Register of Bona Fide Partners is an up-to-date database of Belarusian business entities that have successfully proven themselves in business. Both domestic and foreign enterprises, when choosing partners from among Belarusian business entities, often turn to the BelCCI to obtain more detailed information about a potential counterparty, requesting to provide information on the trustworthiness of a particular business entity, its registration status and the nature of its entrepreneurial activity, as well as on the availability of a database of good-faith business entities in the Republic of Belarus.
As international practice shows, such databases - registers of bona fide partners - are maintained by the Chambers of Commerce and Industry in Russia, Ukraine, Kazakhstan, European Union countries, but in Belarus until now such registers have not been created and the search for information on the subject was restricted to the analysis of information from various sources, including government registers etc.
Since January 2020, the BelCCI has launched a register of business entities of the Republic of Belarus, the available official information about which testifies to their bona fide as partners in entrepreneurial activities in the domestic market and abroad, which is called the Register of Bona Fide Partners.
The Register will simplify the task of choosing a partner for foreign companies that plan to do business with a Belarusian counterparty. For domestic economic entities that effect export operations, inclusion in the register will become an additional competitive advantage
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