Entry into the High Technologies Park

The revolutionary decree on the digital economy, which allows legal mining, making transactions with cryptocurrencies and organizing ICO, has aroused the interest of foreign companies to enter the High Technologies Park in Minsk. Our lawyers will help you to register your company in the High Technologies Park and become an HTP resident.

Who can be a resident of the High Technologies Park in Belarus

In order to enter the High Technologies Park it is necessary to register a legal entity in Belarus or become an individual entrepreneur (IE). A foreign company cannot directly become the HTP resident without establishing its branch in Belarus.

A legal entity. The legal entity may be established by foreign companies or foreign citizens. There are several types of legal entities in Belarus (LLC, CJSC, PUE). A company of any legal form can be the HTP resident. A representative office of a foreign company cannot be the HTP resident.

An individual entrepreneur. Any natural person who is a citizen of Belarus or a foreigner with a residence permit in Belarus can acquire the status of the individual entrepreneur.

The HTP resident status can be obtained by legal entities or individual entrepreneurs specializing in, among other things, the following:

• software development in all areas;
• development and implementation of educational programs in the field of information and communication technologies;
• training of cyber-sports teams, holding of cyber-sports competitions and their broadcasts;
• activities in the field of artificial intelligence and the creation of unmanned transport management systems;
• mining, storage and alienation of cryptocurrencies

How to become the HTP resident in Belarus (Minsk)

The legal entity or individual entrepreneur established in Belarus shall submit to the HTP Administration an application, a copy of the Articles of Association and registration certificates certified by the Head, and a business project to be implemented by such entity as the HTP resident.

The HTP Administration considers the package of documents for not more than one month from their submission date.

The lawyer will help to enter the HTP and develop a business project for HTP entry by providing the following services in Belarus

• creation of the legal entity for the HTP (a branch of a foreign company);
• execution of the decision (protocol or sole owner’s decision) of the parent company to develop the business project;
• preparation of the business project for entering the HTP;
• support of purchase and sale of the existing HTP resident company;
• constant support of the activity of the created company: support of labour relations and protection of a trade secret; registration of trademarks, programs, industrial samples; working out of contracts etc.