In the Republic of Belarus, the payment of compulsory insurance contributions by persons registered as individual entrepreneurs is made annually, no later than March 1 of the year following the reporting year.
Decisions that are made on business development can only be assessed after some time. These decisions will have a positive or negative impact on business, and it is also quite difficult to predict. But in any case, you can not just stop. Without new solutions and the development of any, even the most profitable business, sooner or later will decline.
In order for a business to become profitable and bring a certain profit, while not violating the law, you need to seriously consider choosing the taxation system. What taxes do individual entrepreneurs pay? What taxation system is best suited to not overpay? We warn, in some cases, under the law there is no right to choose.
Today you can not consider doing business without optimizing the tax burden. To survive in the face of fierce competition, any enterprise must optimize its tax burden. At the same time it is necessary to use only legal methods of tax optimization.
The minimum wage is a state-established standard that must be applied by employers in the Republic of Belarus, when calculating wages, as the lowest limit for the remuneration of employees who work in normal working hours and in normal working conditions.
The minimum monthly wage is set annually by the Council of Ministers of the Republic of Belarus and is indexed in the manner prescribed by law, taking into account inflation.