As a young growing economy the Republic of Belarus has a great emphasis on attracting foreign investment. The current stance of the Eurasian Economic Commission uniting Belarus, Russia and Kazakhstan introduces great possibilities in terms of the wide access to the developing markets of these countries. The creation of the Customs Union in which the Republic of Belarus is participating allows the free movement of goods between Belarus, Russia and Kazakhstan without customs duties and with zero VAT on export.
However there are a number of issues which you must consider when you are looking to set up your business in Belarus. This document takes you through some of the common questions we come across and gives you practical information about the issues you need to consider.