Legislative News: Ban on Loans to Individuals. Essential Terms of a Contractor Agreement and More
A review of legislative news as of April 09, 2026.
Ban on issuing loans to individuals who are not employed by organizations
Effective April 23, 2026, only legal entities that are microfinance organizations or other legal entities authorized to conduct microfinance activities can lend money to individuals (who are not individual entrepreneurs).
All other organizations, as well as individual entrepreneurs, are prohibited to provide loans in cash (regardless of the amount) from April 23, 2026 (Clause 1, Article 760 of the Civil Code).
Exceptions:
- loans to individuals maintaining an employment relationship with business entities,
- commercial loans.
The prohibition extends to loans involving individual founders (shareholders) who are not employees of the organization. As of April 23, 2026, it shall be prohibited to enter into supplementary agreements to such contracts.
Essential terms of the contractor agreement
Effective May 15, 2026, Decree of the President of the Republic of Belarus No. 45 as of February 12, 2026 “On ensuring the payment of wages and remuneration” comes into force.
From the given date, the payment procedure must specify not only the amounts payable but also the payment deadlines.
From the essential conditions is excluded the responsibility of the customer for non-payment of work performed (service rendered) in the form of a penalty amounting to 0.15% of the unpaid amount for each day of delay.
Failure to include these essential working conditions may result in administrative liability up to 25 basic amounts according to Article 10.18 of the Code of Administrative Offenses.
Changes for inactive taxpayers
Decree of the Ministry of Taxes and Duties of the Republic of Belarus (hereinafter — MTD) No.13 dated March 27, 2026, introduced amendments to the Instruction on the Procedure for Classifying Organizations and Individual Entrepreneurs as Inactive Taxpayers, approved by departmental Decree No. 19 dated May 15, 2023.
It has been established that the classification of the specified business entities as inactive taxpayers is carried out based on the following analyses of provided:
- by organization – tax returns (calculations) on income taxes from lottery activities and conducting electronic interactive games;
- by IE – tax return (calculation) on income tax for individuals of an individual entrepreneur.
Decree No. 13 entered into force on April 5, 2026.
Self-monitoring of information on income of individuals
A self-monitoring service has been implemented in the Personal Account of taxpayer in the “Reports and Analytics” section, allowing to verify the completeness and accuracy of individuals’ income information.
To get started, the organization administrator (the owner of the digital signature) must log in to the Personal Account and grant permission to use the “Reports and Analytics” functionality to the relevant user.
Detailed instructions can be found on the Ministry of Taxes and Duties website.
Establishment of Document Forms
Decree No. 11 of the Ministry of Taxes and Duties of February 27, 2026, “On the Establishment of Document Forms,” approves 45 document forms to be prepared by tax authorities and submitted by taxpayers to the Ministry of Taxes and Duties.
Among the new regulations is the inspection report on the legal entity’s location at its place of state registration, which serves as the basis for freezing bank accounts.
Updated forms:
- applications on the change of tax due date;
- notifications regarding the opening (closing) of foreign bank accounts, amendments to tax returns, etc.
Where to transfer money earned during subbotnik
Decree No. 14 of the Ministry of Finance dated April 1, 2026, established the procedure for transferring funds earned during the republican subbotnik (cleanup day) in 2026.
This document establishes that the republican government bodies and other state organizations subordinate to the Government of Belarus, local executive and administrative bodies, other organizations transfer monetary funds earned on the day of the republican subbotnik, including at workplaces, in amounts determined voluntarily by workers, including workers whose activity is not related to the production of goods (works), the provision of paid services, to separate current (settlement) bank accounts of district and city executive committees
Non-profit organizations participating in the republican subbotnik deposit cash in the amounts voluntarily determined by their employees, into the district/city executive committee accounts or deposit them into the organization’s own current account for subsequent transfer to the separate district/city executive committee accounts.
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