SMP

TAKE A SEAT

Belarus

Typical legal form for start-ups

obshestvo s ogranichennoy otvetstvennostyu/общество с ограниченной ответственностью (ООО)

Brief information

Start-ups usually choose the legal form of the Belarusian OOO. It offers the advantages of limited shareholder liability, no minimum share capital requirement, manageable corporate governance and flexible investment alternatives.

A PE/VC Fund may in principle participate in the Supervisory Board if it is established.

One or more directors manage the OOO. In addition, a Supervisory Board may be established to monitor the management.

A PE/VC Fund may not participate in the Management.
If a Supervisory Board is established, a PE/VC Fund may in principle participate in it.

The information in our toolbox provides managers of private equity or venture capital funds with an initial overview of certain framework conditions in the respective country. It does not provide advice on the law of any country, neither does it substitute such advice. Before taking over a board seat in a portfolio company, it is at all times necessary to seek expert advice. Our team is happy to assist you with all questions at any time.

In collaboration with: Sorainen