Get help with hiring staff and accounting for your company.

HTP stands for High-Tech Park. It’s a special zone in Belarus that offers tax breaks and other benefits for tech companies. Think of it like a zone that encourages innovation and helps tech businesses grow!

Work in the High-Tech Park (HTP) of Belarus is organized under its Charter and the Regulations on the Creation and Operation of HTP Residents.

Here’s the gist:

• Freedom for your business: The HTP prioritizes free movement of goods, money, services, and even employees within the zone.
• Tax breaks: Working in the HTP means you get sweet tax benefits!
• Simplified business: Forget complex procedures! The HTP streamlines business operations for residents.
• Innovation focus: The HTP actively supports innovation and helps tech businesses flourish.

Joining the HTP in Belarus involves a few key steps:

1. Company Registration: First things first, you need to be a legally registered company in Belarus. This applies to both individual entrepreneurs and established businesses.
2. Check the Activity List: Ensure your company’s core activity falls under the approved list of HTP activities. You can find this list on the HTP website or by consulting with recruitment.by’s legal team (they can advise you!).
3. Prepare Your Application: This involves gathering specific documents like your company charter, a business plan outlining your HTP operations, and certificates of registration. Recruitment.by can assist with document preparation to ensure accuracy and completeness.
4. Submit Your Application: Once your documents are in order, file an official application with the HTP Administration.
5. Scientific and Technical Expertise: Your proposed business plan will undergo an evaluation by HTP experts. They will assess its feasibility and how it aligns with HTP goals.
6. Supervisory Board Decision: The final step is approval by the HTP Supervisory Board. If everything checks out, you’ll be granted HTP resident status and enjoy the benefits of operating within the High-Tech Park.

The process can take around three months, so plan accordingly.

Joining the HTP in Belarus unlocks a treasure chest of benefits for your tech business:

• Big tax savings: Forget income tax and reduced VAT on imports! Plus, lower employee income tax makes hiring a breeze.
• Easy-breezy business: Say goodbye to red tape! The HTP streamlines everything, from paperwork to customs.
• Global team, anyone? Attract international talent with multiple-entry visas for your foreign employees.
• Techie playground: Work with the latest tech infrastructure and access government support for innovation.

The HTP is basically a one-stop shop for tech businesses to grow and thrive!

• Save big on taxes: No income tax, reduced import tax, and lower employee tax.
• Less paperwork, more focus: Simplified procedures free up your time for innovation.
• Build a global team: Attract foreign talent with easy multi-entry visas.
• Techie haven: Access cutting-edge infrastructure and government support for growth.

The exact cost of accounting services in Belarus for HTP companies can vary depending on company size and complexity, required services, and experience of the accounting company.

Basic bookkeeping and tax filing costs $200 – $500 USD per month. Comprehensive accounting services (including payroll) are about $500 – $1000 USD per month.

Recruitment.by offers free consultations to assess your specific needs and provide a tailored quote for their accounting services within the HTP. This way, you’ll get a clear picture of the costs involved.

When it comes to paying your amazing team in Belarus, there are two main options to consider:

1. You calculate salaries and deductions (think taxes and social contributions), then send those funds directly to your employees’ bank accounts. Recruitment.by can be your partner in this process, handling everything from payroll calculations to ensuring compliance with Belarusian regulations. They’ll make sure your team gets paid accurately and on time, freeing you up to focus on running your business.
2. Consider Employer of Record (EOR) services. Here’s the deal: recruitment.by acts as the legal employer on record for your team. They handle everything from salary payments and social security contributions to the nitty-gritty paperwork. This lets you focus on what you do best – building your innovative business within the HTP – while recruitment.by takes care of the administrative headaches.

Absolutely, we work with EOR (Employer of Record) services! In fact, it’s one of the ways we help HTP companies streamline their operations.

Here at recruitment.by, we understand that managing payroll and HR tasks can be a burden, especially when navigating the complexities of a new market like Belarus. That’s why we offer EOR solutions to take that weight off your shoulders.

With our EOR services, we become the legal employer on record for your HTP team. We handle everything from salary payments and social security contributions to all the necessary paperwork. This lets you focus on your core business activities – building your innovative team and driving growth within the HTP.