Belarus , the place 2 be for businesspeople ? Lanneer Wout

Today, we thought it would be nice and interesting to take a closer look at the business environment of Belarus.

To get to know something more about the businesses here, we have visited some enterprises such as Coca-Cola and Heineken Breweries. It was immediately clear that there are a lot of international companies over here. So, we investigated some reasons why international companies settled down establishments in Belarus.
These are our conclusions.
The Belarusian government attracts foreign investment and promote international trade. Setting up a company in Belarus has become much easier and quicker than before.
Belarus has a good location, between Europe and Russia, which means that they have a well-developed infrastructure. And the economic system here is quite stable too. We also found out that Belarus is so attractive for international companies because they have a favourable investment climate. This means that there are Free Economic Zones, a High Technology Centre and special tax incentives for businesses operating in rural areas or small towns.

These things have led to Belarus being the home basis for more than 2300 joint venture companies and 2000 foreign enterprises.  60% of the goods produced by these companies are made for export.

I Guess we can say that Belarus is quite a popular country for business companies.

Thanks for reading and stay tuned !

Lanneer Wout