On October 01, 2023 the new edition of the Instruction on registration of currency contracts by residents will come into force

Read more about it in our publication.

Attention: Entry into force of this normative document requires examination of previously concluded currency agreements as well.

Borovtsov & Salei has many years of experience in this area and ready to provide the necessary assistance and advice.

We are pleased to present you the quarterly Newsletter, traditionally prepared by Borovtsov & Salei team, in which we pointed out the most significant, in our opinion, legislative changes for business in Belarus for the period of April - June 2023.

Newsletter 2023 (Q 2) can be found here: Newsletter 2023 (Q2) from Borovtsov & Salei.

In May 2023, the HTP Supervisory Board approved

Rules for the implementation of activities related to the provision of services for the implementation of transactions (operations) with digital signs (tokens) in the interests of other persons, as well as adjusted

Regulation on the requirements individual applicants must meet in order to register them as residents of the Hi-Tech Park.

These acts establish special requirements for participants in the digital signs (tokens) market and regulate the activities of crypto brokers.

More details in our article.

Once again, the list of legal entities of the Republic of Belarus has been revised, in which participants (shareholders) from "unfriendly" states are prohibited from alienating their shares (shares) in authorized funds (the "List"). The new version of the List was approved by Resolution of the Council of Ministers No. 382 of June 10, 2023, comes into force on June 17, 2023 and contains 1,795 entities.

Important for pharmaceutical manufacturers and their representative offices!

Changes have been made to the procedure for informing medical and pharmaceutical workers about medicines.

After recent very significant changes dated January 09, 2023 to the Instruction on the procedure and conditions for informing medical and pharmaceutical workers about medicines included in the State Register of Medicines of the Republic of Belarus by representatives of medicine manufacturers (approved by the Decree of the Ministry of Health of April 17, 2015 No. 44) , a new resolution of the Ministry of Health of April 11, 2023 No. 51 was adopted, which introduced another very important change. Effective May 1, 2023.

More details in our article.

Borovtsov & Salei has many years of experience in supporting the activities of companies in the pharmaceutical industry and is ready to provide you with the necessary assistance and advice.