Foreign Economic Activity Support Services

Business activity in Belarus is constantly growing and in order to remain competitive, domestic business is actively cooperating with foreign counterparties, expending into new markets abroad.

Import and export of goods, works, services, conclusion of agreements with foreign counterparties – that all can be included into foreign economic activity.

New markets, new partners and customers, and therefore new risks. The process of work within the framework of foreign economic activity should be approached with great responsibility and caution, since the price for the mistakes and miscalculations increases significantly.

What does the legal support of foreign economic activity mean?

Legal support of foreign economic activity includes many areas, which together allow you to provide:

1.      Professional participation in negotiations when making a foreign economic transaction, coordination of the terms of foreign economic contracts;

2.      Drafting of foreign trade agreements in accordance with the norms and restrictions of the legislation of the Republic of Belarus;

3.      Working according to currency and customs legislation;

4.      Minimization of tax, currency and other risks;

5.      Compliance of foreign economic agreements with Incoterms requirements;

6.      Ensuring the fulfilling of obligations and mutual payments in time;

7.      Effective pre-trial work with contractors;

8.      Protection of participants of foreign economic activity in administrative and civil proceedings.

Services for legal support of the activities of participants in foreign economic activity may include, but are not limited:

1.      Development, drafting, legal examination and advice on the conclusion of foreign economic agreements in accordance with legislative acts services.

2.      Advising on the choice of the applicable law for concluded foreign economic agreements in order to improve the position of a participant in foreign economic activity and provide adequate protection in case of violation of obligations by the counterparty under the agreement.

3.      Advising on the period and methods of completing foreign economic operations, which will allow avoiding sanctions from state bodies.

4.      Analysis of the activities of the participant of foreign economic activity for optimization of tax payments and minimization of foreign exchange and other risks.

5.      Foreign economic transactions structuring, development of an optimal contractual scheme in order to save time and labor resources.

6.      Pre-trial settlement of disputes between counterparties through foreign economic activities, as well as legal support of execution of foreign economic agreements in order to prevent additional legal expenditure and preserve partnerships between counterparties, as well as protecting the interests of a participant in foreign economic activity in the framework of the civil and administrative proceeding.

If you still have any questions, the lawyers of the Beliaevs & Partners group of companies are ready to assist you and provide legal advice on a wide range of issues and problems related to the implementation of foreign economic activity.