Тhe administrative burden for legal entities and individual entrepreneurs in the form of compulsory sale of foreign currency has been abolished
Previously residents of the Republic of Belarus – both legal entities and individual entrepreneurs – were obliged to sell part of currency (recently 10% of earnings, previously 30% and more) on the domestic foreign exchange market within seven days after receipt of exchange earnings. On 3 August 2018, Presidential Decree of 31.07.2018 No. 301 entered into force and cancelled this obligation. Time will show whether it is only a single-case decision or the Decree lays the foundation for further removal of strict restrictions established by the Belarusian currency legislation.
Source: National legal internet portal pf the Republic of Belarus (NLIP) 02.08.2018 1/17849