Registration of enterprises in free economic zones
Registration as a FEZ resident is performed by Administration on the basis of the decision of Committee on Enhancement of Economy Competitiveness created by the Decree of the Council of Ministers of the Republic of Belarus of March 20/2003 №382 “On approval of FEZ Administration propositions on legal persons and individual businessmen registration as FEZ residents”
Legal and natural persons of the Republic of Belarus, foreign legal and natural persons submit the following documents to FEZ Administration for consideration the question of registration as a FEZ resident.
Legal persons, residents of the Republic of Belarus - notarized copies of the constituent documents and certificates of state registration;
individual businessmen – a notarized copy of the certificate of state registration, a passport xerocopy (for residents of the Republic of Belarus) or a passport xerocopy with the translation into Belarusian/Russian and notarized certification of the translator's signature (for non-residents of the Republic of Belarus);
Legal persons, non-residents of the Republic of Belarus - legalized extract from the trade register of the country of origin or other equivalent proof of the legal status with the translation into Belarusian/Russian and notarized certification of the translator's signature. Legalized extract must be done not later than one year before the documents submission;
Natural persons, residents of the Republic of Belarus - passport xerocopy;
Natural persons, non-residents of the Republic of Belarus–passport xerocopy with the translation into Russian and notarized certification of the translator's signature;
business plan of the investment project or feasibility study;
confirmation of the payment due for the registration in FEZ in the amount adopted by the legislation. A submitted payment can’t be returned;
documents confirming a pretender's possibility to locate within FEZ.
The parties are responsible for the authenticity of the information in accordance with the legislation of the Republic of Belarus. If necessary FEZ Administration has the right to inquire additional documents connected with their activity and evaluation of the investment project being planned for realization. Documents, that don’t meet the requirements set by the present Regulation or other legislation, will not be considered.
Investment project should correspond to the following terms:
Authorized fund for legal persons – not less than 20.000 $;
Not less than 90% of the imported technical equipment should be in use for less than 5 years.
Within two weeks from the application day FEZ Administration considers the investment project for its compatibility to the aims and purposes of FEZ and for the correspondence of the presented documents to the legislation of the Republic of Belarus.
Administration prepares an annotation and a report on the investment project, coordinates it with Brest region Executive Committee, and passes it for consideration to the Committee on Enhancement of Economy Competitiveness.
Within three days after Administration receives the extract from the Committee record, it notifies legal and natural persons, residents or non-residents of the Republic of Belarus of its decision on the investment project. If the decision of Administration is negative, complaints are not considered.