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Doing business in Belarus

A selection of articles, books and online resources to help you explore the key issues for doing business in Belarus.

Update on sanctions

Since 2012, the UK has imposed financial sanctions on Belarus. For the latest guidance check UK sanctions on Belarus and the UK Sanctions List pages on the UK Government website.

The EU has imposed economic sanctions in response to human rights abuses and instrumentalisation of migrations. For the latest guidance check the Restrictive measures against Belarus page on the European Union website.

To find out more about what the sanctions mean for accountants, please check our Ukraine crisis: central resource hub.

Guides

Doing Business in Belarus
Guide prepared by a local firm within the UHY network which provides an overview of the relevant issues to consider when establishing a business in this country. Current as at October 2020.

Doing Business in Belarus
Guide published by EY in January 2020. Chapters cover economy, investment legislation, companies, and employment.

Business risk

Overseas Business Risk: Belarus
Report from the Department for International Trade and the Foreign, Commonwealth and Development Office looking at potential risks for UK businesses operating in this country. It gives a political and economic overview, and guidance on sanctions, human rights, bribery and corruption, terrorism threat, protective security, IP, and organised crime. Updated in August 2021.

Corruption Perceptions Index
Annual global corruption ranking produced by Transparency International, an international NGO, which measures the perceived level of public sector corruption across 180 countries and territories. A full report provides global and regional highlights along with further analysis.

Exporting

On our Exporting to Belarus page you can find export guides, trade forecasts and economic and political updates. 

Forums and support networks

Belarusian Chamber of Commerce and Industry
Promotes establishment and development of business relations between the Republic of Belarus and other countries.

Articles and books in the Library collection

To find out how you can borrow books from the Library please see our guide to book loans.

You can obtain copies of articles or extracts of books and reports by post or email through our document supply service.

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