REVERA opened a branch of a foreign company in Belarus
As of 19 November 2024, amendments to the Civil Code have come into force: Article 51-1 now provides for the possibility of opening a branch of a foreign legal entity in Belarus with the right to conduct business activities.
The establishment of a branch is carried out on a permit basis, rather than a notification basis.
REVERA’s lawyers provided full legal support for the process of opening a branch of a foreign company, including:
- preparing and adapting all required documents,
- liaising with state authorities,
- ensuring branch registration,
- opening bank accounts,
- completing all necessary registrations with state bodies and organisations.
Authors: Apanasionak Mikita, Suschenya Sergey
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