Belarus to continue improving licensing

The improvement of licensing procedures in Belarus will continue, Deputy Economy Minister Andrei Tur told media as he commented on Belarus president decree No 450 “Licensing of several types of business” on 3 September. The decree was passed on 1 September.

“The work in the area of licensing will continue. Gradually we should reach a certain optimal minimum of licensed activities that exist in countries with a developed market economy. Their number includes about 10-15 types,” said Andrei Tur.

He reminded that at present 51 types of business are subject to licensing in Belarus. Decree No 450 lifted licensing requirements from 16 types of business and introduced licensing for one type of business, which is related to nuclear power engineering.

Andrei Tur said that measures are expected to be taken in Belarus in future to improve taxation, accounting, privatization mechanisms, financial and banking support forms, with decisions on pricing and salaries to be made.

BelTA reported earlier that decree No 450 will come into force on 1 January 2011. Corporations and individuals as well as self-employed businessmen have the right not to extend their business licenses if the decree has lifted licensing requirements from their type of business. Until the licenses expire, they can work using the licenses that have been issued prior to 1 January 2011, provided they meet requirements of the decree.

According to Belarusian portal