Payment Terms Legislation In Belarus

Select to view payments

Belarus

Please scroll down for a summary of payment terms in Belarus and the various industries across which payment term legislation appears.

To access the complete international payment terms data, download the international payment terms whitepaper.

Industries Laws Codes Notes Interest Rate
Government
Comm_terms_law
Construction
Manufacturing
Retail_agriculture
Services

Laws

The Law on State Regulation of Trade and Public Catering in the Republic of Belarus sets maximum payment terms to suppliers of food products based on shelf life. Where shelf life is less than 10 days the maximum payment term is 10 days. Where shelf life is between 10 and 30 days the maximum payment period is 30 days, and where self life is longer than 30 days the maximum payment period is 45 days.

Comm_terms_law Retail_agriculture
Go to link

Resolution of the Council of Ministers No. 1014 of July 31, 2003 requires payment for meat, dairy and bakery products to be between 15 and 30 days depending on the type of product.

Comm_terms_law Retail_agriculture
Go to link
View Payment Terms Disclaimer

Unlock the power of cash

Accelerate your cash flow today.

Get started