How to choose legal form of doing business

Article of Borovtsov & Salei: How to choose optimal organizational and legal form of doing business, taking into account specifics of Belarusian legislation. For comparison, the most common forms of doing business are closed joint-stock company (CJSC), limited liability company (LLC), private unitary enterprise (PUE).

Choice of optimal form of doing business is indispensably related to effectiveness of its activities and should be based on comprehensive assessment of systematically processed advantages and disadvantages of each of the forms.

Borovtsov & Salei has advised Croatian Bank for Reconstruction and Development in a funding transaction of beCloud

Borovtsov & Salei has advised Croatian Bank for Reconstruction and Development (HBOR) in a funding transaction of Belarusian Cloud Technologies JLLC (beCloud) within the Buyer Credit Facility Agreement aimed at financing of the export contract with Ericsson Nikola Tesla d.d. (Croatia) on supply of equipment and software for creation of single LTE cellular mobile telecom network in Belarus.