Procedure for submitting documents

1. Documents are submitted to the state agency / executive committee in accordance with their competence, if the investor does not apply for a land plot.

2.Documents are submitted to the state agency / executive committee indicated in the list of plots intended for the implementation of investment projects, if the investor claims the land

I. List of documents

1. A statement in which information is indicated:

- about the experience (if any) in the implementation of investment projects (if the investor does not apply for a land plot)

2. A statement in which information is indicated:

- about the location and area of the land plot included in the list of plots for the implementation of investment projects;

- about the available experience (if any) in the implementation of investment projects

2. Draft investment agreemen signed by the investor (investors) and its electronic copy

3. A copy of the certificate of state registration of the investor (investors) - for residents of the Republic of Belarus, an extract from the trade register of the country of location of the investor (investors) - for non-residents of the Republic of Belarus, a copy of the identity document of the investor - for individuals

4.Copies of documents confirming the intentions of the investor (investors) to conclude an investment agreement, as well as documents confirming the authority of the person (s) who signed the draft investment agreement to sign it

5. Copies of constituent documents of investor (investors)

6. Copies of the audit report, or the conclusion of the financial Due Diligence, or the audit report of the international standard ISA 700. Provided for 2 years preceding the date of application, or for the entire period of the investor, if it is less than two years. The documents must contain: an assessment of the financial condition of the investor, his ability to make the declared investments, a bank statement on the balance of funds in the bank account, letters from banks confirming the intentions of the lenders to provide funds for the implementation of the investment project in the form of loans, loans, loans with indicative amounts and terms of their provision

7.The financial and economic justification of the investment project. The financial and economic justification of the investment project. The document should contain information about the investment object, the duration of the investment project and the expected socio-economic effect, etc. Compiled in accordance with the standard form approved by the Ministry of Economy

8. Business plan of the investment project

9. Initial financial statements of the initiator (for 2 previous years / for the period of activity, if it is less than 2 years), as well as financial statements for the current period (on the first day of the month preceding the month of submission of the package of documents)

10. Documents confirming the reliability of investment costs for the purchased equipment, including contracts for its supply

11. Documents confirming the estimated or estimated cost of construction, including the conclusions of the state examination of design documentation

12.Documents confirming the intentions and conditions for the provision of loans (loans) for the implementation of the investment project

13.Other documents established by law

Please note!

Copies of documents are certified by the applicant in accordance with the established procedure without notarization.

Documents drawn up in a foreign language must be translated into Russian / Belarusian, the accuracy of the translation and the authenticity of the signature of the translator is notarized.

Documents issued in the territory of another state must be legalized, unless otherwise provided by international treaties of the Republic of Belarus.

When concluding an investment agreement by two or more investors, an application may be submitted by one of them. In this case, the documents referred to in paragraphs 3 - 6, 9 are submitted in relation to each investor

II. Terms of consideration of the application

Deadlines set for options 1 or 2

The terms can be extended for the period of the state comprehensive examination (30 calendar days with the possibility of extension up to 60 calendar days) with a notification to the investor

III. Procedure for reviewing the application

State agency / executive committee:

- conducts local examination (term - 20 calendar days from the date of submission of documents, repeated - 15 calendar days);

- sends the project to the Ministry of Justice for a legal examination;

- sends the project to the Ministry of Economy for the state comprehensive examination (the deadline is 30 calendar days with the possibility of extension to 60 calendar days)

IV. Results of the application

The state agency / executive committee makes a decision on the preparation and submission to the Government of a draft resolution of the Council of Ministers on the conclusion of an investment agreement or a decision is made on the inappropriateness of concluding an investment agreement

A notification of the decision is sent to the investor (delivered in person)

V. Signing an investment agreement and its entry into force

The investment agreement is signed by the head (authorized deputy head) and the authorized person of the investor after the decision by the state agency / executive committee on the conclusion of the investment agreement

An investment agreement shall enter into force upon its state registration in the State Register of Investment Agreements with the Republic of Belarus