Establishing commercial organizations with foreign investment in Belarus - Legal advice for a foreign company doing business in Belarus Making the world a beautiful place - one painting at a time Making the world a beautiful place - one painting at a time

Establishing commercial organizations with foreign investment in Belarus

The establishment of a commercial organization with foreign investment may take place through the following:

- Its incorporation;
- Following the acquisition by a foreign investor of an interest (shares) in an existing legal entity that did not previously have foreign investment;
- Through the acquisition of an enterprise's assets in whole or in part.

Decisions on the establishment of a commercial organization with foreign investment is taken by the founders (participants) at their sole discretion, including in cases whereby a foreign investor buys an interest (shares) in an existing legal entity that did not previously have foreign investment, as a result of which the amount of foreign investment in the charter capital totals at least the equivalent of US$20,000.

If Belarusian founders (participants) of a commercial joint organization are legal entities (or individuals) who have no ownership right to the invested assets, decision on the participation of such entities is made by the owner of the invested assets or its authorized body in accordance with the legislation of the Republic of Belarus.