Rights and Obligations of Foreign Entrepreneurs
Foreign
citizens and stateless persons are executing their business activities on
the territory of the Republic within the scope of rights granted to citizens
of Belarus, unless otherwise is established by the legislation of the
Republic of Belarus. In order to execute business one needs to get
registered as an entrepreneur at the place of residence and at the local tax
inspection.
The
fundamentals of the legal regulation of civil rights and obligations of
foreign legal entities and individuals are stipulated by Chapter VIII of the
Civil Code of the Republic of Belarus. Foreign persons are entitled to
execute foreign trade deals and operations connected therewith with
Belarusian managing subjects without any special permits and registration.