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Investments and Foreign Representative Offices

Investment Support

Attraction and effective use of investments is one of the main priorities of the state investment policy of Belarus, which is implemented by the Ministry of Economy of the Republic of Belarus.

The Ministry of Foreign Affairs of the Republic of Belarus together with the Belarusian diplomatic institutions assists in attraction of foreign investments in the economy of the country and creation of a favorable investment image of Belarus abroad.

The list of investment projects can be found here.

All sectors of our economy are open to foreign investments, except the production of weapons, narcotics and toxic substances.

Foreign investors may set up companies in Belarus with any amount of foreign investments in any legal form, as well as their representative offices.

All necessary legal conditions have been created for foreign investors in Belarus. All investors are guaranteed equal, without discrimination, protection of rights and legitimate interests, regardless of ownership and national status. Guarantees to foreign investors are also provided in the framework of bilateral agreements between Belarus and other countries.

The country established a system of incentives, privileges and preferences for investment activities. Special legal regimes can be applied to investors in free economic zones, small and medium-sized cities, rural areas, the Park of High Technologies, the Chinese-Belarusian industrial park «Great Stone», etc.

The legislation provides for the possibility of concluding the investment contract with the Republic of Belarus — it allows the investor to get legal guarantees to protect their capital and benefits for realization of the investment project.

The reforms aimed at liberalizing the economy and improving the investment attractiveness are gaining momentum in the country.

Geographically, a significant proportion of foreign direct investment on the net basis (as of 01.01.2015) accounted for investors from:

  • EU – 38 %; 
  • EAEC – 21 %; 
  • Asia and the Middle East – 5 %; 
  • North and South America – 3 %; 
  • Other countries – 33 %.

Why is it worth to invest in Belarus?

1. Direct access to the market of the EAEC countries (Belarus, Russia, Kazakhstan, Armenia), which implies:

  • Free movement of goods, services, capital, labor;
  • Single customs territory of Russia, Belarus, Kazakhstan and Armenia with the Common Customs Tariff;
  • Equal economic conditions (including the cost of basic energy);
  • Common rules of technical regulation, common sanitary, veterinary and phytosanitary standards.

2. The presence of 6 free economic zones, the Chinese-Belarusian industrial park «Great Stone», the High-Tech Park.

3. Favorable investment climate: guarantees, privileges and preferences to foreign investors.

4. Well-developed transport network and infrastructure.

5. Political, social, and economic stability.

6. Low level of crime and corruption.

7. Highly skilled manpower.

There are also State Enterprise “National Investment and Privatization Agency” and Advisory Council for Foreign Investments of the Council of Ministers of the Republic of Belarus.

Foreign Representative Offices in Belarus

Steps & Requirements

Payable Fees

Document Collections