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flag Belarus Belarus: Operating a Business

In this page: Setting Up a Company | Working Conditions | Cost of Labor | Social Partners


Setting Up a Company

Joint Commercial Company (joint Venture).
Number of partners: 2 companies (a foreign and a Byelorussian company)
Capital (max/min): Foreign investments not less than USD 20,000.
Shareholders and liability: Depends on the status of the joint venture
Foreign Commercial Company (100% foreign capital Company).
Number of partners: No minimum in the number of partners.
Capital (max/min): Foreign Investments not less than USD 20,000.
Shareholders and liability: Liability is limited to the amount contributed.
The Competent Organization
Ministry of Finance and The National Investment Agency
Setting Up a Company Belarus Eastern Europe & Central Asia
Procedures (number) 5.0 6.0
Time (days) 5.0 14.0

Source: Doing Business.

Business Setup Procedures
Consult Doing Business Website, to know about procedures to start a Business in Belarus.
Trade Register

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Working Conditions

Legal Weekly Duration
40 hours
Retirement Age
55 years for women and 60 years for men
Working Contracts
Most of contracts are fixed-term contracts but there are also indeterminate contracts
Labor Laws
Consult Doing Business Website, to obtain a summary of the labor regulations that apply to local entreprises.

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Cost of Labor

Minimum Wage
BYR 925,520 per month (source: ILO, 2011).
Average Wage
Gross average monthly wage of men: BYR 1,792,072 (source: ILO, 2010);
Gross average monthly wage of women: BYR 1,373,092 (source: ILO, 2010).
Social contributions
Social Security Contributions Paid By Employers: From 1% to 35%  according to the profession
Social Security Contributions Paid By Employees: 1%

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Social Partners

Social Dialogue and Involvement of Social Partners
Some trade unions: the BFTU (The Belarusian Free Trade Union), the BCDTU (The Congress of Democratic Trade Unions).
BFTU (the Belarusian Free Trade Union)
Labor Regulation Bodies
Ministry of Labor and Social Protection

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Learn more about Operating a Business in Belarus on, the Directory for International Trade Service Providers.

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Last Updates: October 2014