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Belarus - DOING BUSINESS


Local business incentives


The Ministry of Foreign Affairs provides support and assistance to international investors and informs about investment intencives politics.


Legal forms of companies


Form Number of partners/shareholders Minimum and/or maximum capital Liability Registration fee Release of financial documents
Joint Venture   2 companies (a foreign and a Byelorussian company)
  		USD 20,000   Depends on the status of the joint venture   USD 2,000    
100% foreign capital Company   No minimum.   USD 20,000   Liability is limited to the amount contributed.   USD 2,000 to obtain a license    


Registration and licensing procedures


Registration of a joint venture:
A joint venture can be set up once the contract between the foreign partner and the Byelorussian company has been signed. An approval for the setting up of the head office is required. The competent body in Minsk is Minskgorispolkom which requires to present certain documents.



Foreign exchange control



Regulations concerning equity investment


A majority holding interest in the capital of a local company is legal in Byelorussia.  


FDI inflows in Belarus




FDI inflows (millions US$) 2000 2001 2002 World rank
Foreign Direct Investments (F.D.I.) 247   172   169   112 / 196
Sources : UNCTAD Database FDI/TNC


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Last modified in December 2003
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