LAW OF THE REPUBLIC OF BELARUS

of July 1, 2010 No. 148-Z

About support of small and medium business

Accepted by the House of Representatives on May 26, 2010

Approved by Council of the Republic on June 15, 2010

This Law is directed to determination of legal and organizational basis of support of small and medium business, creating favorable conditions for its development.

Chapter 1. Basic provisions

Article 1. Support of small and medium business

Support of small and medium business - realization by state bodies and other organizations of legal, economic, social, information, consulting, educational, organizational and other measures for creating favorable conditions for development of subjects of small and medium business and subjects of infrastructure of support of small and medium business.

Article 2. Legislation on support of small and medium business

The legislation on support of small and medium business is based on the Constitution of the Republic of Belarus and consists of this Law, acts of the President of the Republic of Belarus and other acts of the legislation.

If international treaties of the Republic of Belarus establish other rules, than those which are provided by this Law then are applied rules of international treaties of the Republic of Belarus.

Article 3. Subjects of small and medium business

Treat small business entities:

the individual entrepreneurs registered in the Republic of Belarus;

the microorganizations - the commercial organizations registered in the Republic of Belarus with average number of workers calendar year prior to 15 people inclusive;

the small organizations - the commercial organizations registered in the Republic of Belarus with average number of workers for calendar year from 16 to 100 people inclusive.

The commercial organizations registered in the Republic of Belarus with average number of workers for calendar year from 101 to 250 persons inclusive treat subjects of medium business.

The average number of employees of small business entities - legal entities and subjects of medium business for calendar year is determined in accordance with the established procedure as: payroll number of workers on average in year (except for the workers who are on maternity leaves in connection with adoption (adoption) of the child aged up to three months, on child care before achievement of age of three years by it); average number working part-time with the place of the main work at other employers; the average number of persons performing works on civil agreements (including concluded with legal entities if the subject of the agreement is rendering service in provision, to hiring of workers).

This number of workers is told in general from the legal entity, including branches, representations and other its separate divisions.

Special registration of individual entrepreneurs and legal entities as subjects of small and medium business or other confirmation of the specified status from state bodies is not required.

Article 4. The subjects of infrastructure of support of small and medium business and other organizations performing support of subjects of small and (or) medium business

Subjects of infrastructure of support of small and medium business are the centers of support of entrepreneurship and incubators of small business which main objective of activities is rendering to subjects of small and medium business of assistance in the organization and implementation of business activity.

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