ID.
- Copy or original receipt of payment for the state fee if payment was made through a bank.
- Certificate if the company being registered is undergoing a merger process.
- For farms and garden associations, permission from the local executive committee for the farm’s location.
You can also register a company via the EGR web portal or through a notary. Our specialists can provide guidance on how to do this.
Benefits of Partnering with "GrandPerfid"
"GrandPerfid" provides professional services for registering companies and individual entrepreneurs, offering qualified assistance in preparing and submitting documents to government authorities. We also support clients throughout the entire process. We offer favorable terms of cooperation and guarantee the following advantages:
- Transparent and clear workflow.
- Creative solutions to the most complex tasks.
- Focus on fast and high-quality results.
- Turnkey service for the entire process.
- Individual approach to each client.
We work with medium and large businesses in the Republic of Belarus. You can contact us at any convenient time by leaving a request via the feedback form on the website. Successful businesses start with "GrandPerfid."