24.02.2023
The Belarusian office of GRATA International law firm is pleased to welcome you to the pages of our business guide, dedicated to the legal overview of investment opportunities in Belarus.
20.02.2023
To protect the state interests, the Government of Belarus adopted a resolution in summer 2022 imposing restrictions on Belarusian legal entities, whose shareholders (stockholders) are entities of foreign states carrying out unfriendly acts towards Belarus.
Construction material prices freeze again
From July 2022, the Ministry of Architecture and Construction of Belarus has imposed restrictions on the formation of selling prices of goods used in construction and production of such materials. The resolution was temporary and expired on January 1, 2023.
Belarus has updated the procedure for the seizure and allotment of land plots
The entry into force of the new edition of the Land Code required amendments in by-laws. The government has approved 21 new regulations.
23.01.2023
A business entity where the owner of the property is a foreign entity (an individual or a legal entity from any foreign country) can be transferred to external management for the period up to 18 months by the decision of a regional or Minsk city executive committee (municipal body).
Foreign companies risk giving up their property to the state because of unfriendly actions of their states
The opportunity to seize any property of entities from foreign countries is introduced by Law No. 240-Z of January 3, 2023 "On Seizure of Property". State authorities will be able to seize any items and property rights found in Belarus.