Holding Company in Belarus
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Setup a Holding Company
With the correct business formation partner, forming a holding company in Belarus can be simple and cost-effective.
Our team of experts can assist you with determining the optimal Free Zone or Mainland jurisdiction for your holding company, as well as other aspects of the setup process.
Holding company formation procedure
There are two major ways for a corporation to become a holding company. One way is to buy enough voting stock or shares in another company to give it control over its operations. The second option is to start a new company from the ground up and then keep all or part of the new company’s stock.
Although possessing more than 50% of a company’s voting shares confer greater power, a parent corporation can exert control over its decision-making process even if it only holds 10% of its stock.
Requirements to form a Holding company
The business name, the name of the business agent, and the articles of incorporation for your company must all be submitted to the state. If you haven’t already done so, you should do so for both your holding company and your operational firm. The articles of incorporation should include the purpose, objective, names of officers, and company decision-making procedure.
Necessary documents
Required documents to register Holding Company:
- Standard Industrial Classification (SIC) codes (SIC),
- Details of the directors — at least one is required,
- Shareholder information – a minimum of one is required,
- statement of capitalization,
- Memorandum and Articles of Association.
We can help you prepare this paperwork for a nominal fee.
Form a Holding company in Belarus
Establish a holding corporation in Belarus with the support of authorized advisors, who will guide you in preparing and completing all of the necessary papers. Collaborate with business formation representatives to take advantage of all controlling firm perks offered by the country.
Other legal forms in Belarus
The following are the most prevalent types of legal entities in Belarus:
Limited liability company (OOO) (from 1 to 50 shareholders); additional liability company (ODO) (from 1 to 50 shareholders); open joint-stock company (OAO) (anyone can buy the company’s shares); closed joint-stock company (ZAO) (the shares are held only by the entity’s shareholders whose number should not exceed 50). For more details, click the button below: