Belarus is one of the most stable and promising (from an economic point of view) CIS countries. The government headed by A. Lukashenko is trying to create all conditions for the further development of small business. Today we will talk about how open an IP in Belarus. The article contains detailed instructions that will be useful to many.
Entrepreneurship in Belarus
Despite the fact that the government has set its sights on a tough centralized economy, small business shows good development results. In the fraternal republic, there are still leading collective farms that supply their products to local and Russian markets. In such circumstances, the owners of private farms have a hard time.
Everyone who wants to obtain IP status in Belarus needs to determine the most profitable and promising direction. According to the latest data, most small businesses work in the field of catering. Less demanded segments are agriculture, transport services, communications and production activities.
general information
Today you can open a business in the territory of any power. The authorities of each state put forward their own conditions. But why go to distant lands if there is a country with high economic potential nearby? Here another question arises: "How to open an IP in Belarus?" We will talk about this in more detail later. In the meantime, we shall briefly consider the process of opening a business in Belarus.
You can create a commercial organization in just 3-6 days. The main thing is to find a legal entity that will represent your interests. Before you open your own company, you need to decide on the legal form. It can be an LLC, a mini-factory or another private enterprise. Choose a name for your company, and then go to the Minsk City Executive Committee to coordinate it. After you get approval from the authorities, you need to start resolving other issues. We are talking about opening a bank account and the formation of share capital. It is also necessary to establish the legal address of the company as soon as possible.
How to open an IP in Belarus
Are you tired of mistreatment and baseless attacks by your superiors? Want to work for yourself? The right decision! To obtain the status of an individual entrepreneur on the territory of the Republic of Belarus, the following actions must be performed:
- Contact the executive committee at the place of registration. If you are not registered in Belarus, you can visit the main department of the committee in Minsk. Take with you a Russian passport and a couple of 3x4 or 4x4 photos. You must also provide a receipt confirming the payment of state duty. You can do this by mail or in one of the banks.
- You will be asked to write an application for registration of IP. You can get acquainted with the sample right on the spot. About 10 minutes after submitting the application, you will be issued a certificate of state registration in your hands. If you think that this all ends, then you are mistaken.
- The next instance will be the tax service. Its employees will tell you about all the subtleties of taxation of your chosen type of activity. You can also stock up with tear-off coupons.
- We draw your attention to the fact that not all types of individual entrepreneurs in Belarus require official status. For example, if you are engaged in knitting scarves or embroidering paintings, then you should register as a craftsman. In this case, you need only once a year to pay a single tax.
Small Business Support
For several consecutive years, the Government of the Republic of Belarus has been developing special programs to increase the number of private companies and enterprises, as well as to develop existing ones.
The Belarusian National Bank also provides support to small businesses. Those who want to open a company or expand their business are offered various loan products on favorable terms. In this case, a minimum package of documents is required. The average rate on loans in local currency is 30% per annum, and in US dollars - 10%.
Tax on IP activities
You have successfully registered your company in the territory of the Republic of Belarus. This procedure also includes registration with the tax authorities. For most private entrepreneurs, a single tax applies. From year to year, the list of activities payable is expanding. It is possible that very soon all entrepreneurs will pay a single tax. This year the following activities were included in the list:
- Transportation of snowmobiles, motorcycles and ATVs (including abroad).
- Organization of airsoft, paintball and laser tag games.
- Horseback and boat riding.
- Car rental.
- Opening of children's playrooms.
Let's say that the activity you have chosen is not in the list. Then at what rates do you pay IP taxes? Belarus, like Russia, uses three systems: EH, USN and OOS. The tax rate will depend on which option you prefer. Owners of private firms and enterprises are suitable for EH, that is, a single tax. A good option is the STS. This fee is payable only if there is revenue.
Conclusion
Now you know how to open an IP in Belarus. The advantage of this option is that you do not need to waste time collecting documents and obtaining permits. Registration of IP status occurs quickly and without much hassle. You choose the appropriate tax system yourself. It remains to wish you success in business!