News & Events in Belarus

Call to improve business legislation in Belarus

MINSK, 9 September (BelTA) – There is a proposal to improve the legislation on business activity in Belarus. The issue became one of the topics high on the agenda of the meeting of Belarusian President Aleksandr Lukashenko with the Council of Ministers’ members on 9 September, BelTA has learned.

The Council of Ministers suggests upgrading the format of this segment of the economy, placing the focus on two fundamental principles which are simplicity and fairness. “Any legal document should be like this,” said Aleksandr Lukashenko.

“My main requirement is transparency and the ability to control business activity. Business should have clear rules, and the state should have a conscientious taxpayer and a partner in the implementation of development programs. Today it is obvious that we need changes in this sector,” said the head of state.

As for the transparency and business activity monitoring, Aleksandr Lukashenko stressed that there is no pressure on business. “We will continue monitoring the payment of taxes,” he said.

The president added that the development of business environment should follow an evolutionary path to meet the needs of the Belarusian society.

Aleksandr Lukashenko asked to pay special attention to the work of private entrepreneurs. “We need to create an incentive for entrepreneurs to transform into a legal entity,” said the Belarusian leader.

Aleksandr Lukashenko said: “A private entrepreneur is a craftsperson in fact. It is a person who does something that no one else can do. And what do we have here today: everyone from the military-industrial complex to wedding and funeral services have become entrepreneurs.”

The president asked the government to establish a clearly developed system of legal forms of business organization and its fair taxation.

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