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Belarus simplifying rules for starting new business

It will now be easier to open your own business in Belarus as well as to give it up. The Belarus President signed a decree which changes the order of state registration and liquidation of economic entities. 

The document will come into force in six months and will reduce the number of administrative procedures.

It will now be possible to register the business and at the same time open a bank account. 

The decree eliminates restrictions on the creation of subsidiaries and changes approaches to the invalidation of state registration.

Belarus simplifying rules for starting new business