{"id":1381,"date":"2019-11-22T14:04:39","date_gmt":"2019-11-22T11:04:39","guid":{"rendered":"https:\/\/mkconsulting.by\/?page_id=1381"},"modified":"2020-03-01T01:33:53","modified_gmt":"2020-02-29T22:33:53","slug":"registration-of-organizations-with-foreign-members","status":"publish","type":"page","link":"https:\/\/mkconsulting.by\/en\/uslugi\/registration-of-organizations-with-foreign-members\/","title":{"rendered":"Registration of organizations with foreign members"},"content":{"rendered":"<p>If you are planning to register a for-profit organization that includes foreign members MK-Consulting can do this for you quickly and professionally.<\/p>\n<p>The procedure will take from 2 to 5 days; our fee starts at $360. Company registration in Belarus does not require your personal presence \u2013 registration can be done using a power of attorney, and we can exchange all documents by mail.<\/p>\n<h2>What rights do foreign members have?<\/h2>\n<p>Until recently, the business activities of non-residents were regulated by the Investment Code, which contained the concept of a &#8220;for-profit organization with foreign investments&#8221;. This has since been replaced by the law \u201cOn investments,\u201d wherein this term does not exist. What is the benefit?<\/p>\n<p>Foreign investors have the opportunity to open a business with any amount of investment in any legal form permitted by law. The presence of a foreign investor does not affect the registration mechanism, which is common to all for-profit organizations.<\/p>\n<h3>Foreign members have the same rights as Belarusian ones<\/h3>\n<ul>\n<li>to purchase shares, participatory interests, and shares in the assets of the organization (including when increasing the authorized fund);<\/li>\n<li>to make pecuniary\/non-pecuniary contributions in foreign currency or Belarusian rubles, without restrictions or a minimum or maximum amount (for UE, LLC);<\/li>\n<li>to obtain information on the activities of the company and participate in the management of the company.<\/li>\n<\/ul>\n<h3>What documents are required for registration?<\/h3>\n<ul>\n<li>for founders who are foreign nationals: an original notarized translated copy of the passport;<\/li>\n<li>for founders that are foreign legal entities: extract from the trade register of the country of origin (if necessary, legalized or apostilled and notarized translation);<\/li>\n<li>The passport details of the head of the organization and its chief accountant;<\/li>\n<li>power of attorney to represent the interests of the founders, certified by a notary (if necessary).<\/li>\n<\/ul>\n<h3>What information should be disclosed?<\/h3>\n<ul>\n<li>type of activity of the organization;<\/li>\n<li>size of the authorized fund;<\/li>\n<li>principle of the distribution of shares and contributions between the founders;<\/li>\n<li>the legal address of the company;<\/li>\n<li>the term of office for the CEO and accountant;<\/li>\n<li>full name and position for representatives of legal entities;<\/li>\n<li>3-5 different options for the company&#8217;s name.<\/li>\n<\/ul>\n<h2>What services does MK-Consulting offer?<\/h2>\n<p>We provide advice and assist with documents, and also offer turnkey registration service, which includes:<\/p>\n<ul>\n<li>preparing an application on the approval of the name of an organization with foreign members;<\/li>\n<li>the presence of a lawyer during the process of the approval of the name of an organization with foreign members;<\/li>\n<li>preparing the charter of the organization;<\/li>\n<li>preparing the minutes of meetings of the founders;<\/li>\n<li>preparing the application for state registration;<\/li>\n<li>preparing the minutes of meetings on the appointment of the CEO;<\/li>\n<li>preparing a management contract with the head of the organization;<\/li>\n<li>preparing a contract for the Chief Accountant;<\/li>\n<li>preparing orders for the Director and Chief Accountant to take office;<\/li>\n<li>preparing an order on the dates of salary payment to employees;<\/li>\n<li>preparing the package of documents required to open a current account for the future organization.<\/li>\n<\/ul>\n<p>When you come to us, you can count on timely and comprehensive legal advice, quick solutions for your issues, and a guarantee of successful registration.<\/p>\n<p>Should you have further questions about registration procedures or the final amount of payment, please give us a call.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you are planning to register a for-profit organization that includes foreign members MK-Consulting can do this for you quickly and professionally. The procedure will take from 2 to 5 days; our fee starts at $360. Company registration in Belarus does not require your personal presence \u2013 registration can be done using a power of [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":216,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"page-services-1lvl.php","meta":{"inline_featured_image":false},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Registration of organizations with foreign members in Belarus<\/title>\n<meta name=\"description\" content=\"Starting and register a private company in Minsk. 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