In Belarus, there is an active re-registration of individual entrepreneurs into legal entities.
This was announced by First Deputy Prime Minister Nikolai Snopkov at a joint session of the chambers of parliament.
His statement is cited by BELTA .
What Snopkov said about re-registration of legal entities as individual entrepreneurs
The Deputy Prime Minister recalled that a rational transformation of the business environment has begun in the country and a corresponding law has been adopted.
From October 1, lists of artisans, self-employed individuals and individual entrepreneurs came into effect.
Active re-registration into legal entities is underway, Snopkov stated.
According to him, over the 20 days of October, about 200 individual entrepreneurs became legal entities on the same day.
In addition, the deputy head of government continued, the law on investments was updated.
The document provides for the introduction of new mechanisms to support effective investment projects in the regions.
We are talking about the guaranteed purchase of import-substituting products (special investment agreement), partial compensation of capital costs upon reaching the enterprise’s production capacity (budget transfer) and compensation of costs for engineering and transport infrastructure.
According to the Deputy Prime Minister, there are already certain results.
Around 40 investment projects are being considered for the use of these new investment stimulation instruments in the regions, he noted.
