Registration of a Limited Liability Company

If you are thinking of creation of your own business, then opening an LLC may be the best solution for you. Firstly, this form of ownership has many advantages for entrepreneurs, and secondly, the procedure of creating an LLC is rather simple. However, it requires careful preparation and thorough knowledge of all rules and requirements.

The advantages of creating an LLC in Belarus

·         The number of participants in a limited liability company can be from 1 to 50 people. The authorized capital of LLC is divided into shares that are distributed between its founders.

·         The authorized capital of an enterprise may be formed from monetary and non-monetary assets.

·         LLC participants do not bear additional liability for the debts of the company. In case of debt, the company is liable only with the property that belongs to it.

·         Both a simplified and a general taxation system can be applied.

·         Participants can easily leave an LLC by receiving their share or by selling it to another participant.

How to open an LLC in Belarus

The procedure for LLC registration in Minsk, as well as throughout the country, is general and approved on the legislative level. In many ways, it coincides with the procedure for registration of a legal entity of any type.

Plan for opening an LLC:

·         To make a decision to create an LLC and its written design (if there are several or more participants, a meeting of the founders should be held);

·         To approve the name of the future company

·         To determine the legal address, to prepare the text of the charter;

·         To coordinate the size of the authorized capital (if you want to make a non-monetary contribution to the authorized capital, the property should go through an evaluation procedure);

·         To draft a charter by all founders;

·         To obtain registration documents, to register at the tax authorities, the Social Protection Fund, Belgosstrakh;

·         To make a seal;

·         To open a bank account.

Professional assistance in opening an LLC

If you want to avoid the unpleasant consequences associated with errors that can be made during the registration of an LLC, the best option for you would be to seek help from professional lawyers. We assist in the full procedure of opening of a LLC, which guarantees a quick and correct lead of registration procedures.

At the same time, we help not only in creation of enterprises, but also in reorganization of legal entities.

We will always be happy to answer all your questions and do our best to lead your business to success.

To start our cooperation, contact us at one of these numbers, or fill out an application on our website.