On April, 10 2006 the President of the Republic of Belarus issued a decree ¹6 “On introducing additions and alterations into the decree of the President of the Republic of Belarus ¹11 of March, 16 1999”.
The alterations are aimed at simplifying the order of registering and liquidating legal entities as well as fighting bureaucracy by introducing a single window principle.
These additions and alterations are called to improve the conditions for business development in Belarus. Thus, in accordance with the alterations, the founders (co-signatories) of a juridical body are exempt from the obligation to provide the registration body with the notarized copies of their constituent instruments and the state registration certificate. In case of need the registration bodies will swap such documents on their own.
Besides, the registration body is charged with issuing a permit to make a stamp and documents, certifying registration with fiscal authorities, state statistics bodies, bodies of the Fund of Social Protection of Citizens as well as with the organisations performing mandatory insurance. Registering in the abovementioned bodies will be given to the registration bodies.
What is more the decree curtails the time limit for providing state registration from a month to 20 days without the possibility of extending the term.
No other payments should be requested during the process of state registration save a registration fee and a state duty for issuing a certificate of the head of profit-making (non-profit) organization.
The registration body performs the inspection of constituent instruments for the purpose of their correspondence to the legislation. The registration body is granted the right to reverse the decision to grant the certificate of state registration if any inaccuracy is revealed in the documents presented.
The decree ¹6 lays down one more reason for liquidating profit-making organizations by the decision of the registration body, namely systematic outrage of labour legislation, payment of the wages below the minimum level fixed by the legislation.
The decree fixes the norm on the necessity of passing to the state archive all the primary instruments on the seniority and the wages of employees. The instruments are to rest in the archive up to the moment of excluding a certain legal entity from the Single state registrar of juridical persons and private proprietors.
The decree comes into action on June, 1 2006.
