We are pleased to present you the quarterly Newsletter, traditionally prepared by Borovtsov & Salei team, in which we pointed out the most significant, in our opinion, legislative changes for business in Belarus for the period of January - March 2024.
Newsletter 2024 (Q 1) can be found here Newsletter 2024 (Q 1) from Borovtsov & Salei.
The issue of ensuring lawful and transparent processing of personal data and taking measures to protect them is extremely relevant for all entities in both the national and international segments of business relations currently.
We have experience in preparing a package of documents in the field of personal data processing, conducting document reviews, including those of foreign organizations, developing optimal chains of relationships between Co-operators (between the operator and the authorized person) and ensuring their legal interaction.
We would be delighted to be of service to you.
On March 13, 2024, Resolution of the Council of Ministers of the Republic of Belarus dated 03.07.2024 No. 164 “On Taxation Issues” was officially published, which introduced special tax rules in relation to entities from “unfriendly” states.
Seminar from Borovtsov & Salei for the Association of International Pharmaceutical Manufacturers.
On February 7, 2024, partner Lada Maisenya held a seminar on the topic “Topical issues of the use of company cars by employees.”
The issues of assigning company cars to employees, access to driving a company car, the rights and obligations of the employer, including with regard to ensuring the protection of personal data, the duties and responsibilities of employees were discussed.
On January 10, 2024, Law No. 347-Z of January 5, 2024 was published, which extended the moratorium on linking rent to the equivalent of a certain amount in foreign currency until January 1, 2025.
Important: Additionally, there is a ban on setting rent in conventional (account) monetary units (“special drawing rights”, etc.).
Borovtsov & Salei has many years of experience in advising on rental relations, including the expertise of rent agreements. We will be glad to be of service to you.