The guide explains the taxation procedure applicable to the alienation of participatory interests in the charter funds of legal entities, the sale of shares, withdrawal from the membership of participants of LLCs/ALCs, reductions and increases of the charter fund, donation of participatory interests and shares, contributions to the assets of a legal entity without increasing its charter fund, as well as the receipt by participants of income in the form of dividends.
| This guide describes the specifics of taxation in Belarus arising in the course of corporate procedures and transactions. The material covers transactions involving participatory interests and shares, dividend payments, increases and reductions of the charter fund of legal entities, withdrawal from the membership of participants, transactions with company participants, and other corporate procedures. |
When the parties to a transaction — individuals and/or legal entities — intend to enter into a sale and purchase agreement for a participatory interest or shares.
When a decision is made to distribute profits by declaring and paying dividends.
When a participant withdraws from the membership of participants of an LLC/ALC.
When increasing the charter fund of an OJSC/CJSC through an additional issue of shares.
In other corporate procedures and transactions that may entail tax consequences for participants and companies.
Get acquainted with the material
Authors: Nikita Tolkanitsa, Matvey Shesternev.
REVERA lawyers advise on M&A transactions in the real sector and the IT sector, and also assist with business restructuring: preparing assets for sale, clearing participatory interests and shares, optimising ownership and management structures, and establishing holdings and management companies.
