Welcome Note of Ondřej Peterka

In the year 2000, my partners and I launched the PETERKA & PARTNERS law firm in Prague, Czech Republic. Over time we developed an ambitious idea - to create an integrated regional law firm, which at first seemed almost impossible. However, after years of dedication and hard work, we became a strong alternative to the global giants and local law firms active in the CEE region through their networks or best friends.

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Belarusian Government allows suspension of amortization of assets

In order to overcome the negative consequences of the COVID-19 pandemic, the Belarusian Government granted the right to organizations and individual entrepreneurs to suspend amortization from January 1 to December 31, 2020 in accordance with Council of Ministers Resolution No. 229 of April 15, 2020.

The decision can be made in relation to all or some types of tangible assets and intangible assets that are used in commercial activity. At the same time, the standard operation life and useful life of assets must be extended for the period of uncharged amortization.

For any further information and assistance with respect to the above and any other COVID-19 related legal matters, please do not hesitate to contact our COVID-19 Help desk at covidhelpdesk@peterkapartners.com.

This document reflects the status as of April 21, 2020. It is for informational purposes only and may not be considered a legal opinion or advice. 



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