of January 5, 2022 No. 149-Z
About change of the Law of the Republic of Belarus "About investments"
Accepted by the House of Representatives on December 8, 2021
Approved by Council of the Republic on December 22, 2021
Article 1. Bring in the Law of the Republic of Belarus of July 12, 2013 No. 53-Z "About investments" the following changes:
1. State Article 1 in the following edition:
"Article 1. The main terms used in this Law and their determinations
Investments - the property and other objects of the civil laws belonging to the investor on the property right, other legal cause allowing it to dispose of them, put by the investor in the territory of the Republic of Belarus by the methods provided by this Law for the purpose of profit earning (income) and (or) achievement of other significant social and economic result in other purposes which are not connected with personal, family, home and other similar use in type:
money (money), including attracted (including loans, the credits), shares, other personal or real estate;
the rights to claim having assessment of their cost (in terms of money), share in authorized fund, shares in property of the commercial organization created in the territory of the Republic of Belarus;
other objects of the civil laws having assessment of their cost (in terms of money), except for types of objects of the civil laws which finding in turnover is not allowed (the objects withdrawn from circulation).
The investment project - the complex of actions providing implementation of investments, confirmed by the documents proving conditions, methods of implementation of investments, sources of their financing, and also terms of implementation of such project.
The investor - person performing (performed) investment in the territory of the Republic of Belarus, in particular:
the citizens of the Republic of Belarus, foreign citizens and persons without citizenship who are constantly living in the Republic of Belarus including individual entrepreneurs, and also legal entities of the Republic of Belarus;
Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info
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